Tandy Leather Factory Q2 revenue up 2.8%

Tandy Leather Factory

11/08/2025 22:16

Overview

Tandy Leather Q2 revenue rose 2.8% yr/yr to $17.8 mln

Company reported a net loss of $0.2 mln versus net income last year

Gross margin improved to 59.5%, despite increased operating expenses

Outlook

Company expects operating losses for full year 2025 due to leasing costs

Tandy Leather Factory anticipates tariffs may impact future sales and profits

Company aims to continue sales momentum into third quarter

Result Drivers

SALES PRODUCTIVITY - Increased sales productivity in U.S. retail stores drove revenue growth, per CEO Johan Hedberg

LEASING COSTS - Operating expenses rose due to leasing headquarters and distribution centers, impacting net income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$17.80 mln
Q2 Net Income
-$200,000
Q2 Gross Profit
$10.60 mln
Q2 Operating Income
$100,000


Press Release: ID:nGNX3QRclH

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)