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Terry Leon, president and CEO of Leon's Furniture at his flaship Toronto store after announcing the purchase of Brick Ltd. Nov. 12, 2012. (J.P. MOCZULSKI/J.P. MOCZULSKI)
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Suddenly, Leon’s glass is half empty
TIM KILADZE
— The Globe and Mail
Published
Last updated
Terry Leon smiled for the cameras and expressed enthusiasm at the press conference for his $700-million acquisition of The Brick Ltd. on Monday. But a hint of his real feelings came out in the company’s quarterly earnings released the very next day.
One line sums them up: “The slowdown in the economy continues to affect our results and we do not see any immediate signs of improvement.”
