GlobeNewswire·Nov 10, 2026, 4:15 PM ET

Tandy Leather Factory Reports Third Quarter 2026 Results

Tandy Leather Factory reported Q3 2026 revenues of $18.5 million, a 7.3% increase from $17.3 million in the prior year period.
The company generated operating income of $0.6 million, representing an 181.9% rise compared to $0.2 million in Q3 2025.
Net income for the quarter was $0.5 million, contrasting with a net loss of $1.4 million in the same quarter of 2025.
Gross margin improved to 62.4% from 58.9% in the previous year, driven by operational improvements.
Adjusted EBITDA for the quarter reached $0.9 million.
Cash and cash equivalents ended the quarter at $5.7 million, down from $16.1 million at the end of 2025 due to $6.0 million in dividends, inventory purchases, POS system investment, and new store openings.
The company opened new retail locations in Waco, Texas, & Charleston, South Carolina during the fiscal year.
Net income per share was $0.06, compared to a loss of $0.17 per share in the prior year.
Tandy Leather Factory operates 102 stores globally, including 93 in the U.S., 8 in Canada, & 1 in Spain.
The company is headquartered in Benbrook, Texas, & trades on the Nasdaq under the symbol TLF.