Leon's Furniture FY26 Q2 net income rises 10.1% to C$ 35 million; revenue falls 2% to C$ 631.2 million

Reuters2026/08/06 22:05

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Leon's posted Q2 net income of C$ 35 million, up 10.1%, while diluted EPS rose to C$ 0.51 from a year earlier.
Revenue fell 2% to C$ 631.2 million; system-wide sales slipped 2% to C$ 756.2 million.
Gross margin edged down 0.19 percentage points to 44.63%, pressured by foreign-currency revaluations; SG&A rate widened 0.47 percentage points to 36.85%.
Non-IFRS adjusted net income declined 11.7% to C$ 34.8 million, with adjusted EBITDA down 5.75% to C$ 77.1 million.
Opened four new franchise locations; ended the quarter with C$ 560.1 million of unrestricted liquidity, while planning the rest of the year prudently.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leon's Furniture Limited published the original content used to generate this news brief via Newsfile (Ref. ID: 202608061700NEWSFILECNPR____20260806_308482_1) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Leon's Furniture FY26 Q2 net income rises 10.1% to C$ 35 million; revenue falls 2% to C$ 631.2 million

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