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TANDY LEATHER FACTORY INC

TANDY LEATHER FACTORY INCTLFEarnings & Financial Report

Nasdaq · retail

Tandy Leather Factory, Inc. is an American specialty retailer and wholesale distributor of leather and leatherwork related products. It operates more than 100 stores worldwide. Originally part of the Tandy Corporation, Tandy Leather has gone through a series of acquisitions and mergers, eventually being sold to The Leather Factory in 2000. The Tandy Leather flagship store next to their corporate headquarters in Fort Worth, Texas also houses the Al and Ann Stohlman Leathercraft Museum.

TLF Q3 2025 Key Financial Metrics

Revenue

$17.3M

Gross Profit

$10.2M

Operating Profit

$-678.0K

Net Profit

$-1.4M

Gross Margin

58.9%

Operating Margin

-3.9%

Net Margin

-7.8%

YoY Growth

-0.5%

EPS

$-0.17

Financial Flow

TANDY LEATHER FACTORY INC Q3 2025 Financial Summary

TANDY LEATHER FACTORY INC reported revenue of $17.3M for Q3 2025, with a net profit of $-1.4M (-7.8% margin). Cost of goods sold was $7.1M, operating expenses totaled $10.8M.

Key Financial Metrics

Total Revenue$17.3M
Net Profit$-1.4M
Gross Margin58.9%
Operating Margin-3.9%
Report PeriodQ3 2025

TANDY LEATHER FACTORY INC Annual Revenue by Year

TANDY LEATHER FACTORY INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $74.4M).

YearAnnual Revenue
2024$74.4M
2023$76.2M
2022$80.3M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$20.8M$19.3M$17.3M$17.4M$20.5M$19.0M$17.8M$17.3M
YoY Growth-6.8%-5.3%-1.1%-1.1%-1.8%-1.2%2.8%-0.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$72.1M$72.4M$72.8M$73.0M$74.9M$77.9M$76.5M$84.5M
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$56.3M$57.2M$57.5M$57.6M$57.2M$56.9M$57.2M$53.4M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$3.3M$1.1M$-514000$-535000$4.5M$-536000$-4.0M$-1.0M