---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-046240"
form_type: "8-K"
ticker: "TLF"
cik: "0000909724"
company_name: "TANDY LEATHER FACTORY INC"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:35:26.724924+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Tandy Leather Factory Q3 2024 net loss of $0.1M vs net income of $0.6M in prior year

## Summary
- 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).

## SEC filing metadata
- accession: 0001140361-24-046240
- form_type: 8-K
- ticker: TLF
- cik: 0000909724
- company_name: TANDY LEATHER FACTORY INC
- filed_at: 2024-11-12T23:59:59+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/909724/000114036124046240/0001140361-24-046240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909724/000114036124046240/ef20038509_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-046240
- JSON: https://secwatch.observer/filing/0001140361-24-046240.json
- Plain text: https://secwatch.observer/filing/0001140361-24-046240.txt

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