Latest news with #TandyLeatherFactory
Washington Post
12-05-2025
- Business
- Washington Post
Tandy: Q1 Earnings Snapshot
FORT WORTH, Texas — FORT WORTH, Texas — Tandy Leather Factory Inc. (TLF) on Monday reported net income of $12.7 million in its first quarter. On a per-share basis, the Fort Worth, Texas-based company said it had net income of $1.47. Losses, adjusted for non-recurring gains, were 59 cents per share.
Yahoo
12-05-2025
- Business
- Yahoo
Tandy Leather Factory Reports First Quarter 2025 Results
FORT WORTH, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company's financial results for the first fiscal quarter of 2025. Highlights from first quarter 2025: Revenues were $19.0 million, down 1.2% from 2024 Generated operating income of $0.3 million Net income from operations of $0.3 million, down from $0.7 million in 2024 Gross margins of 56.3%, down from 56.7% in 2024 Operating expenses $10.5 million, up 1.8% from 2024 Adjusted net income of $0.4 million Adjusted EBITDA* (from operations) of $0.6 million Ended quarter with $23.6 million of cash and cash equivalents Tandy Leather Factory's first quarter sales were $19.0 million in 2025, down from $19.3 million in 2024. First quarter 2025 gross profit was $10.7 million, down from $10.9 million in 2024. As of March 31, 2025, the Company held $23.6 million of cash and cash equivalents, up from $12.3 million a year earlier; this increase reflects the proceeds from the sale of the Company's corporate headquarters in January 2025 (the 'HQ Sale'), offset by cash used in operations in the first quarter of approximately $0.5 million and the payment of a special dividend to stockholders of approximately $12.7 million. The Company held inventory of $34.4 million, down from $35.6 million as of December 31, 2024. The Company had basic net income in the quarter of $1.49 and diluted net income of $1.47 per share, versus $0.06 basic and diluted per share in the prior year; first quarter 2025 includes adjusted net income from operations of $0.05 basic and diluted per share. Johan Hedberg, Chief Executive Officer of the Company, said, 'In the first quarter, we completed the sale of our corporate headquarters building, which allowed us to pay our stockholders a substantial dividend of $1.50 per share. As we have announced previously, our move to a new headquarters in Q3 of this year is still expected to lead to significantly increased costs and likely operating losses for full year 2025. Already underway with moving-related efforts, we were pleased to still achieve first quarter sales and operating income that were somewhat ahead of our internal forecasts. We hope to continue that momentum through the second quarter and beyond, while noting that we have not yet felt the full impact of the coming tariffs on the U.S. economy and our products, which are nearly all imported. If tariffs remain at the currently-announced levels, this will necessarily require us to increase our retail prices and likely lead to unavoidable declines in our sales and profits.' Investors are encouraged to send their questions to the Company's investor relations hotline at investorrelations@ * Adjusted EBITDA is a non-GAAP financial measure that the Company believes helps investors to compare its operating performance to that of other companies. The following is a reconciliation of the Company's net income to Adjusted EBITDA (in millions): Quarter endedMarch 31, 2025 Net income $ 12.7 Adjustment to net income(1) (12.3 ) Adjusted net income (2) 0.4 Add back: Depreciation and amortization 0.2 Interest income (0.2 ) Income tax provision 0.1 Stock-based compensation 0.1 Adjusted EBITDA (from operations) $ 0.6 (1) This adjustment to net income removes the net proceeds from the sale of our corporate headquarters, related one-time relocation expenses, and tax related tax provision due to the sale.(2) Adjusted net income represents income from operations plus interest income. Tandy Leather Factory, Inc., ( headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 100 North American stores located in 40 US states and six Canadian provinces, and one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol 'TLF'. To be included on Tandy Leather Factory's email distribution list, go to: Contact: Johan Hedberg, Tandy Leather Factory, Inc., (817) 872-3200 or This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-04-2025
- Business
- Yahoo
Tandy Leather Factory (NASDAQ:TLF) shareholders have endured a 14% loss from investing in the stock a year ago
