Seeking Alpha

QualityStocks'  Instablog

Send Message
QualityStocks ( assists publicly traded companies by getting their story out to the investment community while helping investors discover emerging companies with plenty of growth potential. Our name, QualityStocks, emphasizes our commitment to connect subscribers with... More
My company:
My blog:
QualityStocks Micro-Cap and Small-Cap Blog
  • June 2012 Sales Up 5 Percent For Tandy Leather Factory, Inc. (TLF) 0 comments
    Jul 5, 2012 5:37 PM | about stocks: 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

    Please see disclaimer on the QualityStocks website:

    Stocks: TLF
Back To QualityStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.