secwatch.observer — SEC 8-K summary
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Issuer:     TANDY LEATHER FACTORY INC (TLF)
CIK:        0000909724
Form:       8-K
Filed at:   2026-05-11T20:15:32+00:00
Accession:  0001140361-26-020562
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tandy Leather Q1 2026 rev $19.7M (+3.2%); EPS $0.03 vs $1.35 prior (incl HQ sale)
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909724/000114036126020562/0001140361-26-020562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909724/000114036126020562/ef20072747_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-020562

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer