Earnings ·
Tandy Leather Factory reports Q3 net income of $0.5M on $18.5M revenue
TLFTandy Leather Factory Inc
Tandy Leather Factory reported third-quarter fiscal 2026 results with revenues of $18.5 million, a 7.3% increase from the prior year period. The company generated operating income of $0.6 million and net income of $0.5 million, or $0.06 per share, compared to a net loss of $1.4 million in the same quarter last year. Gross margin expanded to 62.4% from 58.9%, driven by operational improvements and growth in both retail and e-commerce channels. Adjusted EBITDA reached $0.9 million. The company ended the quarter with $5.7 million in cash, down from $16.1 million at year-end due to dividend payments and capital investments in new stores. Tandy Leather Factory operates as a specialty retailer of leather goods, tools, and accessories through its network of physical stores and online channels.