Tandy Leather Factory (TLF) Reports November Sales Increase
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Tandy Leather Factory, Inc. (AMEX: TLF) reported sales for the month of November were $4.8 million, an increase of 5% from $4.6 million last year. Year to date sales are up 10% to $50.0 million in the current year from $45.6 million last year.
Chairman and Chief Executive Officer, Wray Thompson, commented, "While we started off the month of November with some real strength, we gave up some of that sales momentum in the last half of November and as a result didn't achieve the sales gain we were expecting, particularly in the retail stores. With that said, we are still on track to meet our revenue guidance for 2006."
Chairman and Chief Executive Officer, Wray Thompson, commented, "While we started off the month of November with some real strength, we gave up some of that sales momentum in the last half of November and as a result didn't achieve the sales gain we were expecting, particularly in the retail stores. With that said, we are still on track to meet our revenue guidance for 2006."
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