Tandy Leather becomes current on financial reporting; Q3 sales up 21% to $19.3M

TANDY LEATHER FACTORY INC

Filed Q3 2021 Form 10-Q; net income of $16K vs $1.0M loss a year ago; diluted EPS loss less than $0.01.
Completed off-market repurchase of 212,690 shares at $5.00 per share; plans to resume open-market repurchases.
Applying for relisting on Nasdaq after resumption of regular trading; stock currently trades OTC.
Cash and equivalents $6.1M at Sept 30, down from $10.3M at year-end 2020.
CEO cites traction in retail, web, commercial channels; optimistic for profitable growth.

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