Tandy Leather Factory Reports Q4’18 Sales Up 1.0% Over Prior Year 4th Quarter, Announces Three Store Closures and Schedules Earnings Announcement and Conference Call
Tandy Leather Factory, Inc. - common stock (TLF)
US:NASDAQ Investor Relations:
ir.tandyleather.com
Company Research
Source: GlobeNewswire
FORT WORTH, Texas, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ: TLF) reported today sales for the fourth quarter of 2018, announces the planned closure of 3 stores, and schedules the timing of the year-end 2018 earnings release. Total sales for the fourth quarter of 2018 were $24.7 million, up 1.0% over fourth quarter 2017. North America increased 1.8%, while International decreased 18.0%. As part of an ongoing evaluation of its store portfolio, Tandy Leather has made the strategic decision to close three underperforming stores located in Irving, Texas; Fort Wayne, Indiana; and Minto, Australia. The Irving and Fort Wayne locations closed last week, while the Minto store will be closed next month. The Company’s 2018 results will be negatively impacted by transition costs related to its recent change in management, an assessment of aged inventory, exit costs associated with store closures, and impairment charges for underperforming stores. At December 31,
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- Tandy Leather Factory Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Tandy Leather Factory Reports Fourth Quarter and Full Year 2023 ResultsGlobeNewswire
TLF
Sec Filings
- 4/19/24 - Form 8-K
- 3/29/24 - Form 8-K
- 3/22/24 - Form 8-K
- TLF's page on the SEC website