Tandy Leather Factory, Inc. (TLF) Posts Improved Q2 Results

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Tandy Leather Factory Reports Q2 2014 Financial Results

August 7, 2014 7:20 AM EDT

FORT WORTH, Texas, Aug. 7, 2014 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today reported financial results for the second quarter of 2014. Consolidated net income for the quarter ended June 30, 2014 was $1.8 million compared to consolidated net income of $1.6 million for the second quarter of 2013, an increase of 8%. Fully diluted earnings per share for the quarter were $0.17, compared to $0.16 in the second quarter of last year. Total sales for the quarter ended June 30, 2014 were $19.7 million, up 4% from $19.0 million in the second quarter last year.  

Consolidated sales for the six months ended June 30, 2014 were $39.5... More