Tandy Leather (TLF) Reports 5% Increase in July Sales
Tweet
Share
E-mail
Tandy Leather Factory, Inc. (Nasdaq: TLF) reported today that sales for the month of July were $4.6 million, up 5% from $4.3 million in July 2009. Year to date sales are up 8% to $33.5 million in the current year compared to $30.9 million last year.
Retail Leathercraft's sales rose 12% to $2.5 million compared to July 2009 sales of $2.2 million. The 75 comparable stores' sales were up 11% for the month compared to the same period last year. The one store opened since July 2009 added July sales of $18,000. Year-to-date sales for Retail Leathercraft are $17.8 million this year, a 15% increase over sales of $15.5 million for the same period of 2009. For the year, the 74 comparable stores' sales were up 14% compared to sales reported for the same period in 2009.
Wholesale Leathercraft posted sales of $1.9 million for July, down 2% from July 2009 sales of $2.0 million. Within the Wholesale Leathercraft division, the wholesale stores' sales were down 2% for the month while the National Account group's sales were down 8% against July 2009. For the year to date, Wholesale Leathercraft sales are $14.8 million compared to $14.4 million in 2009, up 3%. As of the end of July, the wholesale stores' sales were up 5% compared to the same period last year while the National Account group's sales are down 10%.
International Leathercraft's sales rose 46% to $153,000 in the current month compared to July 2009 sales of $104,000. Year-to-date sales are $928,000 this year, a 31% increase over sales of $707,000 for the same period of 2009. International Leathercraft consists of one store located in the UK.
Retail Leathercraft's sales rose 12% to $2.5 million compared to July 2009 sales of $2.2 million. The 75 comparable stores' sales were up 11% for the month compared to the same period last year. The one store opened since July 2009 added July sales of $18,000. Year-to-date sales for Retail Leathercraft are $17.8 million this year, a 15% increase over sales of $15.5 million for the same period of 2009. For the year, the 74 comparable stores' sales were up 14% compared to sales reported for the same period in 2009.
Wholesale Leathercraft posted sales of $1.9 million for July, down 2% from July 2009 sales of $2.0 million. Within the Wholesale Leathercraft division, the wholesale stores' sales were down 2% for the month while the National Account group's sales were down 8% against July 2009. For the year to date, Wholesale Leathercraft sales are $14.8 million compared to $14.4 million in 2009, up 3%. As of the end of July, the wholesale stores' sales were up 5% compared to the same period last year while the National Account group's sales are down 10%.
International Leathercraft's sales rose 46% to $153,000 in the current month compared to July 2009 sales of $104,000. Year-to-date sales are $928,000 this year, a 31% increase over sales of $707,000 for the same period of 2009. International Leathercraft consists of one store located in the UK.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rapid Line sees stock surge with no known corporate cause
- Tandy Leather Factory Reports Second Quarter 2026 Results
- Tandy Leather Factory (TLF) Reports Q2 EPS of $0.05
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
