Tandy Leather Factory (TLF) Saw August Sales Increase 5%
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Tandy Leather Factory, Inc. (AMEX: TLF) reported that sales for the month of August were $4.4 million, an increase of 5% from $4.2 million last year. Year to date sales are up 10% to $36.1 million in the current year from $32.9 million last year.
Chairman and Chief Executive Officer, Wray Thompson, commented, "August was another tough sales month, particularly at our Tandy Leather retail stores. However, as we had indicated previously, we were not expecting great sales results in August. We still believe we will finish the quarter with a strong September, which will start the momentum for the holiday shopping season."
Chairman and Chief Executive Officer, Wray Thompson, commented, "August was another tough sales month, particularly at our Tandy Leather retail stores. However, as we had indicated previously, we were not expecting great sales results in August. We still believe we will finish the quarter with a strong September, which will start the momentum for the holiday shopping season."
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