earnings
confidence high
sentiment neutral
materiality 0.55
Tandy Leather Q1 2026 rev $19.7M (+3.2%); EPS $0.03 vs $1.35 prior (incl HQ sale)
TANDY LEATHER FACTORY INC
2026-Q1 EPS reported
$0.03
revenue$19,652,000
- Revenue $19.7M (+3.2% YoY); net income $0.2M vs $11.6M prior (sale of HQ included in prior year).
- Gross margin improved to 61.0% from 56.3% driven by pricing changes.
- Operating income $0.4M vs $0.3M; operating expenses rose 11.2% to $11.6M on comp, tech, occupancy.
- Cash $10.1M, down from $16.1M a year earlier; paid special dividend of $0.75/share (~$6.1M) in Q1.
- EBITDA from operations $0.7M; diluted EPS $0.03 vs $1.35 prior (year-ago included HQ sale gain).