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Tandy Leather Factory Inc  (TLF)
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Price: $4.6500 $0.00 -0.107%
Day's High: $4.6797 Week Perf: 5.44 %
Day's Low: $ 4.63 30 Day Perf: 5.68 %
Volume (M): 5 52 Wk High: $ 4.98
Volume (M$): $ 21 52 Wk Avg: $4.34
Open: $4.63 52 Wk Low: $3.75



 Market Capitalization (Millions $) 39
 Shares Outstanding (Millions) 8
 Employees -
 Revenues (TTM) (Millions $) 76
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) 4
 Capital Exp. (TTM) (Millions $) 1

Tandy Leather Factory Inc
We are a retailer and wholesale distributor of a broad line of leather and related products, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. We also manufacture leather lacing and some of our do-it-yourself kits. We maintain our principal offices at 1900 Southeast Loop 820, Fort Worth, Texas 76140. Our common stock trades on the NASDAQ Global Market under the symbol "TLF."

Our company was founded in 1980 as Midas Leathercraft Tool Company, a Texas corporation. Midas original business activity focused on the distribution of leathercraft tools. In addition, the founders of Midas entered into a consulting agreement with Brown Group, Inc., a major footwear retailer, as a result of their proposal to develop a multi-location chain of wholesale stores known as "The Leather Factory." In 1985, Midas purchased the assets related to The Leather Factory stores from Brown Group, Inc., which then consisted of six wholesale stores.

In 1993, we changed our name to The Leather Factory, Inc. We reincorporated in the state of Delaware in 1994. In 2005, we changed our name to Tandy Leather Factory, Inc.


We have expanded our wholesale store chain by opening new stores and by making numerous acquisitions of small businesses in strategic geographic locations. In 1996, we expanded into Canada by acquiring our Canadian distributor, The Leather Factory of Canada, Ltd.

Our retail operations began in 2000, when we acquired the operating assets of two subsidiaries of Tandycrafts, Inc. to form Tandy Leather Company. In 2002, we opened our first retail store under the "Tandy Leather" name. Since 2002, we have acquired or opened 85 retail locations and closed three retail stores, for a net of 82 retail stores.

In 2008, we began expanding outside of North America by opening one combination wholesale and retail store in Northampton, United Kingdom. By 2009, we operated 30 wholesale stores, 75 retail stores, and one international combination wholesale and retail store. Since 2009, we have closed two wholesale stores, opened nine new retail stores, closed two retail stores, and opened two new international combination wholesale and retail stores.

At December 31, 2015, we operated 28 stores located in North America operating under the Leather Factory name and 82 stores located in North America operating under the Tandy Leather name, and four combination wholesale and retail stores operating under the Tandy Leather Factory name in the United Kingdom, Australia and Spain.

Our business concept focuses on the wholesale distribution of leather and related accessories to retailers, manufacturers, and end users. Our strategy is that a customer can purchase the leather, related accessories and supplies necessary to complete his project from a single source. The size and layout of the stores are planned to allow large quantities of product to be displayed in an easily accessible and visually appealing manner. Leather is displayed by the pallet where the customer can see and touch it, assessing first-hand the numerous sizes, styles, and grades offered. The location of the stores is selected based on the location of customers, so that delivery time to customers is minimized. A two-day maximum delivery time for phone, Internet and mail orders is our goal.

We service our customers primarily through the operation of three segments. We identify those segments based on management responsibility, customer focus, and store location. The Wholesale Leathercraft segment consists of 28 wholesale stores of which 25 are located in the United States and three are located in Canada. As of March 1, 2016, the Retail Leathercraft segment consists of 83 Tandy Leather retail stores, of which 76 are located in the United States and seven are located in Canada. Both of these segments sell leather and leathercraft-related products. The International Leathercraft segment consists of all stores, wholesale or retail, located outside of North America.

Our products are generally organized into 12 categories. We carry a wide assortment of products including leather, lace, hand tools, kits, and craft supplies. We operate a light manufacturing facility in Fort Worth, Texas whose processes generally involve cutting leather into various shapes and patterns using metal dies. The factory produces approximately 20% of our products and also assembles and repackages products as needed. Products manufactured in our factory are distributed through our stores under the TejasTM brand name. We also distribute product under the Tandy LeatherTM, Eco-FloTM, CraftoolTM, and Dr. JacksonsTM brands. We develop new products through the ideas and referrals of customers and store personnel as well as the analysis of fads and trends of interest in the market.

Our wholesale stores serve customers through various means including walk-in traffic, phone, Internet and mail order. We also employ a distinctive marketing tactic in that we maintain an internally-developed target customer mailing list for use in our aggressive direct mail advertising campaigns. We staff our stores with experienced managers whose compensation is tied to the operating profit of the store they manage. Sales are generated by the selling efforts of the store personnel, our direct mail advertising, our website (www.tandyleather.com), and our participation at trade shows.

We offer an unconditional satisfaction guarantee to our customers. Simply stated, we will accept product returns for any reason. We believe this liberal policy promotes customer loyalty. We offer credit terms to our non-retail customers upon receipt of a credit application and approval by our credit manager. Generally, our open accounts are net 30 days.

