Tandy Leather Factory(TLF) - 2023 Q4 - Annual Results
Tandy Leather Factory(TLF)2024-03-23 04:33
Exhibit 99.1 FOR IMMEDIATE RELEASE March 22, 2024 Tandy Leather Factory Reports Fourth Quarter and Full Year 2023 Results FORT WORTH, TEXAS – March 22, 2024 (GLOBE NEWSWIRE) – Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the fourth fiscal quarter and full year 2023. Highlights from 2023: • Revenues were $76.2 million, down 5.1% from 2022 • Generated operating income of $4.4 million • Net income of $3.8 million, up from $1.2 million in 2022 • Gross margins of ...