Monday, October 18, 2021
54.4 F
Fort Worth

Tandy Leather reports Jan. sales

🕐 1 min read

By Betty Dillard bdillard@bizpress.net

Tandy Leather Factory Inc. reported Feb. 6 its sales for the month of January were $6.6 million, up 6 percent compared with January 2013 sales of $6.3 million. The 76 comparable stores’ sales also were up 6 percent, the Fort Worth-based specialty retailer said. Retail Leathercraft’s sales rose 7 percent to $4 million compared with January 2013 sales of $3.7 million. The three stores opened since January 2013 added January sales of $92,000.

Wholesale Leathercraft posted sales of $2.3 million for January, up 3 percent over January 2013 sales of $2.2 million. Within the Wholesale Leathercraft division, the wholesale stores’ sales rose 2 percent for the month and the National Account group’s sales were up 16 percent. International Leathercraft reported January sales of $409,000, a gain of 12 percent compared with January 2013 sales of $363,000. All three stores in the segment have been opened for both periods, so same store sales for the month were the same as the segment’s sales.

CEO and President, Jon Thompson, said the company will continue the expansion of its store chain in 2014, both by increasing the size of existing stores and opening new ones as appropriate. Tandy Leather Factory Inc. is a specialty retailer and wholesale distributor 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 29 Leather Factory stores, located in 19 states and three Canadian provinces, 79 Tandy Leather retail stores, located in 36 states and six Canadian provinces, and three combination wholesale/retail stores located in the United Kingdom, Australia and Spain. Its common stock trades on the NASDAQ with the symbol TLF.

 

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

Related Articles

970x250_DM_Leasing

Our Digital Sponsors

Latest Articles

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate