Tandy Leather Q3 revenue falls, net loss widens

Tandy Leather Factory

10/11/2025 21:40

Overview

Tandy Leather Q3 revenue down 0.5% yr/yr, net loss widens significantly

Gross margins improved to 58.9% from 57.8% in 2024

Company completed HQ move, impacting online sales but retail sales grew

Outlook

Tandy Leather Factory anticipates a "solid" fourth quarter in retail and online channels

Company completed headquarters move, expects improved operations

Result Drivers

HQ MOVE IMPACT - Relocation of headquarters and distribution center disrupted online sales, but retail sales grew

GROSS MARGIN IMPROVEMENT - Gross margins increased to 58.9% from 57.8% in 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$17.3 mln
Q3 Net Income
-$1.4 mln
Q3 Gross Profit
$10.2 mln
Q3 Operating Income
-$700,000


Press Release: ID:nGNX45C8wQ

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(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.)