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Leon’s Furniture Ltd.

03:43 PM EST - Leon’s Furniture Ltd. : reported quarterly financial results Friday. For the three months ended June 30, 2011, total Leon's sales were $209,334,000 including $45,477,000 of franchise sales ($214,445,000 including $45,493,000 of franchise sales in 2010), a decrease of 2.4%. Net income was $11,144,000, 16¢ per common share ($12,300,000, 17¢ per common share in 2010), a decrease of 5.9% per common share. Leon’s Furniture Ltd. shares T.LNF are trading up $1.00 at $12.38.