Good writeup and interesting idea. Another point in favour is that there's a huge demographic tailwind in Canada and household formation should be above trend for a while which should provide an opportunity to expand store footprint.
Great report mate. The level of depth you have gone to is very impressive.
They sure have been busy with acquisitions. Are you concerned at all around the growth via acquisition or comfortable with managements ability to allocate capital?
It’s interesting to see an industry that hasn’t been completely taken over by e-commerce and the power of their bricks and mortar stores. It makes sense given the product!
Good writeup and interesting idea. Another point in favour is that there's a huge demographic tailwind in Canada and household formation should be above trend for a while which should provide an opportunity to expand store footprint.
Great write up.
Interesting write up.
I see that Leon's is creating a REIT.
Great report mate. The level of depth you have gone to is very impressive.
They sure have been busy with acquisitions. Are you concerned at all around the growth via acquisition or comfortable with managements ability to allocate capital?
It’s interesting to see an industry that hasn’t been completely taken over by e-commerce and the power of their bricks and mortar stores. It makes sense given the product!