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LFL Sales Drop in Q1
A softening macro-economic environment, primarily in Ontario, was cited as the primary reason why sales slumped in the first three months of 2023 for Leon’s Furniture Limited (LFL), this country’s largest full-line furniture, mattress and…
BMTC Sales, Earnings Drop
BMTC Group, Quebec’s largest furniture, mattress and appliance retailer, recently reported sales and earnings for the fourth quarter of its latest fiscal year fell dramatically when compared to this same period in the prior year. The…
Sleep Country Sold One in Four Mattresses in Canada Last Year
Sleep Country Canada Holdings (SCC) sold one of every four mattresses purchased by Canadian consumers in 2022, solidifying its position as the dominant player in this country’s bedding market. That’s despite the fact its mattress sales…
LFL Sales Flat for 2022
Leon’s Furniture Limited (LFL) remains this country’s largest full-full line furniture retailer despite a sag in fourth quarter revenue coupled with a somewhat bigger drop in net income and earnings per share. Full year results were…
Easyhome Leasing Revenue Falls in 4Q and Full 2022 year
Easyhome, this country’s largest furniture, appliance and consumer electronics rent-to-own retailer saw revenue from its core leasing business fall not only for the fourth quarter but for the entire fiscal year, its parent company recently…
November Furniture Store Sales Fall 4.9 Per Cent
When compared to November 2021, furniture store sales in November 2022 slid 4.9%, according to the latest figures from Statistics Canada. Home furnishings stores and electronics/appliance stores also saw their sales sag. However, top line…
Furniture Store Sales Fall in October: StatsCan
After climbing steadily on a month-over-month basis in each of the previous three months, furniture store sales retreated in October 2022, according to the latest figures published by Statistics Canada. While sales were also down from…
LFL Reports Declining Sales and Earnings for Third Quarter
Leon’s Furniture Limited (LFL) has reported sales and earnings for the third quarter of 2022 fell when compared to the same period last year, but when compared to the third quarter of 2019, not long before the onset of the COVID-19…
SCC Third Quarter Sales Fall
In what might be seen as the end of the pandemic boom, Sleep Country Canada Holdings (SCC) reported sales and earnings for the third quarter were down compared to the same period last year, although for the first nine months both were up…
Furniture Store Sales Up for First Half of 2022: StatsCan
While Canadian furniture store sales were essentially unchanged on a month-over-month basis in June, it appears the almost universal opinion among financial analysts is while the dollars remained equal, volume sales likely fell thanks to…