---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-041397"
form_type: "8-K"
ticker: "TLF"
cik: "0000909724"
company_name: "TANDY LEATHER FACTORY INC"
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:49:51.094544+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tandy Leather Factory reports Q3 net loss of $1.4M; revenue down 0.5% to $17.3M

## Summary
- Operating loss widened to $0.7M from $0.3M; operating expenses rose 5.4% to $10.8M.
- Gross margin improved to 58.9% from 57.8%, but net loss per share was ($0.17) vs ($0.02).
- Cash balance $12.0M; company completed HQ sale in Jan 2025 and paid ~$12.7M special dividend in Q1.
- CEO states retail store sales ahead of prior year; online shipments disrupted by move, but Q4 outlook solid.

## SEC filing metadata
- accession: 0001140361-25-041397
- form_type: 8-K
- ticker: TLF
- cik: 0000909724
- company_name: TANDY LEATHER FACTORY INC
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909724/000114036125041397/0001140361-25-041397-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909724/000114036125041397/ef20058649_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-041397
- JSON: https://secwatch.observer/filing/0001140361-25-041397.json
- Plain text: https://secwatch.observer/filing/0001140361-25-041397.txt

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