Added to YB: 2025-05-19
Pitch date: 2025-05-15
LNF.TO [neutral]
Leon's Furniture Limited
+7.58%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada.
Market Cap
CAD 1.7B
Pitch Price
CAD 25.61
Price Target
60.00 (+115%)
Dividend
N/A
Sector
Specialty Retail
Category
value
Some Position Updates - Leon's Furniture Limited
LNF.TO (holding update): Q1 record rev +3.1% YoY ($579.5M), furniture sales +5.2%, SSS +3%, EBITDA margins +100bps. Market share gains via superior inventory & supply chain. Only small exposure to tariffs, largest Chinese container importer in Canada = negotiating power. Intrinsic value CAD $50-60 vs current CAD $25.
Read full article (2 min)