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in Tandy Leather Factory, Inc. (NASDAQ:TLF) have tasted that bitter downside in the last year, as the share price dropped 38%. That's disappointing when you consider the market declined 1.9%. We note that it has not been easy for shareholders over three years, either; the share price is down 36% in that time. The share price has dropped 39% in three months. But this could be related to the weak market, which is down 16% in the same period. It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Unfortunately Tandy Leather Factory reported an EPS drop of 78% for the last year. This fall in the EPS is significantly worse than the 38% the share price fall. It may have been that the weak EPS was not as bad as some had feared. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here . As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Tandy Leather Factory's TSR for the last 1 year was -14%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! We regret to report that Tandy Leather Factory shareholders are down 14% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 1.9%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Longer term investors wouldn't be so upset, since they would have made 2%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that Tandy Leather Factory is showing 2 warning signs in our investment analysis , you should know about... If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
26-02-2025
- Business
- Yahoo
Tandy Leather Factory Reports Fourth Quarter and Full Year 2024 Results
FORT WORTH, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company's financial results for the fourth fiscal quarter and full year 2024. Highlights from 2024: Revenues were $74.4 million, down 2.4% from 2023 Generated operating income of $0.6 million Net income of $0.8 million, down from $3.8 million in 2023 Gross margins of 56.2%, down from 59.2% in 2023 Operating expenses $41.2 million, up 1.0% from 2023 Adjusted EBITDA* of $2.6 million Ended year with $13.3 million of cash and cash equivalents Tandy Leather Factory's fourth quarter sales were $20.5 million in 2024, down from $20.8 million in 2023. Fourth quarter 2024 gross profit was $10.8 million, down from $11.5 million in 2023. As of December 31, 2024, the Company held $13.3 million of cash and cash equivalents, up from $12.2 million a year earlier. The Company held inventory of $35.6 million, down from $38.0 million as of December 31, 2023. The Company had basic and diluted net income in the quarter of $0.04 per share, versus $0.23 in the prior year. The Company's full year sales were $74.4 million in 2024, down from $76.2 million in 2023. Operating expenses increased to $41.2 million up from $40.8 million in 2023 and increased as a percentage of sales to 55.4% from 53.5% in 2023. 2024 full year gross profit was $41.8 million, or 56.2%, vs $45.2 million, or 59.2%, in 2023. Net income was $0.8 million in 2024, compared to $3.8 million in 2023. Additional details regarding the Company's 2024 results can be found in its Annual Report on Form 10-K, filed with the SEC on February 26, 2025. Johan Hedberg, Chief Executive Officer of the Company, said, 'In 2024, against a backdrop of weaker retail sales in the U.S., Tandy was able to slow, but not fully stop, the trend of decreasing retail sales. At the same time, inflation in labor and materials drove an increase in our operating expenses. While we were able to remain profitable and increase our year-end cash, we are disappointed with the Company's results. We were able to return substantial value to our stockholders with the sale of our corporate headquarters building, which closed last month, and the payment this month of a substantial dividend of $1.50 per share. 'Looking ahead to 2025, we hope to drive improved sales in our stores and e-commerce channel and plan to decrease the number of store moves, which led to short-term sales declines last year. However, we expect that significant costs relating to the move of our headquarters facilities and flagship store in Fort Worth, and shifting from owning to leasing those properties, will negatively impact our ability to be profitable in 2025, and cause some unavoidable disruption to sales. Our goal is to accomplish this transition as smoothly and efficiently as possible to position the Company for a rebound in both sales and profits in 2026,' Mr. Hedberg continued. Investors are encouraged to send their questions to the Company's investor relations hotline at investorrelations@ * Adjusted EBITDA is a non-GAAP financial measure that the Company believes helps investors to compare its operating performance to that of other companies. The following is a reconciliation of the Company's net income to Adjusted EBITDA (in millions): Year endedDecember 31, 2024 Net income $0.8 Add back: Depreciation and amortization 1.2 Interest expense (0.3) Income tax provision 0.3 Stock-based compensation 0.6 Adjusted EBITDA $2.6 Tandy Leather Factory, Inc., ( headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 99 North American stores located in 40 US states and six Canadian provinces, and one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol 'TLF'. To be included on Tandy Leather Factory's email distribution list, go to: Contact: Johan Hedberg, Tandy Leather Factory, Inc., (817) 872-3200 or This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or in to access your portfolio
Yahoo
31-01-2025
- Business
- Yahoo
AMMO Leads The Pack Of 3 US Penny Stocks
