This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tandy Leather Factory Reports August 2012 Sales Up 9% Over August 2011

Stocks in this article: TLF

FORT WORTH, Texas, Sept. 6, 2012 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq:TLF) reported today that sales for the month of August were $5.8 million, up 9% compared to August 2011 sales of $5.3 million. Year to date sales are up 10% to $46.6 million in the current year from $42.3 million last year.

Retail Leathercraft's sales rose 10% to $3.3 million compared to August 2011 sales of $3.1 million. All 77 stores are considered comparable stores in August, posting a same store sales increase of 10% over the same period last year. Year-to-date sales for Retail Leathercraft are $26.8 million this year, a 14% increase over sales of $23.5 million for the same period of 2011. As of the end of August, the 76 comparable stores' sales were up 13% compared to sales reported for the same period in 2011. 

Wholesale Leathercraft posted sales of $2.2 million for August, up 4% compared to August 2011 sales of $2.1 million. Within the Wholesale Leathercraft division, the wholesale same store sales were up 9% for the month while the National Account group's sales were down 40% from August 2011. For the year to date, Wholesale Leathercraft sales are $17.7 million compared to $17.4 million in 2011, up 2%. As of the end of August, the wholesale same store sales were up 5% compared to the same period last year and the National Account group's sales are down 32%.       

International Leathercraft reported August sales of $262,000, up 70% compared to August 2011 sales of $154,000. August same store sales, representing the UK store, were equal to that of August 2011, totaling $154,000, while the new Australia and Spain stores, opened in October 2011 and January 2012, respectively, added August sales of $108,000. For the year to date, International Leathercraft sales were $2.0 million compared to $1.4 million in 2011, up 49%. As of the end of August, same store sales were down 3% compared to the sales reported for the same period in 2011.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs