LFL Releases Fourth Quarter Financial Results

About this update from Leon's Furniture Limited

[{"type":"text","content":"Full year normalized EPS up 16.5%","length":33,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - February 25, 2026) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced financial results for the quarter ended December 31, 2025.","length":227,"tagName":"p"},{"type":"text","content":"Financial Highlights - Q4-2025","length":30,"tagName":"p"},{"type":"text","content":"These comparisons are with Q4-2024 unless stated otherwise.","length":59,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"System-wide sales for the quarter was $813.0 million, an increase of 0.8%.","length":74,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Q4 Revenue was $671.4 million, an increase of 0.7%, driven by strong performance in the furniture category","length":106,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Same store sales increase (1) of 0.6%.","length":38,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit margin was 46.08%, a 23-basis point improvement driven by favourable retail category sales mix and improved furniture rates driven by assortment and sourcing improvements.","length":184,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"SG&A rate increased by 13 bps driven by higher occupancy and amortization costs.","length":84,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net Income was $51.0 million compared to $67.9 million in the prior year.","length":73,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Normalizing for a one-time $23.4M pre-tax settlement in Q4 2024, adjusted normalized net income(1) for the quarter increased by $1.0 million or 2.0%.","length":149,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"On December 31 2025, unrestricted liquidity was $603.0 million, comprised of cash, cash equivalents, debt and equity instruments and the undrawn revolving credit facility.","length":171,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"A special dividend of $0.50 per common share was declared by the Board of Directors.","length":84,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":963,"olType":false},{"type":"text","co...

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