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Leon's Furniture 3Q Profits Down
November 13,
2011 by in UnCategorized
By Aggregated Content in Furniture Retailing on November 14, 2011
from http://c.moreover.com/click/here.pl?z5470065628&z=1250249032
Leon's Furniture Ltd. raised its quarterly dividend by a penny on Monday to 10 cents per share as it reported a lower third-quarter profits and sales compared with a year ago. Trading in Leon's shares was halted pending the announcement. The furniture and electronics retailer said it earned $17 million or 23 cents per diluted share for the quarter ended Sept. 30, compared with a profit of $17.8 million or 24 cents per diluted share a year ago. Sales â including corporate and franchise stores â totalled $223.6 million in the quarter, down from $231.5 million
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