Tandy Leather Factory (TLF) June Sales Fall 4%

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Tandy Leather Factory, Inc. Reports June 2016 Sales Down 4% from June 2015

July 7, 2016 7:30 AM EDT

FORT WORTH, Texas, July 07, 2016 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ: TLF) reported today that sales for the month of June were $6.0 million, down 4% compared to June 2015 sales of $6.3 million.  Year to date sales were $40.4 million, down 1% compared to $40.7 million of sales in the same period last year.  

Retail Leathercrafts sales decreased 5% to $3.9 million compared to June 2015 sales of $4.0 million.  The 80 comparable stores sales were down 4% for the month compared to the same period last year and the one new store opened in 2016 added June sales of $85,000. Year-to-date sales... More