This Day On The Street
Continue to site
ADVERTISEMENT
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

Tandy Leather Factory Reports February 2013 Sales Up 8% Over February 2012

FORT WORTH, Texas, March 7, 2013 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq:TLF) reported today that sales for the month of February were $6.3 million, up 8% compared to February 2012 sales of $5.8 million. Year to date sales are up 6% to $12.6 million in the current year from $11.9 million last year.

Retail Leathercraft's sales rose 12% to $3.8 million compared to February 2012 sales of $3.4 million. The 77 comparable stores' sales were up 11% compared to the same period last year. The one store opened since February 2012 added February sales of $36,000. Year-to-date sales for Retail Leathercraft are $7.5 million this year, a 14% increase over sales of $6.6 million for the same period of 2012. As of the end of February, the 77 comparable stores' sales were up 13% compared to sales reported for the same period in 2012. 

Wholesale Leathercraft posted sales of $2.2 million for February, equal to that of February 2012 sales. Within the Wholesale Leathercraft division, the wholesale same store sales were up 1% for the month while the National Account group's sales were down 40% from February 2012. For the year to date, Wholesale Leathercraft sales are $4.4 million compared to $4.8 million in 2012, down 7%. As of the end of February, the wholesale same store sales were up 4% compared to the same period last year and the National Account group's sales are up 76%.       

International Leathercraft reported February sales of $300,000, up 20% compared to February 2012 sales of $250,000. Same store sales, consisting of all three stores in the segment, were also up 20%. For the year to date, International Leathercraft sales were $663,000 compared to $494,000 in 2012, up 34%. As of the end of February, same store sales were up 34% compared to the sales reported for the same period in 2012.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs