Posted On: 04/19/2014 1:29:16 PM
Post# of 273349
Leons Furniture (LNF.TO) 15.86 $LNF.TO
The Brick Showcases Canadian Made Furniture
CNW Group - Wed Mar 26, 7:00AM CDT
Sales of Canadian made furniture to support Canadian Veterans and Families.
Leon's Furniture Limited - 2013 Fourth Quarter
CNW Group - Thu Feb 27, 1:06PM CST
Leon's Furniture Limited is pleased to announce its results for the full year 2013 and the fourth quarter 2013 including the results of The Brick Limited from March 28, 2013. For the year ended December 31, 2013, total system wide sales were $2,039,428,000 including $344,785,000 franchise sales ($880,240,000 including $198,077,000 franchise sales in 2012). Same store sales were down 1.6% from the prior year. Net income was $67,183,000, $0.95 per common share ($46,782,000, $0.67 per common share in 2012), an increase of 41.8% per share.
Aldera Touts Its 2013 Accomplishments
Close-Up Media - Thu Feb 20, 11:37PM CST
Aldera (formerly Healthation), a provider of cloud-based and on-premise core administration and private portal solutions for payers and administrators, recently offered a report of its 2013 accomplishments.
Leon's Furniture Limited - 2013 Third Quarter
CNW Group - Thu Nov 14, 12:20PM CST
The Board is pleased to announce the 2013 third quarter results of Leon's Furniture Limited, which represents our second full quarter with The Brick Limited under the ownership of our Company. For the three months ended September 30, 2013, total Leon's system wide sales were $628,619,000 including $100,017,000 of franchise sales ($223,680,000 including $49,505,000 franchise sales in 2012). Same store sales were down 1% compared to the prior year third quarter assuming The Brick stores were included. Net income was $21,283,000, 30¢ per common share ($13,058,000, 19¢ per common share in 2012), an increase of 58% per common share. The sales and income increase in the quarter compared to the prior quarter were mainly a result of the inclusion of the operating results of The Brick Limited.
Leon's Furniture Limited Executive Management Changes
CNW Group - Fri Sep 20, 8:00AM CDT
Leon's Furniture Limited announces the resignation of Vi Konkle as President of The Brick Ltd., effective September 27, 2013. Ms. Konkle has served as President of the Brick since 2012. Leon's wishes to thank Vi for her contribution to The Brick and Leon's during her tenure. We wish her well in her future endeavours.
Leon's Furniture Limited - 2013 Second Quarter
CNW Group - Tue Aug 13, 12:51PM CDT
The Board is pleased to announce the 2013 second quarter results of Leon's Furniture Limited, which represents our first full quarter with The Brick Limited under the ownership of our Company. For the three months ended June 30, 2013, total system wide sales were $573,381,000 which includes $480,559,000 of corporate sales and $92,822,000 of franchise sales ($207,722,000 including $162,095,000 of corporate sales and $45,627,000 of franchise sales in 2012). Same store sales were basically flat compared to the prior year second quarter. Net income was $14,445,000, $0.20 per common share ($9,004,000, $0.13 per common share in 2012), an increase of 53.8% per common share. The sales and income increase in the quarter compared to the prior quarter were mainly a result of the inclusion of the operating results of The Brick Limited.
The Brick Ltd. announces changes to its continuous disclosure filings and delists its 12% Debentures from TSX
CNW Group - Wed Jul 10, 11:12AM CDT
Leon's Furniture Limited ("Leon's"
(TSX:LNF) and The Brick Ltd. (the "Brick" (TSX:BRK.DB) announce the following changes affecting the holders of the Brick's 12% Senior Secured Debentures due May 30, 2014 (CUSIP No. 107879AA6) (the "Debentures".
Leon's and The Brick Respond to Competition Bureau Claim
CNW Group - Tue Jul 09, 3:27PM CDT
Leon's Furniture Limited and The Brick Ltd. have been named as defendants in a lawsuit filed by the Commissioner of Competition in the Ontario Superior Court. The lawsuit makes claims regarding the advertising of certain deferred payment programs offered by Leon's and The Brick.
Leon's Furniture Limited - 2013 First Quarter
CNW Group - Tue May 14, 11:17AM CDT
For the three months ended March 31, 2013, total Leon's sales were $203,555,000 including $41,097,000 of franchise sales and $11,783,000 of The Brick Ltd ("The Brick" sales from the date of acquisition, being March 28, 2013, to March 31, 2013, ($200,651,000 including $43,220,000 of franchise sales in 2012), an increase of 1.45%. Same store sales were down 5.8% from the prior year first quarter. Net income was $5,424,000, $0.08 per common share ($8,599,000, $0.12 per common share in 2012). The profit decrease in the quarter compared to the prior quarter was mainly due to lower same store sales, additional costs related to two new stores that were opened in the first quarter of 2013 and one time acquisition costs related to the purchase of The Brick.
