Earnings ·
Tandy Leather Factory reported second quarter fiscal 2026 results on August 11, 2026
TLFTandy Leather Factory Inc
Tandy Leather Factory reported second quarter fiscal 2026 results on August 11, 2026. Revenues increased 1.5% to $18.0 million from $17.8 million in the prior year period. The company generated operating income of $0.5 million and net income of $0.4 million, compared to a net loss of $0.2 million previously. Gross margins expanded to 64.8% from 59.5%, driven by improved product pricing. Net income per share was $0.05, versus a $0.02 loss in the prior year. Cash and cash equivalents stood at $6.4 million as of June 30, 2026, down from $16.1 million due to Q1 dividend payments, inventory purchases, and capital investments. Tandy Leather Factory operates as a specialty retailer of leather goods, tools, and accessories through its retail stores.