The U.S. stock market is experiencing a positive trend, with major indexes like the Dow Jones, S&P 500, and Nasdaq Composite on track for monthly gains following favorable inflation data and strong earnings reports. For investors interested in exploring smaller or newer companies, penny stocks—despite their somewhat outdated name—remain a relevant area of interest. These stocks can offer growth opportunities at lower price points, especially when backed by solid financials and fundamentals. Name Share Price Market Cap Financial Health Rating QuantaSing Group (NasdaqGM:QSG) $3.08 $119.09M ★★★★★★ BAB (OTCPK:BABB) $0.91 $6.62M ★★★★★★ ZTEST Electronics (OTCPK:ZTST.F) $0.274193 $10.24M ★★★★★★ Permianville Royalty Trust (NYSE:PVL) $1.46 $48.51M ★★★★★★ North European Oil Royalty Trust (NYSE:NRT) $4.54 $41.73M ★★★★★★ Imperial Petroleum (NasdaqCM:IMPP) $2.88 $83.72M ★★★★★★ BTCS (NasdaqCM:BTCS) $3.12 $53.61M ★★★★★★ Golden Growers Cooperative (OTCPK:GGRO.U) $4.50 $67.38M ★★★★★★ CBAK Energy Technology (NasdaqCM:CBAT) $0.92 $80.14M ★★★★★☆ Smith Micro Software (NasdaqCM:SMSI) $1.30 $22.88M ★★★★★☆ Click here to see the full list of 706 stocks from our US Penny Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: AMMO, Inc. designs, produces, and markets ammunition and related products for various customers including recreational shooters, hunters, and law enforcement agencies with a market cap of $187.64 million. Operations: The company's revenue is derived from two main segments: Ammunition, which generated $89.44 million, and Marketplace, contributing $52.31 million. Market Cap: $187.64M AMMO, Inc. faces challenges as it received a Nasdaq deficiency notice for delayed SEC filings, risking delisting if compliance isn't regained by May 2025. Despite this, the company maintains a solid financial position with short-term assets of US$134 million exceeding liabilities and more cash than total debt. Although unprofitable, AMMO has reduced losses over five years and possesses a sufficient cash runway for over three years due to positive free cash flow. Shareholders haven't faced significant dilution recently, and the board is experienced with an average tenure of 3.8 years. Dive into the specifics of AMMO here with our thorough balance sheet health report. Understand AMMO's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Tandy Leather Factory, Inc. operates as a retailer of leather and leathercraft-related products in the United States, Canada, and Spain, with a market cap of $42.20 million. Operations: The company's revenue segment is primarily derived from its Apparel business, which generated $74.76 million. Market Cap: $42.2M Tandy Leather Factory, Inc. recently announced a strategic move to new headquarters in Benbrook, Texas, signaling potential growth ambitions. The company declared a special dividend of $1.50 per share and appointed Johan Hedberg as CEO, bringing extensive retail leadership experience. Financially stable with no debt and short-term assets exceeding liabilities, Tandy's earnings grew 6.7% last year despite a slight revenue decline. The Price-To-Earnings ratio is favorable compared to the US market average, indicating potential value for investors interested in penny stocks with improving profit margins and high-quality earnings amidst board changes. Unlock comprehensive insights into our analysis of Tandy Leather Factory stock in this financial health report. Assess Tandy Leather Factory's previous results with our detailed historical performance reports. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Liquidmetal Technologies, Inc. is a materials technology company that designs, develops, and sells custom products and parts made from bulk amorphous alloys to various industries globally, with a market cap of $36.87 million. Operations: The company's revenue is derived entirely from the development and manufacturing of products and applications using amorphous alloys, totaling $1.02 million. Market Cap: $36.87M Liquidmetal Technologies, Inc. is a materials technology company with a market cap of US$36.87 million, focusing on amorphous alloys but remains pre-revenue with only US$1.02 million in revenue, indicating limited commercial traction. Despite being unprofitable, the company has reduced losses by 29.2% annually over five years and maintains financial stability with no debt and short-term assets of US$17.3 million exceeding liabilities of US$1.3 million. Recent developments include filing a shelf registration for US$18.9 million and changing auditors to BCRG Group, which could influence future financial reporting and capital structure adjustments. Click here and access our complete financial health analysis report to understand the dynamics of Liquidmetal Technologies. Explore historical data to track Liquidmetal Technologies' performance over time in our past results report. Take a closer look at our US Penny Stocks list of 706 companies by clicking here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:POWW NasdaqCM:TLF and OTCPK:LQMT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
