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  • June 2012 Sales Up 5 Percent For Tandy Leather Factory, Inc. (TLF)

    Tandy Leather Factory is a specialty retailer and wholesale distributor of a broad product line, including leather, leather-working tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The company sells and distributes its product line through its 29 Leather Factory stores, 77 Tandy Leather stores, and three combination retail/wholesale stores in the United Kingdom, Australia, and Spain.

    The company reported today that its sales for the month of June were $5.5 million, up 5 percent compared to June 2011 sales of $5.3 million. Year-to-date sales for Tandy are also solidly higher, rising 10 percent to $35 million from $31.9 million for the first six months of last year. Tandy said it was particularly pleased with the performance of its wholesale stores, which are showing sales gains at the top end of internal expectations.

    The wholesale leathercraft division posted sales of $2 million for June, down 2 percent compared to the year-ago period. However, wholesale same store sales were up 6 percent in June. For the year-to-date, wholesale leathercraft sales are $13.4 million versus $13.2 million in the year ago period while wholesale same store sales are posting a gain of 4 percent.

    Retail leathercraft sales in June rose 9 percent to $3.2 million, compared to sales of $2.9 million in June 2011. Same store sales for June increased by 9 percent versus 2011 levels. Year-to-date sales at the retail leathercraft division are $20.1 million, a 14 percent increase from over sales of $17.6 million for the same period of 2011.

    June international leathercraft sales came in at $242,000, which is higher by 19 percent compared to June 2011 sales of $203,000. For the year-to-date, international leathercraft sales are up 44 percent from last year's $1 million to $1.5 million.

    For further information about Tandy Leather Factory and its products, please visit the company's website at www.tandyleatherfactory.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: TLF
    Jul 05 5:59 PM | Link | Comment!
  • Gevo, Inc. (GEVO) Alcohol-to-Jet Fuel Successfully Fuels USAF Test Flight

    Gevo, a leading renewable chemicals and next-generation biofuels company, announced that, in collaboration with the Air Force Research Laboratories (AFRL), the Air Force Alternative Fuel Certification Division (AFCD), and the 40 Flight-Test Squadron, the company provided fuel for the first ever, successful "alcohol-to-jet" (ATJ) fuel test flight.

    On June 28, at 18:30 hours, an A-10 Thunder Bolt jet aircraft performed a series of flight test maneuvers, throttle bodies, auxiliary power unit (NYSE:APU) starts, and engine assisted starts while using Gevo's 50-50 blend of ATJ fuel and JP-8. The A-10 Thunder Bolt is a single-seat aircraft with two high-bypass GE TF34 turbofan power plants. Engine starting and emergency in flight power generation is taken care of by a Honeywell 36-50 APU.

    "We're extremely proud to have witnessed and contributed to the USAF's first and only ATJ test flight," said Chief Operating Office and President Chris Ryan. "Last week's test flight represented an accumulation of more than 4,000 hours of hard work involving innovative testing, multiple players and years of research on everyone's part. Together, we have proven that ATJ fuel is a technically viable and promising alternative for both military and commercial applications."

    "This is a great accomplishment for the USAF, Gevo and the biofuels industry. We've validated that ATJ from isobutanol is a clean burning, homegrown, drop-in jet fuel. The USAF's flight has taken the industry one step closer to full commercialization. We remain committed to commercialization and believe we have the most economic route to deliver aviation biofuels at scale," Ryan said.

    Gevo was put on contract last year to produce 11,000 gallons of its ATJ fuel for the USAF for testing by the AFCD. The fuel is derived from isobutanol and was designed specifically to be in full compliance with aviation fuel specifications, while delivering equal performance, including fit-for-purpose properties.

    "The AF previously ran a series of engine ground tests, using the 50/50 blend of the ATJ and JP-8," said Jeffrey Braun, Division Chief of AFCD. "Data was then compared with previous results from JP-8 baseline testing. Engine performance parameters monitored during the testing remained unchanged when utilizing the ATJ fuel blend. We were very pleased with the technical performance of the ATJ material."

    For further information, please visit www.gevo.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: GEVO
    Jul 05 1:09 PM | Link | Comment!
  • Rentrak Corp. (RENT) Releases Studio Share Module Within OnDemand Essentials Systems

    Rentrak, the leader in multi-screen media measurement serving the advertising, television, and entertainment industries, recently announced the release of the company's new Studio Share module to the OnDemand Essentials system. The Studio Share module will deliver a transparent view of all competitive video-on-demand (NASDAQ:VOD) information and industry data to motion picture studios participating in the program. This transparency gives studios the ability to view the results of their competitors along with their own results, creating the first transparent VOD information marketplace for theatrical releases.

    Rentrak's industry measurement service is the first to utilize census-based information, increasing transparency on the entire platform. This timely and actionable VOD industry-based information, including title-level performance, total industry performance, and title-trend performance, amongst other categories, will be available to existing studio clients of OnDemand Essentials who opt-in and subscribe directly to this cutting-edge feature.

    "Rentrak is excited to provide the first-ever census-based industry view of transactional VOD content including total industry transactions and revenue. This advancement will open the doors of transparency to help the studios better understand trends within the transactional VOD business," said Cathy Hetzel, corporate president and president of Advanced Media and Information at Rentrak.

    In addition to rolling out the new Studio Share module, Rentrak is currently developing a similar transparent view of iVOD (Internet Video-On-Demand) rentals and EST (Electronic Sell-Through) purchases via the web, as well as content rented or purchased electronically through multiple devices such as iPad, PC, PlayStation, Roku, Xbox, and others which Rentrak is currently collecting transaction data from this type of viewing. On a weekly basis, transaction information will be aggregated for movie and television content for studios and networks that have chosen to make their content available, including Amazon, iTunes, PlayStation, Vudu, YouTube, Xbox, and others.

    Rentrak's OnDemand Essentials processes daily, census-level on-demand data representing over 100 million TVs from 38 cable, telco, and satellite providers, and 100% of the top-25 TV operators offering video-on-demand. Rentrak's extensive on-demand information is used by more than 170 network and studio clients.

    For further information, please visit www.rentrak.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: RENT
    Jul 05 1:08 PM | Link | Comment!
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