TLF
Tandy Leather Factory, Inc.2.6200
+0.0200+0.77%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
21.14MP/E (TTM)
2.17Basic EPS (TTM)
1.21Dividend Yield
0%Recent Filings
10-K
8-K
10-Q
Q3 FY2025 results
Tandy Leather's Q3 sales dipped 0.5% y/y to $17.3M amid warehouse relocation disruptions, yet gross margin expanded 1.1 points to 58.9% on pricing and inventoriable adjustments. Operating loss widened to $0.7M from $0.3M y/y, driven by $0.7M higher occupancy from new HQ rent; net loss hit $1.4M after $1.3M other net expense. YTD sales rose 0.3% to $54.1M with 58.2% margins, but operations lost $0.4M before $16.2M HQ sale gain delivered $10.0M net income and $1.18 diluted EPS (reconciles to 8.5M shares). Cash sits at $12.0M with $4M revolver undrawn; repurchased 431K shares for $1.3M. New rent exceeds $1.5M yearly.
8-K
Q3 revenues dip slightly
Tandy Leather Factory posted Q3 2025 revenues of $17.3 million, down 0.5% from 2024, with gross margins rising to 58.9% yet an operating loss of $0.7 million amid HQ move disruptions. Retail sales beat last year, while online shipments lagged; cash swelled to $12.0 million post-HQ sale. Operations now stabilized. CEO eyes solid Q4.
10-Q
Q2 FY2025 results
Tandy Leather posted Q2 net sales of $17.8M, up 2.8% y/y, with gross margin expanding 1.5 points to 59.5% on inventoriable cost tweaks and pricing. Operations eked out $66K income, flat y/y, as expenses rose 5.5% from new rent and hires; Q2 net loss hit $199K after $419K other net charges. YTD sales grew 0.7% to $36.8M, operations $328K (down 54% y/y), but $17.7M gain from January HQ sale drove $12.5M net income—EPS reconciles at $0.06 on 8.5M diluted shares. Cash climbed to $16.4M post $24.9M proceeds and $12.7M dividend, revolver untapped. HQ sold January 2025 for net $24.9M. Tariffs threaten supply costs from China, Brazil.
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