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 2013 Sales Up 7% Over August 2012

FORT WORTH, Texas, Sept. 5, 2013 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq:TLF) reported today that sales for the month of August were $6.3 million, up 7% compared to August 2012 sales of $5.8 million. Year to date sales are up 10% to $51.1 million in the current year compared to $46.6 million last year.

Retail Leathercraft's sales rose 12% to $3.8 million compared to August 2012 sales of $3.3 million. The 77 comparable stores' sales were up 11% compared to the same period last year. The one store opened after August 2012 added August sales of $48,000. Year-to-date sales for Retail Leathercraft are $30.6 million, a 14% increase over sales of $26.8 million for the same period of 2012. As of the end of August, 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 August, down 1% or $30,000, compared to August 2012 sales of $2.2 million. Within the Wholesale Leathercraft division, compared to August 2012, wholesale same store sales were down 1% while the National Account group's sales were flat. For the year to date, Wholesale Leathercraft sales are $17.9 million, up 1% from last year's sales of $17.7 million. As of the end of August, the wholesale same store sales were up 3% compared to the same period last year and the National Account group's sales were down 26%.       

International Leathercraft reported August sales of $306,000, up 17% compared to August 2012 sales of $262,000. For the year to date, International Leathercraft sales were $2.6 million compared to $2.0 million last year, up 26%. All three stores in the segment have been opened for both periods, so same store sales for the month and year to date were the same as the segment's sales.  

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
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 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • 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