Tandy Leather Factory Reports Second Quarter 2026 Results

BENBROOK, Texas, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter of 2026.

Highlights from second quarter 2026: * Revenues were $18.0 million, up 1.5% from 2025 * Generated operating income of $0.5 million up 722.9% from 2025 * Net income of $0.4 million versus net loss of ($0.2) million in 2025 * Gross margins of 64.8%, up from 59.5% in 2025 * EBITDA from operations of $0.9 million * Ended quarter with $6.4 million of cash and cash equivalents Tandy Leather Factory’s second quarter sales were $18.0 million in 2026, up from $17.8 million in 2025. Second quarter 2026 gross profit was $11.7 million, up from $10.6 million in 2025. As of June 30, 2026, the Company held $6.4 million of cash and cash equivalents, down from $16.1 million as of December 31, 2025. This decrease reflects $6.0 million in dividends paid to shareholders in Q1 2026 and approximately $4.0 million related to an increase in inventory purchases to support sales, investment in a new POS system, and some capital investments in our new store we opened in Waco, Texas during the second quarter of 2026 and other existing stores. The Company had basic and diluted net income in the quarter of $0.05 per share, versus $0.02 basic and diluted net loss per share in the prior year.