Leon's and The Brick announce expiry and results of offer to purchase 12% debentures
CNW Group - Wed Apr 10, 11:17AM CDT
Leon's Furniture Limited (TSX: LNF) (Leon's) and The Brick Ltd. (TSX: BRK.DB) ("The Brick" are pleased to announce that The Brick will complete on April 11, 2013 its previously announced offer to purchase for cash any and all of its outstanding 12% Senior Secured Debentures due May 30, 2014 (CUSIP No. 107879AA6) (the "Debentures" on the terms and conditions set out in the offer to purchase of The Brick dated March 11, 2013.
Leon's and The Brick announce completion of plan of arrangement
CNW Group - Thu Mar 28, 9:54AM CDT
Leon's Furniture Limited (TSX: LNF) and The Brick Ltd. (TSX: BRK) are pleased to announce today the completion of the previously announced plan of arrangement pursuant to which Leon's acquired all of the outstanding common shares of The Brick (the "Shares" for $5.40 per Share and all of the outstanding common share purchase warrants of The Brick (the "Warrants" were purchased for cancellation for $4.40 per Warrant (the "Arrangement".
Leon's and The Brick announce receipt of competition act approval and set closing date for arrangement; The Brick announces details of offer to purchase 12% debentures
CNW Group - Mon Mar 11, 8:32PM CDT
Leon's Furniture Limited (TSX: LNF) and The Brick Ltd. (TSX: BRK) are pleased to announce that the Commissioner of Competition has issued a "No-action" letter in connection with the previously announced plan of arrangement pursuant to which Leon's will acquire all of the outstanding common shares of The Brick and all of the outstanding common share purchase warrants of The Brick will be purchased for cancellation. Leon's and The Brick also announce that, subject to the satisfaction or waiver of the remaining conditions to closing outlined in the arrangement agreement dated November 11, 2012 between Leon's and The Brick, they have agreed to close the arrangement on March 28, 2013.
The Brick Showcases Canadian Made Furniture
CNW Group - Wed Mar 26, 7:00AM CDT
Sales of Canadian made furniture to support Canadian Veterans and Families.
Leon's Furniture Limited - 2013 Fourth Quarter
CNW Group - Thu Feb 27, 1:06PM CST
Leon's Furniture Limited is pleased to announce its results for the full year 2013 and the fourth quarter 2013 including the results of The Brick Limited from March 28, 2013. For the year ended December 31, 2013, total system wide sales were $2,039,428,000 including $344,785,000 franchise sales ($880,240,000 including $198,077,000 franchise sales in 2012). Same store sales were down 1.6% from the prior year. Net income was $67,183,000, $0.95 per common share ($46,782,000, $0.67 per common share in 2012), an increase of 41.8% per share.
Aldera Touts Its 2013 Accomplishments
Close-Up Media - Thu Feb 20, 11:37PM CST
Aldera (formerly Healthation), a provider of cloud-based and on-premise core administration and private portal solutions for payers and administrators, recently offered a report of its 2013 accomplishments.
Leon's Furniture Limited - 2013 Third Quarter
CNW Group - Thu Nov 14, 12:20PM CST
The Board is pleased to announce the 2013 third quarter results of Leon's Furniture Limited, which represents our second full quarter with The Brick Limited under the ownership of our Company. For the three months ended September 30, 2013, total Leon's system wide sales were $628,619,000 including $100,017,000 of franchise sales ($223,680,000 including $49,505,000 franchise sales in 2012). Same store sales were down 1% compared to the prior year third quarter assuming The Brick stores were included. Net income was $21,283,000, 30¢ per common share ($13,058,000, 19¢ per common share in 2012), an increase of 58% per common share. The sales and income increase in the quarter compared to the prior quarter were mainly a result of the inclusion of the operating results of The Brick Limited.
Leon's Furniture Limited Executive Management Changes
CNW Group - Fri Sep 20, 8:00AM CDT
Leon's Furniture Limited announces the resignation of Vi Konkle as President of The Brick Ltd., effective September 27, 2013. Ms. Konkle has served as President of the Brick since 2012. Leon's wishes to thank Vi for her contribution to The Brick and Leon's during her tenure. We wish her well in her future endeavours.
Leon's Furniture Limited - 2013 Second Quarter
CNW Group - Tue Aug 13, 12:51PM CDT
The Board is pleased to announce the 2013 second quarter results of Leon's Furniture Limited, which represents our first full quarter with The Brick Limited under the ownership of our Company. For the three months ended June 30, 2013, total system wide sales were $573,381,000 which includes $480,559,000 of corporate sales and $92,822,000 of franchise sales ($207,722,000 including $162,095,000 of corporate sales and $45,627,000 of franchise sales in 2012). Same store sales were basically flat compared to the prior year second quarter. Net income was $14,445,000, $0.20 per common share ($9,004,000, $0.13 per common share in 2012), an increase of 53.8% per common share. The sales and income increase in the quarter compared to the prior quarter were mainly a result of the inclusion of the operating results of The Brick Limited.
The Brick Ltd. announces changes to its continuous disclosure filings and delists its 12% Debentures from TSX
CNW Group - Wed Jul 10, 11:12AM CDT
Leon's Furniture Limited ("Leon's"
(TSX:LNF) and The Brick Ltd. (the "Brick" (TSX:BRK.DB) announce the following changes affecting the holders of the Brick's 12% Senior Secured Debentures due May 30, 2014 (CUSIP No. 107879AA6) (the "Debentures". Leon's and The Brick Respond to Competition Bureau Claim
CNW Group - Tue Jul 09, 3:27PM CDT
Leon's Furniture Limited and The Brick Ltd. have been named as defendants in a lawsuit filed by the Commissioner of Competition in the Ontario Superior Court. The lawsuit makes claims regarding the advertising of certain deferred payment programs offered by Leon's and The Brick.
Leon's Furniture Limited - 2013 First Quarter
CNW Group - Tue May 14, 11:17AM CDT
For the three months ended March 31, 2013, total Leon's sales were $203,555,000 including $41,097,000 of franchise sales and $11,783,000 of The Brick Ltd ("The Brick"
sales from the date of acquisition, being March 28, 2013, to March 31, 2013, ($200,651,000 including $43,220,000 of franchise sales in 2012), an increase of 1.45%. Same store sales were down 5.8% from the prior year first quarter. Net income was $5,424,000, $0.08 per common share ($8,599,000, $0.12 per common share in 2012). The profit decrease in the quarter compared to the prior quarter was mainly due to lower same store sales, additional costs related to two new stores that were opened in the first quarter of 2013 and one time acquisition costs related to the purchase of The Brick. Leon's and The Brick announce expiry and results of offer to purchase 12% debentures
CNW Group - Wed Apr 10, 11:17AM CDT
Leon's Furniture Limited (TSX: LNF) (Leon's) and The Brick Ltd. (TSX: BRK.DB) ("The Brick"
are pleased to announce that The Brick will complete on April 11, 2013 its previously announced offer to purchase for cash any and all of its outstanding 12% Senior Secured Debentures due May 30, 2014 (CUSIP No. 107879AA6) (the "Debentures" on the terms and conditions set out in the offer to purchase of The Brick dated March 11, 2013. Leon's and The Brick announce completion of plan of arrangement
CNW Group - Thu Mar 28, 9:54AM CDT
Leon's Furniture Limited (TSX: LNF) and The Brick Ltd. (TSX: BRK) are pleased to announce today the completion of the previously announced plan of arrangement pursuant to which Leon's acquired all of the outstanding common shares of The Brick (the "Shares"
for $5.40 per Share and all of the outstanding common share purchase warrants of The Brick (the "Warrants" were purchased for cancellation for $4.40 per Warrant (the "Arrangement". Leon's and The Brick announce receipt of competition act approval and set closing date for arrangement; The Brick announces details of offer to purchase 12% debentures
CNW Group - Mon Mar 11, 8:32PM CDT
Leon's Furniture Limited (TSX: LNF) and The Brick Ltd. (TSX: BRK) are pleased to announce that the Commissioner of Competition has issued a "No-action" letter in connection with the previously announced plan of arrangement pursuant to which Leon's will acquire all of the outstanding common shares of The Brick and all of the outstanding common share purchase warrants of The Brick will be purchased for cancellation. Leon's and The Brick also announce that, subject to the satisfaction or waiver of the remaining conditions to closing outlined in the arrangement agreement dated November 11, 2012 between Leon's and The Brick, they have agreed to close the arrangement on March 28, 2013.
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