---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-036300"
form_type: "8-K"
ticker: "TLF"
cik: "0000909724"
company_name: "TANDY LEATHER FACTORY INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:31:18.231904+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Tandy Leather Factory Q2 revenue down 1.1% to $17.3M; EPS falls to $0.01 from $0.06

## Summary
- Revenue $17.3M, down 1.1% YoY; gross margin 58.0% vs 62.5% in 2023.
- Net income $0.1M ($0.01 diluted EPS) down from $0.5M ($0.06) in prior year.
- Operating income $63,000 vs $0.8M in 2023; operating expenses fell 1.7% to $10.0M.
- Adjusted EBITDA of $0.8M; cash and equivalents $11.5M, up from $10.0M a year ago.
- CEO cites lower customer discretionary income and increased promotional activity pressuring margins.

## SEC filing metadata
- accession: 0001140361-24-036300
- form_type: 8-K
- ticker: TLF
- cik: 0000909724
- company_name: TANDY LEATHER FACTORY INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909724/000114036124036300/0001140361-24-036300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909724/000114036124036300/ef20033798_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-036300
- JSON: https://secwatch.observer/filing/0001140361-24-036300.json
- Plain text: https://secwatch.observer/filing/0001140361-24-036300.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.