Leon's Furniture managed to off set the effects of recession and posted a growth of 7.4 per cent in fourth-quarter profits and higher overall sales.
On Thursday, the company announced income of $23.2 million during the last three months of 2008, an escalation from $21.6 million in the same period last year.
Profits were worth 33 cents per basic share, up from 31 cents a share in the same time frame.
The revenues also showed a growth, up to $269.9 million from $185.9 million, partially on the acquisition of Appliance Canada in January 2008.