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Leon’s Furniture Reports Strong Q2 Growth Amid Challenges

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Leon’s Furniture Reports Strong Q2 Growth Amid Challenges

Leon’s Furniture (TSE:LNF) has released an update.

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Leon’s Furniture Limited (LFL), Canada’s largest home retailer, reported positive financial results for the second quarter of 2024, with a notable 3.6% increase in same-store sales and a significant 11.1% hike in dividends. The company achieved a 4.0% revenue growth, reaching $617.7 million, and maintained strong gross profit margins despite the challenging economic climate.

For further insights into TSE:LNF stock, check out TipRanks’ Stock Analysis page.

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