Tandy Brands (TBAC) Reports Large Q3 Loss
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Tandy Brands Accessories (Nasdaq: TBAC) reports a Q3 loss of $1.78 vs. consensus of $0.00 (breakeven)
The 2009 third fiscal quarter results include a noncash inventory write-down of $7.5 million, and a charge of $844,000 associated with a corporate restructuring plan announced in January 2009.
Revenues were $25.1 million vs. $33.99 million consensus.
(NOTE - only 1 analyst)
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