earnings
confidence high
sentiment negative
materiality 0.60
Tandy Leather Factory Q3 2024 net loss of $0.1M vs net income of $0.6M in prior year
TANDY LEATHER FACTORY INC
2024-Q3 EPS reported
$0.06
revenue$53,913,000
- Revenue $17.4M, down 1.1% YoY; gross margin 57.8% vs 62.4% in 2023.
- Operating loss of $0.3M vs operating income of $0.9M; net loss $0.02 per share vs income $0.08.
- Adjusted EBITDA of $0.2M; cash and equivalents $10.1M, up from $8.6M a year ago.
- Operating expenses $10.3M, up 2.3% due to inflationary pressures and higher employment costs.
- Inventory $38.1M; store count 99 North American locations (two temporarily closed for relocation).