Daily News Archive
Brought to you by Home Furnishings Business
Leon's Furniture Reports Flat Sales, Lower Profit
November 12,
2012 by in UnCategorized
By Aggregated Content in Furniture Retailing on November 13, 2012
from http://www.thestar.com/business/article/1287139--leon-s-furniture-says-sales-flat-profit-down
A day after announcing plans to buy its closest competitor, Leon's Furniture Ltd. says profit fell and sales were flat in the latest three-month period.
The Toronto-based furniture warehouse chain said earnings declined 15 per cent to $13 million, or 19 cents a share, in the quarter ended Sept. 30.
Read Full Article...