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Investment Q&A

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Leon's Furniture Limited (LNF)

Q: Comments please on the recent quarter from Leons.
Thanks
Rob

Asked by Robert on February 22, 2024

5i Research Answer:

EPS of 72c beat estimates of 56c; revenue of $686M beat estimates by ~3%. EBITDA of $96M beat by 14%. Same store sales growth was 3.6%. Gross margins 44.9%. System wide sales rose 4%. EPS rose 7.5%. Debt declined by $60M. We would consider the quarter solid.

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