FORT WORTH, Texas (AP) _ Tandy Leather Factory Inc. (TLFA) on Monday reported profit of $645,000 in its first quarter.
On a per-share basis, the Fort Worth, Texas-based company said it had net income of 8 cents.
The leather goods retailer posted revenue of $20.5 million in the period.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLFA at https://www.zacks.com/ap/TLFA
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News
Tandy Leather Factory, Inc. is a specialty retailer of leather and leathercraft-related items. The Company carries a range of assortment of products organized into various categories, including leather, hand tools, hardware, kits, liquids, machinery, and other supplies. It operates a manufacturing facility in Fort Worth, Texas, where it manufactures kits, thread lace, belt strips and straps, and Craftaids, and provides custom manufacturing processes for commercial and business customers. It distributes product under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro brands. It also manufactures leather lace, cut leather pieces and various do-it-yourself kits that are sold in its stores and on its Websites. It sells its products primarily through Company-owned stores and through orders generated from its Websites. The Company operates a total of 103 retail stores. There are 92 stores in the United States (U.S), 10 stores in Canada and one store in Spain.