Tandy Leather Factory Reports Q3 Sales of $17.3 Million and Net Loss of $1.4 Million

Reuters
2025.11.10 21:32
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Tandy Leather Factory Inc. reported Q3 2025 sales of $17.3 million, a slight decrease from $17.4 million in 2024. Gross profit increased to $10.2 million, with gross margins rising to 58.9%. The company faced an operating loss of $0.7 million and a net loss of $1.4 million. Operating expenses rose by 5.4% to $10.8 million. Cash and cash equivalents increased to $12.0 million, while inventory rose to $35.9 million.