Earnings Releases·Nov 10, 2026, 4:44 PM ET

Tandy Leather Factory — Third Quarter 2026 Earnings Summary

Revenues rose 7.3% year-over-year to $18.5 million, while gross margin expanded to 62.4% from 58.9%, driving operating income to $0.6 million (up 181.9%) and net income to $0.5 million, a turnaround from a $1.4 million loss in the prior year period.
Cash and cash equivalents declined to $5.7 million from $16.1 million at year-end 2025, reflecting $6.0 million in dividends paid in Q1 2026 and approximately $4.4 million spent on inventory and capital investments.
Growth was achieved across both retail and e-commerce channels, supported by new store openings in Waco, Texas, and Charleston, South Carolina, alongside operational improvements that offset investment expenses.
No specific forward guidance or numerical future outlook was provided, though management cited satisfaction with the strong quarter and noted risks related to economic conditions, consumer spending, and supply chain pricing fluctuations.