TLF

Shares of Tandy Leather Factory, Inc. TLF have gained 7.4% since the company reported its earnings for the quarter ended June 30, 2026, outperforming the S&P 500 Index’s -0.4% decline over the same period. Over the past month, Tandy Leather shares have advanced 7% compared with the S&P 500’s 3.5% jump. Tandy Leather reported second-quarter 2026 net income of 5 cents per share against a net loss of 2 cents per share a year earlier. Net sales of $18 million denoted a 1.5% rise from $17.8 million in the year-ago quarter. The company posted net income of $0.4 million against a net loss of $0.2 million a year earlier. Gross profit increased 10.6% to $11.7 million from $10.6 million, while income from operations jumped to $0.5 million from $0.07 million. Operating expenses rose 6.1% to $11.2 million from $10.5 million. Tandy Leather Factory, Inc. price-consensus-eps-surprise-chart | Tandy Leather Factory, Inc. Quote Gross margin expanded to 64.8% from 59.5%, an improvement of 530 basis points. Geographically, U.S. sales were $16.1 million versus $15.8 million a year earlier, while Canadian sales increased to $1.74 million from $1.72 million. Sales from other markets declined to $0.21 million from $0.22 million. Tandy operated 101 retail stores as of June 30, including 92 in the United States, eight in Canada and one in Spain. One Canadian location was temporarily closed for relocation. Liquidity weakened during the first half. Cash and cash equivalents stood at $6.4 million as of June 30, 2026, down from $16.1 million as of Dec. 31, 2025. Total assets stood at $81.6 million as of June 30, 2026, down from $86.6 million as of Dec. 31, 2025. Stockholders’ equity declined to $47 million from $52.6 million at the end of 2025. Cash used in operating activities improved to $2.4 million for the first six months of 2026 from $4.1 million a year earlier. Management attributed the quarterly sales increase mainly to sales campaigns and improved allocation of the appropriate product mix in stores during promotional periods. Tandy Leather also cited improvement in nontraditional sales, including classes and other community engagements. Management said its near-term focus remains on controlling operating expenses and gross margin to generate operating income and free operating cash despite possible continued economic headwinds. It plans to selectively invest in profitable sales growth while prioritizing the rebuilding of a durable and profitable business model. The gross-margin improvement was primarily driven by pricing changes, partly offset by marginal discounts. Management noted that overhead-allocation estimates and the timing of inventory receipts can also temporarily affect quarterly margins. The rise in operating expenses reflected increases in selling expenses, retail bonuses, software costs, legal and audit fees, depreciation and losses on disposed assets, partly offset by a reduction in utilities and repairs. The effective tax rate was 34.2% compared with negative 10.8% a year earlier. The company expects its temporarily closed Canadian store to reopen in the fourth quarter of 2026. Management also highlighted risks from changing U.S. tariffs, particularly on products sourced from China and Brazil, which could increase product costs and potentially require higher customer prices. During June, Tandy Leather's board adopted a new director compensation policy providing for immediate vesting of annual restricted stock unit grants. Consequently, 24,140 RSUs granted to board members on June 9 vested immediately, while previously granted unvested director RSUs were also accelerated and vested that day. The prior vesting period had been four years, and Tandy recorded the related expense in the second quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tandy Leather Factory, Inc. (TLF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

BENBROOK, Texas, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter of 2026. Highlights from second quarter 2026: Revenues were $18.0 million, up 1.5% from 2025 Generated operating income of $0.5 million up 722.9% from 2025 Net income of $0.4 million versus net loss of ($0.2) million in 2025 Gross margins of 64.8%, up from 59.5% in 2025 EBITDA from operations of $0.9 million Ended quarter with $6.4 million of cash and cash equivalents Tandy Leather Factory’s second quarter sales were $18.0 million in 2026, up from $17.8 million in 2025. Second quarter 2026 gross profit was $11.7 million, up from $10.6 million in 2025. As of June 30, 2026, the Company held $6.4 million of cash and cash equivalents, down from $16.1 million as of December 31, 2025. This decrease reflects $6.0 million in dividends paid to shareholders in Q1 2026 and approximately $4.0 million related to an increase in inventory purchases to support sales, investment in a new POS system, and some capital investments in our new store we opened in Waco, Texas during the second quarter of 2026 and other existing stores. The Company had basic and diluted net income in the quarter of $0.05 per share, versus $0.02 basic and diluted net loss per share in the prior year. Johan Hedberg, Chief Executive Officer of the Company, said, “We are happy to have delivered another growth quarter with sales gains across both retail and e-commerce channels and a considerable improvement in operating income versus the prior year. Gross margin also increased, primarily due to better pricing of our products. Operating expenses increased year-over-year, reflecting higher compensation, investments in a new POS system, launching a new Loyalty program to further improve the customer experience, and occupancy costs including rent for our headquarters and flagship store in Fort Worth. Nonetheless, our sales increases and margin growth more than offset those expenses, driving a strong improvement in profit from operations.” Investors are encouraged to send their questions to the Company’s investor relations hotline at [email protected]. Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Benbrook, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 stores located in 40 US states and six Canadian provinces, including one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory's email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.  Contact: Johan Hedberg, Tandy Leather Factory, Inc., (817) 872-3200 or [email protected] This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Shares of Tandy Leather Factory, Inc. TLF have declined 3.3% since the company reported results for the quarter ended March 31, 2026 compared with the S&P 500 Index’s essentially flat 0.01% change over the same period. Over the past month, the stock has fallen 2.1%, underperforming the broader market’s 4.9% gain. Tandy Leather reported first-quarter 2026 net income of 3 cents per share, which declined sharply from $1.35 per diluted share in the year-ago quarter. Revenues of $19.7 million represented a 3.2% rise from $19 million in the prior-year quarter. Operating income improved to $0.4 million from $0.3 million a year earlier, while gross profit increased to $12 million from $10.7 million. Net income, however, declined sharply to $0.2 million from $11.6 million in the year-ago quarter, which benefited from the sale of the company’s headquarters facility. Tandy Leather Factory, Inc. price-consensus-eps-surprise-chart | Tandy Leather Factory, Inc. Quote The specialty leather retailer posted a notable improvement in gross margin during the quarter. Gross margin rose to 61% from 56.3% in the prior-year period, reflecting the company’s pricing actions. The stronger margins helped offset higher operating expenses and contributed to the increase in operating income. Operating expenses climbed 11.2% year over year to $11.6 million. Management attributed the increase primarily to higher compensation costs, investments in operations and technology and occupancy-related expenses. The occupancy increase included higher rent expenses associated with leasing the company’s headquarters facility and its Fort Worth flagship store following the headquarters sale completed in 2025. EBITDA from operations totaled approximately $0.7 million during the quarter. The company’s EBITDA calculation included depreciation and amortization expense of $0.3 million, stock-based compensation of $0.1 million and income tax provision of $0.2 million, partially offset by interest income. Tandy Leather ended the quarter with $10.1 million in cash and cash equivalents, down from $16.1 million a year earlier. The decline reflected several uses of cash during the period, including the payment of a special dividend totaling approximately $6.1 million, continuing income tax payments tied to the 2025 headquarters sale and expenses related to relocating the corporate headquarters during the third quarter of 2025. Inventory levels edged higher to $33.7 million as of March 31, 2026 compared with $33.2 million at the end of 2025. CEO Johan Hedberg emphasized the company’s ability to deliver another quarter of sales and operating income growth while also returning capital to shareholders through a substantial dividend payment of 75 cents per share. According to Hedberg, pricing changes were the primary driver behind the company’s higher gross margins. Management also acknowledged the pressure from rising expenses but noted that stronger sales and margin expansion more than offset the higher cost base. Investments in technology and operations were cited as part of the company’s broader operational initiatives. The company continued to manage the financial effects of its 2025 headquarters sale during the quarter. While the prior-year period benefited significantly from the transaction, the first quarter of 2026 reflected ongoing tax payments and relocation-related expenses associated with the move. Tandy Leather also continued leasing its former headquarters facility and Fort Worth flagship store, contributing to higher occupancy costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tandy Leather Factory, Inc. (TLF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

BENBROOK, Texas, May 11, 2026 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the first fiscal quarter of 2026. Highlights from first quarter 2026: Revenues were $19.7 million, up 3.2% from 2025 Generated operating income of $0.4 million versus $0.3 million in 2025 Net income of $0.2 million versus $11.6 million in 2025 (from sale of headquarters) Gross margins of 61.0%, up from 56.3% in 2025 Operating expenses $11.6 million, up 11.2% from 2025 EBITDA from operations of 0.7 million Ended quarter with $10.1 million of cash and cash equivalents Tandy Leather Factory’s first quarter sales were $19.7 million in 2026, up from $19.0 million in 2025. First quarter 2026 gross profit was $12.0 million, up from $10.7 million in 2025. As of March 31, 2026, the Company held $10.1 million of cash and cash equivalents, down from $16.1 million a year earlier; this decrease reflects the payment of a special dividend to stockholders in the first quarter of approximately $6.1 million, ongoing payment of income taxes related to the Company’s sale of its headquarters facilities in 2025, and other expenses relating to the Company moving its headquarters in the third quarter of 2025. The Company held inventory of $33.7 million, up from $33.2 million as of December 31, 2025. The Company had basic and diluted net income in the quarter of $0.03 per share, versus $1.36 basic and $1.35 diluted net income per share in the prior year, when the Company completed its headquarters sale. Johan Hedberg, Chief Executive Officer of the Company, said, “We are happy to have delivered another growth quarter with increases in sales and operating income from the year-ago quarter and with our ability to pay another substantial dividend ($0.75 per share) to our stockholders.  