Tandy Leather Factory FY2022 revenue $80.3M (-3% YoY); net income $1.2M

TANDY LEATHER FACTORY INC

2023-Q1 EPS reported $0.08 revenue$20,360,000

Full-year revenue $80.3M, down 3% from $82.7M in 2021; net income $1.2M vs $1.4M.
Adjusted EBITDA $4.0M; gross margin improved to 57.9% from 56.9%.
Repurchased 360,000+ shares for $1.8M; ended year with $8.0M cash.
Closed 5 underperforming stores since early 2022; expects cost actions to boost 2023 profits.
Q4 revenue $22.4M vs $23.4M; Q4 gross margin 55.8% vs 53.1%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TANDY LEATHER FACTORY INC reported financial results for fourth quarter and full year 2022.

Period: fourth quarter and full year 2022
Result: reported results

Exact text from the filing

On April 3, 2023, Tandy Leather Factory, Inc. (the “Company”) issued a press release (the “Press Release”) announcing its financial results for the fourth fiscal quarter of and full year 2022, as disclosed in the Company’s Annual Report on Form 10-K.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

TANDY LEATHER FACTORY INC filing history →

Source: SEC EDGAR

accession 0001140361-23-016942

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.