Tandy Leather Factory Reports Third Quarter 2024 Results
TLFTandy Leather Factory(TLF) GlobeNewswire News Room·2024-11-13 06:20

FORT WORTH, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the third fiscal quarter of 2024. Highlights from Third Quarter 2024: Revenues were $17.4 million, down 1.1% from 2023Operating loss of $0.3 millionNet loss of $0.1 million, down from net income of $0.6 million in 2023Gross margins of 57.8%, down from 62.4% in 2023Operating expenses $10.3 million, up 2.3% from 2023Adjusted EBITDA* of $0.2 millionEnded quarter wit ...