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TANDYCRAFTS COMMENTS ON WALL STREET JOURNAL ARTICLE

 TANDYCRAFTS COMMENTS ON WALL STREET JOURNAL ARTICLE
 FORT WORTH, Texas, Jan. 13 /PRNewswire/ -- Michael J. Walsh, vice


president and general counsel, Tandycrafts, Inc. (NYSE: TAC), stated today that while the Wall Street Journal quoted him as having said that company results would not be materially different for the quarter ended Dec. 31, 1991, the report should have stated that company operating results would not be materially different for such period.
 The company's Fort Worth cargo manufacturing facility was closed on Dec. 5, 1991. The financial impact associated with such closing is under review and could affect reported results for the second quarter. It is expected that results for the second quarter and the six months ended Dec. 31, 1991, will be released on or about Jan. 23.
 -0- 1/13/92
 /CONTACT: Michael J. Walsh, vice president and secretary of Tandycrafts, 817-551-9603/
 (TAC) CO: Tandycrafts Inc. ST: Texas IN: REA SU:


CK-KW -- NY047 -- 9110 01/13/92 12:46 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 13, 1992
Words:160
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