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Leon's Furniture Ltd T.LNF

Alternate Symbol(s):  LEFUF

Leon's Furniture Limited is a Canada-based retailer of furniture, appliances and electronics in Canada. The Company operates in two segments: Leon’s and The Brick, which operates in the business of the sale of home furnishings, mattresses, appliances and electronics in Canada. Its retail banners include Leon’s, The Brick, Brick Outlet and The Brick Mattress Store. It operates six e-commerce sites: leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservices.com and applicancecanada.com. The Company’s repair service division, Trans Global Services (TGS), provides household furniture, electronics and appliance repair services to its customers. This division also performs work for products sold with extended warranties and is an integral part of the retail offering. Its wholly owned subsidiaries, Trans Global Insurance Company and Trans Global Life Insurance Company, offer credit insurance on the customer’s outstanding financing balances and third-party customer balances.


TSX:LNF - Post by User

Comment by Torontojayon Apr 28, 2022 7:17am
412 Views
Post# 34638019

RE:Stores are Dead

RE:Stores are Dead

Sure, if there is a recession this company will suffer along with the rest of retail. The last time I checked, this company had a 17% free cash flow yield which is pretty attractive. 

If you had to select some companies for your rrsp, this one would certainly fit the bill. 

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