Leon's Furniture Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 660.99 million compared to CAD 662.2 million a year ago. Net income was CAD 52.27 million compared to CAD 61.32 million a year ago. Basic earnings per share from continuing operations was CAD 0.77 compared to CAD 0.91 a year ago. Diluted earnings per share from continuing operations was CAD 0.76 compared to CAD 0.9 a year ago.
For the nine months, sales was CAD 1,767.85 million compared to CAD 1,856.46 million a year ago. Net income was CAD 92.61 million compared to CAD 136.2 million a year ago. Basic earnings per share from continuing operations was CAD 1.36 compared to CAD 2.02 a year ago. Diluted earnings per share from continuing operations was CAD 1.35 compared to CAD 2 a year ago.