Leon's Furniture

Leon's Furniture says customer financing helped lift average basket values during the third quarter of 2026. The retailer is preparing for an important November promotional period while Canadian shoppers remain cautious about major purchases and inventory delays continue.

Leon’s Furniture reported a 1.2 per cent increase in third-quarter net income as revenue declined 0.9 per cent, with inventory delays weighing on furniture sales and a property sale boosting earnings.

Leon’s has valued its Canadian real estate portfolio at $1.17 billion as the retailer advances redevelopment projects and continues plans for a publicly traded REIT.

Leon’s sees expansion opportunities in Western Canada while The Brick targets Atlantic growth as LFL Group adds stores and tests new retail formats.

Revenue declined by $12.9 million from a year earlier, with furniture delivered sales down 4.2 per cent against what the company described as a strong prior-year comparison.

Canadian home furnishings retailers are adapting to slower demand by investing in service, accessibility, omnichannel retail and operational resilience. Retail Insider's latest Home Furnishings Report examines how evolving consumer behaviour is reshaping competition across furniture, décor, mattresses, lighting and related categories.

Q1 Revenue was recorded at $557.2 million, a decrease of 3.8%, driven primarily by timing of delivered sales in the furniture category as compared to Q1 last year, a challenging macro environment and unfavourable weather.

Leon’s Q4 results missed estimates as a postal strike, snowstorms and softer demand weighed on sales and outlook.

Same store sales increased 3%

Leon’s Furniture posts Q2 2025 sales and margin gains with a 20% dividend hike and expansion to 300 stores in Canada.

The Brick opens a 43,000-square-foot concept showroom in Richmond, BC, offering furniture, appliances, and electronics in a modern setting.

System-wide sales for the quarter were $696.1 million, an increase of 2.7% for Leon's Furniture

Leon’s Furniture Limited exceeded Q1 2025 expectations with higher same-store sales, margin gains, and strong furniture demand, according to a new report from Stifel.

The company is expanding in Canada as it looks to open new stores, while also establishing a REIT that will become its own entity.

Retail Insider interviewed Edward Leon, President & CEO of Canada’s largest retailer of furniture, mattresses, appliances and electronics. He discussed the company’s remarkable success as well as future plans that include rolling-out smaller concept stores.

The first-of-its kind cutting-edge retail space will be used as a prototype for the chain as it embraces the future of experiential retail. Innovations allow visitors to see a vast assortment product not actually in the store by using augmented reality, video walls and touchscreens.

Canada’s largest furniture and appliance retailer, which also operates banners such as The Brick, discussed how Canada is behind the times and how Leon’s is evaluating its real estate as it launches virtual showrooms.