We were also able to increase our gross margins, primarily driven by pricing changes.  Although our operating expenses rose from a year ago, driven by compensation, investments in Operations and technology and occupancy costs (including increased rent for now renting our headquarters facility and Fort Worth flagship store), our increased sales and margins were able to offset that and deliver more profit from operations.” Investors are encouraged to send their questions to the Company’s investor relations hotline at [email protected]. Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 100 stores located in 40 US states and six Canadian provinces, including one store located in Spain.  Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory’s email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0. Contact: Johan Hedberg, Tandy Leather Factory, Inc., (817) 872-3200 or [email protected]  This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission.  These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Shares of Tandy Leather Factory, Inc. TLF have declined 22.5% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 index’s 0.6% growth over the same time frame. Over the past month, the stock has declined 17.6% compared with the S&P 500’s 1.2% decrease. For the year ended Dec. 31, 2025, Tandy Leather reported net income of $1.10 per share, up significantly from 9 cents per share in the prior year. Net sales of $76.3 million indicated a 2.6% increase from $74.4 million in 2024. Gross profit rose 4.2% to $43.5 million from $41.8 million a year earlier, lifting gross margin to 57% from 56.2%. Despite the higher sales and improved margins, income from operations slipped to a loss of $1 million compared with operating income of $0.6 million in 2024. Net income, however, surged to $9.1 million from $0.8 million in the prior year. Tandy Leather Factory, Inc. price-consensus-eps-surprise-chart | Tandy Leather Factory, Inc. Quote The company ended 2025 with 101 stores, unchanged from the prior year. Inventory declined to $33.2 million from $35.6 million at the end of 2024, reflecting efforts to manage stock levels more tightly. Cash and cash equivalents increased to $16.1 million from $13.3 million a year earlier. From a cash flow perspective, operations used $0.6 million in 2025 compared with generating $4.5 million in 2024. Management attributed the 2.6% sales increase to more stable consumer demand, improved retail execution, promotional timing and a stronger inventory position. However, the year was also marked by operational disruptions tied to a roughly six-week closure of the distribution center and factory during relocation. Gross margin expansion was driven by pricing strategies aimed at offsetting tariffs and by cost efficiencies in the distribution center, though these gains were partially offset by higher tariffs on sourced products. The swing to an operating loss reflected an 8.1% rise in operating expenses to $44.5 million. Higher corporate and retail rent, bonus accruals tied to performance targets, and increased employment costs contributed to the increase. The substantial jump in net income was primarily due to $13.3 million in other income, including a $16.2 million gain on the disposal of the company’s headquarters. Absent this one-time gain and related items, profitability would have been materially lower. Management said it expects to fund operations through a combination of current cash balances and operating cash flow, and believes existing liquidity will be adequate through 2026. The company renewed its credit facility during the fourth quarter, maintaining access to up to $4 million, with no borrowings outstanding as of year-end. During the year, Tandy completed the sale of its corporate headquarters property, generating net proceeds of approximately $24.9 million. In addition, the board authorized and paid a special one-time cash dividend of $1.50 per share, totaling $12.7 million, in February 2025. The company also repurchased 445,052 shares of common stock for approximately $1.4 million during the year. These capital allocation moves, alongside the asset sale, reshaped the balance sheet and contributed significantly to the year’s net income profile. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tandy Leather Factory, Inc. (TLF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

BENBROOK, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the fourth fiscal quarter and full year 2025. Highlights from 2025: Revenues were $76.3 million, up 2.6% from 2024 Generated operating loss of $1.0 million versus income of $0.6 million in 2024 Net income of $9.1 million versus $0.8 million in 2024 Gross margins of 57.0%, up from 56.2% in 2024 Operating expenses $44.5 million, up 8.1% from 2024 Adjusted EBITDA* (from operations) of $0.6 million Ended year with $16.1 million of cash and cash equivalents Tandy Leather Factory’s fourth quarter sales were $22.2 million in 2025, up from $20.5 million in 2024. Fourth quarter 2025 gross profit was $12.1 million, up from $10.8 million in 2024. As of December 31, 2025, the Company held $16.1 million of cash and cash equivalents, up from $13.3 million a year earlier; this increase reflects the net proceeds from the sale of the Company’s corporate headquarters in January 2025 (the “HQ Sale”), offset by the payment of a special dividend to stockholders in the first quarter of approximately $12.7 million, payment of income taxes related to the HQ Sale, and other expenses relating to the Company moving its headquarters in the third quarter. The Company held inventory of $33.2 million, down from $35.6 million as of December 31, 2024. The Company had a basic and diluted net income of $1.1 per share, versus $0.04 in the prior year. The Company’s full year sales were $76.3 million in 2025, up from $74.4 million in 2024. Operating expenses increased to $44.5 million up from $41.2 million in 2024 and increased as a percentage of sales to 58.3% from 55.4% in 2024. 