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Leon's Furniture (TSE:LNF)
TSX:LNF
Earnings Data
Report Date
May 07, 2026During Market Hours (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.3Last Year’s EPS
0.35Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized solid operational execution and financial strength: revenue growth, gross margin expansion, double-digit adjusted EPS growth, a healthier inventory position, strong liquidity and increased shareholder returns (regular dividend increase plus a $0.50 special dividend). Management acknowledged near-term headwinds — Canada Post disruptions, adverse weather, a cautious consumer and a moderating lower-margin commercial channel — and flagged tougher year-over-year comps in early 2026. Overall, the company appears well-capitalized and strategically positioned to manage near-term variability while pursuing measured growth and margin improvement.Company Guidance
Revenue Growth and Scale
Full-year revenue of $2.57 billion, up 3.0% year-over-year; fourth quarter revenue of $671.4 million, up 0.7% with same-store sales up 0.6%. System-wide sales growth of 2.8% noted for 2025.
Profitability and EPS Expansion
Adjusted net income increased by $22.2 million (+16.6%); adjusted diluted EPS grew 16.5% year-over-year. Q4 normalized adjusted diluted EPS modestly increased 1.3% (to $0.74 from $0.73).
Gross Margin Expansion
Full-year gross margin expanded by 65 basis points to 45.04%; Q4 gross margin was 46.08%, driven by a favorable mix shift into higher-margin furniture and sourcing improvements.
Strong Liquidity and Capital Return
Ended the year with $603 million in unrestricted liquidity (cash, marketable securities and revolver). Increased quarterly dividend by 20% and Board approved a $0.50 special dividend.
Furniture Category Outperformance
Furniture was the standout category, growing 6.3% for the year and contributing materially to margin and sales improvements through focused assortment and deeper SKUs.
Operational and Supply Improvements
Improved written-to-delivered timelines and in-stock positions; deeper vendor relationships and increased purchasing penetration via First Ocean drove cost efficiencies and supply consistency.
Strategic Investments and Growth Initiatives
Planned disciplined growth: 2 new corporate stores and up to 5 franchise stores in 2026 (weighted to back half). Investing in technology (piloting AI and automation), added senior talent across digital/tech/commercial/real estate, and evaluating further centralized distribution after Mississauga closure benefits.
Commercial Channel Execution
Commercial appliance channel and completion of previously booked multiunit residential projects meaningfully contributed to 2025 top-line growth and geographic expansion tests such as the store-within-store pilot in Richmond, BC.
TSE:LNF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:LNF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | C$28.44 | C$27.95 | -1.72% |
Nov 06, 2025 | C$29.25 | C$28.59 | -2.27% |
Aug 07, 2025 | C$27.69 | C$27.73 | +0.14% |
May 08, 2025 | C$22.98 | C$24.41 | +6.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Leon's Furniture (TSE:LNF) report earnings?
Leon's Furniture (TSE:LNF) is schdueled to report earning on May 07, 2026, During Market Hours (Confirmed).
What is Leon's Furniture (TSE:LNF) earnings time?
Leon's Furniture (TSE:LNF) earnings time is at May 07, 2026, During Market Hours (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:LNF EPS forecast?
TSE:LNF EPS forecast for the fiscal quarter 2026 (Q1) is 0.3.
