earnings
confidence high
sentiment negative
materiality 0.65
Tandy Leather Factory FY2024 revenue $74.4M (-2.4%); net income drops to $0.8M from $3.8M
TANDY LEATHER FACTORY INC
2024-FY EPS reported
$0.09
revenue$74,391,000
- FY2024 revenue $74.4M (-2.4% YoY); net income $0.8M down from $3.8M in 2023.
- Gross margin fell to 56.2% from 59.2%; operating expenses rose 1% to $41.2M.
- Q4 EPS $0.04 basic/diluted vs $0.23 prior year; adjusted EBITDA $2.6M.
- Ended FY2024 with $13.3M cash, up from $12.2M; paid $1.50/share dividend in Feb 2025.
- CEO guides HQ relocation costs will negatively impact profitability in 2025; expects rebound in 2026.