2025 full year gross profit was $43.5 million, or 57.0%, vs $41.8 million, or 56.2%, in 2024. Net income was $9.1 million in 2025, compared to $0.8 million in 2024. Additional details regarding the Company’s 2025 results can be found in its Annual Report on Form 10-K, filed with the SEC on February 24, 2026. Johan Hedberg, Chief Executive Officer of the Company, said, “We were pleased to return to sales growth for both the fourth quarter and full year 2025. Tandy also achieved solid gross margin growth in Q4 and the full year versus 2024, driven by both dynamic sourcing and strategic price increases. As expected, our operating expenses increased for the quarter and year, driven by the shift to renting our headquarters and distribution center after selling our facilities in the first quarter. Operating expenses also included bonuses paid to our employees for exceeding our planned 2025 sales and income targets; these were expensed entirely in the fourth quarter, as it became clear we would achieve these goals. Had these amounts been expensed across the full year, our fourth quarter operating income would have been positive. “All of this means that as previously announced, we were able to pay this week a special dividend of $0.75 to our stockholders. Now that we have settled into our new offices and distribution center and opened our relocated flagship store in Fort Worth, we feel well-positioned to fully focus on continuing our sales growth and returning to operating profitability in 2026.” Investors are encouraged to send their questions to the Company’s investor relations hotline at [email protected]. * Adjusted EBITDA is a non-GAAP financial measure that the Company believes helps investors to compare its operating performance to that of other companies. The following is a reconciliation of the Company’s net income to Adjusted EBITDA (in millions): Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Benbrook, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 stores located in 40 US states and six Canadian provinces, including one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory’s email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0. Contact: Johan Hedberg, Tandy Leather Factory, Inc., (817) 872-3200 or [email protected] This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

FORT WORTH, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the third fiscal quarter of 2025. Highlights from third quarter 2025: Revenues were $17.3 million, down 0.5% from 2024 Generated operating loss of $0.7 million versus $0.3 million in 2024 Net loss of $1.4 million versus $0.1 million in 2024 Gross margins of 58.9%, up from 57.8% in 2024 Operating expenses $10.8 million, up 5.4% from 2024 Adjusted EBITDA* (from operations) of ($0.4) million Ended quarter with $12.0 million of cash and cash equivalents Tandy Leather Factory’s third quarter sales were $17.3 million in 2025, down from $17.4 million in 2024. Third quarter 2025 gross profit was $10.2 million, up from $10.0 million in 2024. As of September 30, 2025, the Company held $12.0 million of cash and cash equivalents, up from $10.0 million a year earlier; this increase reflects the net proceeds from the sale of the Company’s corporate headquarters in January 2025 (the “HQ Sale”), offset by the payment of a special dividend to stockholders in the first quarter of approximately $12.7 million, payment of income taxes related to the HQ Sale, and other expenses relating to the Company moving its headquarters in the third quarter. The Company held inventory of $35.9 million, up from $35.6 million as of December 31, 2024. The Company had basic and diluted net losses in the quarter of $0.17 per share, versus $0.02 basic and diluted net losses per share in the prior year. Johan Hedberg, Chief Executive Officer of the Company, said, “The move of our headquarters and distribution center during the third quarter was a success, and we’re happy to now have that behind us. Despite experiencing some anticipated disruptions from the move, we were pleased to generate sales that were in line with the prior year, and our year-to-date sales remain ahead of 2024. Third quarter sales from our retail stores were actually ahead of last year’s, as the move more directly impacted shipments of online orders from our distribution center due to a limited on-line assortment during the move. With our operations now running again from our new location, we believe we are well positioned for a solid fourth quarter in both our retail and online channels.” Investors are encouraged to send their questions to the Company’s investor relations hotline at [email protected]. * Adjusted EBITDA is a non-GAAP financial measure that the Company believes helps investors to compare its operating performance to that of other companies. The following is a reconciliation of the Company’s net income to Adjusted EBITDA (in millions): Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 stores located in 40 US states and six Canadian provinces, including one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory’s email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0. Contact: Johan Hedberg, Tandy Leather Factory, Inc., (817) 872-3200 or [email protected] This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.