Tandy Leather Factory, Inc. Reports 1% Sales Increase in January.15% Sales Gain at the Retail Stores FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. -- Tandy Leather Factory, Inc. (AMEX AMEX See: American Stock Exchange :TLF TLF Tanklöschfahrzeug (German: fire department) TLF The Learning Federation (Melbourne, Australia) TLF Temporary Living Facility TLF Thoracolumbar Fascia TLF Taiwan Labor Front TLF Timing Library Format ) reported today that sales for the month of January were $4.6 million, an increase of 1% from $4.5 million last year. Retail Leathercraft posted a 15% sales increase for January, with sales totaling $2.0 million compared to $1.8 million in January 2006. The 52 comparable stores' sales were flat for the month compared to the same period last year. The 12 stores opened since December 2005 added January sales of $276,000. Wholesale Leathercraft posted sales of $2.5 million for January, down 3% over January 2006 sales of $2.6 million. Within the Wholesale Leathercraft division, the wholesale centers' sales were down 3% for the month while the National Account group posted a January sales gain of 8%. Chief Executive Officer and President, Ron Morgan, commented, "We did not get the start to the year that we wanted in either divisions. I think the weakness in our sales is attributable to several factors. Many of our stores in the middle of the country lost sales days due to winter storms. The personnel just couldn't get to the stores for several days. Some of those stores' sales are still suffering as their customers are recovering from the lingering effects of power outages This is a list of famous wide-scale power outages. 1965
Tandy Leather Factory, Inc., headquartered in Fort Worth, Texas, is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, belt buckles This article is about the comic strip. For the fastener, see Buckle Buckles is a comic strip by David Gilbert about the misadventures of a naïve dog. Buckles debuted on March 25, 1996. and adornments, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products as The Leather Factory through its wholesale distribution centers and as Tandy Leather Company through its retail stores. Its common stock trades on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. with the symbol "TLF." This news release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . All forward-looking statements made here or in other news releases issued by Tandy Leather Factory, Inc. are based on current expectations as of the date of the release. These forward-looking statements involve risks and uncertainties that could cause the results of Tandy Leather Factory, Inc. to differ materially from management's current expectations. Many of these risks and uncertainties are detailed from time to time in TLF's reports filed with the Securities and Exchange Commission, including its most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and the most recent quarterly report on Form 10-Q Form 10-Q See 10-Q. . Investors are reminded that past performance may not be predictive of future results. |
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