Our products are generally organized into 12 categories. We carry a wide assortment of products including leather, lace, hand tools, kits, and craft supplies. We operate a light manufacturing facility in Fort Worth, Texas whose processes generally involve cutting leather into various shapes and patterns using metal dies. The factory produces approximately 20% of our products and also assembles and repackages products as needed. Products manufactured in our factory are distributed through our stores under the TejasTM brand name. We also distribute product under the Tandy LeatherTM, Eco-FloTM, CraftoolTM, and Dr. JacksonsTM brands. We develop new products through the ideas and referrals of customers and store personnel as well as the analysis of fads and trends of interest in the market.

Our products are generally organized into 12 categories. We carry a wide assortment of products including leather, hand tools, kits, dyes, and finishes and stamping tools.



   Company Address: 1900 Southeast Loop 820 Fort Worth 76140 TX
   Company Phone Number: 872-3200   Stock Exchange / Ticker: NASDAQ TLF
   TLF is expected to report next financial results on March 30, 2024.


Customers Net Income fell by TLF's Customers Net Profit Margin fell to

-0.28 %

7.54 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
FOSL        13.92% 
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Tandy Leather Factory Inc

Tandy Leather Factory Inc Shows Strong Financial Performance Despite Revenue Dip

In exciting news for investors, Tandy Leather Factory Inc has reported a significant increase in its earnings per share and net profit per share, even though its revenue experienced a slight decline in the financial period ending December 31, 2023. This positive development shows the company's ability to drive profitability even in the face of challenges.
Despite a decrease of 1.896% in revenue to $21.94 million year on year, Tandy Leather Factory Inc managed to boost its net profit per share by a staggering 326.23% to $0.23 per share. This demonstrates the company's strong financial performance and ability to optimize its operations. Comparing these numbers to the previous reporting period, it is clear that Tandy Leather Factory Inc has made significant strides, with EPS improving substantially from $0.08 per share and revenue increasing by an impressive 29.555% to $16.94 million.

Tandy Leather Factory Inc

Tandy Leather Factory Inc. Faces Downturn as Earnings Plunge Amid Soft Revenue During Latest Fiscal Period

Tandy Leather Factory Inc., a well-known leather goods retailer, recently announced its financial results for the most recent fiscal period, which showed a decline in both revenue and earnings. The company reported a decrease of -11.11% in earnings, with income falling to $0.08 per share. Similarly, the revenue dropped by -11.119% compared to the previous year.
In specific numbers, the revenue for the period was $16.94 million, a significant decline from $19.06 million in the same period a year ago. However, it is worth noting that in the preceding three months, the company's earnings grew by 33.33% to $0.06 per share, and revenue increased slightly by 0.1% to $16.92 million.

Tandy Leather Factory Inc

Tandy Leather Factory Inc Overcomes Revenue Decline and Posts Positive Stock Performance Despite Challenging Business Environment in Q2 2023

Tandy Leather Factory Inc, a company in the Apparel, Footwear & Accessories industry, has recently experienced some positive changes in its stock performance. Over the past 5 trading days, the company's shares have improved by 1.81%. While this is a positive sign in the short term, the year to date performance still shows a decline of -5.93%.
Despite a decrease in revenue, Tandy Leather Factory Inc managed to turn its income from a deficit to a positive value in the most recent fiscal period. Earnings per share increased from $-0.07 to $0.06. However, revenue fell by -8.088% to $16.92 million from $18.41 million compared to the same quarter in the previous year.

Tandy Leather Factory Inc

Tandy Leather Factory Inc Surpasses Revenue Slump with Impressive Profit Growth and Margin Expansion in Q1 2023

Tandy Leather Factory Inc reported a solid earnings per share figure in the financial first quarter of 2023, despite a modest reduction in revenue. The company's EPS remained at $0.08, indicating stable financial performance. However, revenue sunk by -0.683 % to $20.36 million year on year, which is likely attributed to market fluctuations and economic uncertainties.
Despite the revenue loss, Tandy Leather Factory Inc recorded a bottom-line of $0.664 million in the financial first quarter of 2023, an increase of 2.95% compared to the same quarter last year. This impressive performance is considered a significant positive for investors who already own shares in the company.
Tandy Leather Factory Inc also emphasized an improvement in its profit margins, with net margin rising to 3.26% in the financial first quarter of 2023, and operating margin edging up to 4.82%. This indicates a sharp increase from the previous quarter's $0.05 per share EPS.
Despite the reduction in revenue, Tandy Leather Factory Inc's operating earnings saw a significant rise of 18.34% to $0.981 million. This news will likely reassure investors and is good for the overall health of the companyTandy Leather Factory Inc is expected to announce its next financial numbers on November 13, 2023. With recent performance improvements and expected improvements in the future, potential investors may want to keep a close watch on the company's stock prices and future performance. Overall, this is a solid report for Tandy Leather Factory Inc and investors should remain optimistic about the company's future prospects.






 

Tandy Leather Factory Inc's Segments
 
 
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Tandy Leather Factory Inc does not provide revenue guidance.

Earnings Outlook
Tandy Leather Factory Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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