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Sleep Country shares surge as sales withstand lockdown measures

Sleep Country shares surge as sales withstand lockdown measures VIDEO SIGN OUT Shares of Sleep Country Canada Holdings Inc. surged in early trading Wednesday, after the company exceeded market expectations with what it called “record breaking” fourth-quarter results. The company reported $0.74 in adjusted earnings per share, compared to the $0.53 expected by analysts surveyed by Bloomberg. Net income was $26.6 million, and was 89.4 per cent greater, year-over-year. On a conference call led by Sleep Country Chief Executive Officer Dave Friesema on Wednesday, executives said the company continues to benefit from Canadians spending more money on their home living environments during the pandemic, and are putting greater emphasis on the health benefits of a good night’s sleep. The company also said it is winning market share from competitors.

Sleep Country Canada Declares Fourth Quarter 2020 Dividend

9, 2021 /CNW/ - Sleep Country Canada Holdings Inc. ("Sleep Country" or the "Company") (TSX: ZZZ), the leading omnichannel mattress and bedding retailer in Canada, declares its fourth quarter 2020 common share dividend.

Canada s Flexiti, a buy-now-pay-later subprime lender, sold for $155-million to U S buyer

Canada s Flexiti, a buy-now-pay-later subprime lender, sold for $155-million to U S buyer
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CURO To Acquire Flexiti, A Leading Canadian POS/BNPL Lender, For $121 Million

Press release content from Business Wire. The AP news staff was not involved in its creation. CURO To Acquire Flexiti, A Leading Canadian POS/BNPL Lender, For $121 Million February 1, 2021 GMT WICHITA, Kan. (BUSINESS WIRE) Feb 1, 2021 CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a market leader in providing credit to non-prime consumers, today announced it has entered into an agreement to acquire Flexiti Financial Inc. (“Flexiti”), an emerging growth Canadian POS/BNPL provider. Under the terms of the agreement, CURO will acquire Flexiti for cash at closing of $85 million. The transaction also includes contingent consideration of up to $36 million based on the achievement of risk-adjusted revenue and origination targets over the next two years.

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