secwatch.observer — SEC 8-K summary
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Issuer:     TANDY LEATHER FACTORY INC (TLF)
CIK:        0000909724
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001140361-24-046240
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909724/000114036124046240/0001140361-24-046240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909724/000114036124046240/ef20038509_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-046240

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