TLF

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 qu...

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 F...

FT WORTH, Texas (AP) — FT WORTH, Texas (AP) — Tandy Leather Factory Inc. (TLF) on Monday reported profit of $222,000 in its first quarter. On a per-share basis, the Ft Worth, Texas-based company said it had net income of 3 cents. The leather goods retailer posted revenue of $19.7 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLF at https://www.zacks.com/ap/TLF

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 materi...

FT WORTH, Texas (AP) — FT WORTH, Texas (AP) — Tandy Leather Factory Inc. (TLF) on Tuesday reported a loss of $930,000 in its fourth quarter. On a per-share basis, the Ft Worth, Texas-based company said it had a loss of 8 cents. The leather goods retailer posted revenue of $22.3 million in the period. For the year, the company reported profit of $9.1 million, or $1.10 per share. Revenue was reported as $76.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLF at https://www.zacks.com/ap/TLF

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, drive...

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...

FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — Tandy Leather Factory Inc. (TLF) on Monday reported a loss of $1.4 million in its third quarter. The Fort Worth, Texas-based company said it had a loss of 17 cents per share. The leather goods retailer posted revenue of $17.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLF at https://www.zacks.com/ap/TLF

FT WORTH, Texas (AP) — FT WORTH, Texas (AP) — Tandy Leather Factory Inc. (TLF) on Monday reported a loss of $199,000 in its second quarter. The Ft Worth, Texas-based company said it had a loss of 2 cents per share. The leather goods retailer posted revenue of $17.8 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLF at https://www.zacks.com/ap/TLF

FORT WORTH, Texas, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter of 2025. Highlights from second quarter 2025: Revenues were $17.8 million, up 2.8% from 2024 Generated operating income of $0.1 million Net loss of $0.2 million versus income of $0.1 million in 2024 Gross margins of 59.5%, up from 58.0% in 2024 Operating expenses $10.5 million, up 5.5% from 2024 Adjusted EBITDA* (from operations) of $0.3 million Ended quarter with $16.4 million of cash and cash equivalents Tandy Leather Factory’s second quarter sales were $17.8 million in 2025, up from $17.3 million in 2024. Second quarter 2025 gross profit was $10.6 million, up from $10.0 million in 2024. As of June 30, 2025, the Company held $16.4 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. The Company held inventory of $36.2 million, up from $35.6 million as of December 31, 2024. The Company had basic and diluted net losses in the quarter of $0.02 per share, versus $0.01 basic and diluted net income per share in the prior year. Johan Hedberg, Chief Executive Officer of the Company, said, “We were pleased to have grown our sales and margin dollars in the second quarter, despite the challenging environment and economic uncertainty. These gains were driven primarily by increased sales productivity in our U.S. retail stores. Our operating expenses increased as expected, driven largely by the shift to leasing our headquarters and distribution center spaces (which we owned during 2024) and other costs related to our now-in-progress move of those facilities in the third quarter; we still expect those costs to lead to operating losses for full year 2025. We hope to continue our sales momentum through the third quarter, while noting that newly-announced tariffs—which did not meaningfully affect our product costs in the second quarter—may impact our sales and profits going forward.” Investors are encouraged to send their questions to the Company’s investor relations hotline at [email protected]. * Adjusted EBITDA is a non-GAAP f...

FORT WORTH, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the first fiscal quarter of 2025. Highlights from first quarter 2025: Revenues were $19.0 million, down 1.2% from 2024 Generated operating income of $0.3 million Net income from operations of $0.3 million, down from $0.7 million in 2024 Gross margins of 56.3%, down from 56.7% in 2024 Operating expenses $10.5 million, up 1.8% from 2024 Adjusted net income of $0.4 million Adjusted EBITDA* (from operations) of $0.6 million Ended quarter with $23.6 million of cash and cash equivalents Tandy Leather Factory’s first quarter sales were $19.0 million in 2025, down from $19.3 million in 2024. First quarter 2025 gross profit was $10.7 million, down from $10.9 million in 2024. As of March 31, 2025, the Company held $23.6 million of cash and cash equivalents, up from $12.3 million a year earlier; this increase reflects the proceeds from the sale of the Company’s corporate headquarters in January 2025 (the “HQ Sale”), offset by cash used in operations in the first quarter of approximately $0.5 million and the payment of a special dividend to stockholders of approximately $12.7 million. The Company held inventory of $34.4 million, down from $35.6 million as of December 31, 2024. The Company had basic net income in the quarter of $1.49 and diluted net income of $1.47 per share, versus $0.06 basic and diluted per share in the prior year; first quarter 2025 includes adjusted net income from operations of $0.05 basic and diluted per share. Johan Hedberg, Chief Executive Officer of the Company, said, “In the first quarter, we completed the sale of our corporate headquarters building, which allowed us to pay our stockholders a substantial dividend of $1.50 per share. As we have announced previously, our move to a new headquarters in Q3 of this year is still expected to lead to significantly increased costs and likely operating losses for full year 2025. Already underway with moving-related efforts, we were pleased to still achieve first quarter sales and operating income that were somewhat ahead of our internal forecasts. We hope to continue that momentum through the second quarter and beyond, while noting that we have not yet felt the full impact of the coming tariffs on the U.S. economy and our products, which are nearly all importe...