Tandy Leather Factory Reports 2nd Quarter Financial Results
Tandy Leather Factory, Inc. - common stock (TLF)
US:NASDAQ Investor Relations:
ir.tandyleather.com
Company Research
Source: GlobeNewswire
FORT WORTH, Texas, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ: TLF) today reported financial results for the second quarter of 2018. A conference call will be conducted by senior management at 10:00 am Eastern Time on August 3, 2018. Dial-in details have been provided previously and are included below for reference. Q2’18 net sales decreased 0.5% to $19.2 million, compared to prior year’s $19.3 million. North America reported SSS decline of 1.8% while International reported SSS improvement of 5.6%. New stores added $0.3 million of sales. Q2’18 gross profit margin improved to 68.4% compared to prior year’s 66.9%.Q2’18 operating income was approximately $1,981,000, a 19.7% improvement over prior year. YTD’18 net sales increased 0.1% to $39.5 million, compared to prior year’s $39.4 million. North America reported SSS decline of 1.5% and International reported SSS improvement of 5.7%. New stores added $0.6 million of sales.YTD’18 gross profit margin improved
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TLF
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/19/24 - Form 8-K
- TLF's page on the SEC website