Brief: Tandy Leather Factory Reports Q4 Results

Tandy Leather Factory

06/03/2019 21:13

March 6 (Reuters) - Tandy Leather Factory Inc  TLF.O :
    * TANDY LEATHER FACTORY REPORTS Q4 AND FY 2018 FINANCIAL
RESULTS
    * Q4 SALES ROSE 1 PERCENT TO $24.7 MILLION
    * Q4 LOSS PER SHARE $0.07
    * QTRLY NORTH AMERICA REPORTED COMPARABLE STORE SALES
INCREASE OF
0.7%
    * QTRLY INTERNATIONAL REPORTED COMPARABLE STORE SALES
DECLINE OF
1.3%.
    * AT DECEMBER 31, 2018, INVENTORY TOTALED $33.9 MILLION, A
DECREASE OF $3.4 MILLION FROM BEGINNING OF YEAR
    * TANDY LEATHER FACTORY - GOING FORWARD, RETAIL FLEET WILL
BE
MANAGED PRIMARILY FOR CASH FLOW WHICH MAY RESULT IN ADDITIONAL 4
TO 6 STORE CLOSURES IN 2019

Source text for Eikon:  ID:nGNX8gK0vg 
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