Tandy Leather Q3 revenue falls, net loss widens

Reuters
2025/11/11
Tandy Leather Q3 revenue falls, net loss widens

Overview

  • Tandy Leather Q3 revenue down 0.5% yr/yr, net loss widens significantly

  • Gross margins improved to 58.9% from 57.8% in 2024

  • Company completed HQ move, impacting online sales but retail sales grew

Outlook

  • Tandy Leather Factory anticipates a "solid" fourth quarter in retail and online channels

  • Company completed headquarters move, expects improved operations

Result Drivers

  • HQ MOVE IMPACT - Relocation of headquarters and distribution center disrupted online sales, but retail sales grew

  • GROSS MARGIN IMPROVEMENT - Gross margins increased to 58.9% from 57.8% in 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$17.3 mln

Q3 Net Income

-$1.4 mln

Q3 Gross Profit

$10.2 mln

Q3 Operating Income

-$700,000

Press Release: ID:nGNX45C8wQ

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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