Tandy Leather returns to sales growth in FY2025; pays special dividend of $0.75

TANDY LEATHER FACTORY INC

2025-FY EPS reported $1.10 revenue$76,324,000

FY2025 revenues $76.3M, up 2.6% YoY; operating loss $1.0M vs income $0.6M in 2024.
Net income $9.1M includes net proceeds from HQ sale; adjusted EBITDA from operations $0.6M.
Q4 revenues $22.2M, up from $20.5M; gross margin improved to 57.0% from 56.2%.
Paid $0.75 special dividend in Feb 2026; cash $16.1M, up from $13.3M (net of ~$12.7M payout).
Operating expenses up 8.1% to $44.5M due to relocation and employee bonuses; targeting operating profitability in 2026.

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