Tandy Leather Factory (TLF) Sales Fell 5% in Sept. 2016; YTD Sales Down 2%

Tandy Leather Factory, Inc. Reports September 2016 Sales Down 5% Compared to September 2015

FORT WORTH, Texas, Oct. 06, 2016 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ: TLF) reported today that sales for the month of September were $6.1 million, down 5% compared to September 2015 sales of $6.5 million.  Year to date sales were $59.1 million, down 2% compared to sales of $60.1 million in the same period last year.

Retail Leathercrafts sales decreased 3% to $4.0 million compared to September 2015 sales of $4.1 million.  The 80 comparable stores sales were down 2% compared to the same period last year.  The one new store opened in 2016 added September sales of $97,000.  Year-to-date sales for Retail Leathercraft are $38.0 million... More