Tandy Leather Factory (TLF) Reports Q3 Earnings

November 9, 2009 7:43 AM EST

Tandy Leather Factory, Inc. (AMEX: TLF) reports Q3 EPS of $0.05 compared to $0.04 in the third quarter of last year. Total sales for the quarter ended September 30, 2009, were $12.8 million, up 4% from $12.3 million in the third quarter last year.

Consolidated sales for the nine months ended September 30, 2009, were $39.4 million, matching that of the 2008 first nine months. Consolidated net income for the first three quarters of 2009 was up 21% to $2.0 million or $0.19 per fully-diluted share versus $1.7 million or $0.15 per fully-diluted share in the comparable period last year.

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