earnings
confidence high
sentiment positive
materiality 0.60
Tandy Leather Factory Q2 2026 swings to net income of $0.4M; revenue up 1.5%
TANDY LEATHER FACTORY INC
2026-Q2 EPS reported
$0.08
revenue$37,696,000
- Revenue $18.0M, up 1.5% from $17.8M in Q2 2025; gross margin 64.8% vs 59.5%.
- Operating income $0.5M, up 722.9% YoY; net income $0.4M vs net loss ($0.2M) in prior year.
- Diluted EPS $0.05 vs ($0.02) loss per share in Q2 2025; EBITDA from operations $0.9M.
- Cash fell to $6.4M at June 30, 2026 from $16.1M at Dec 31, 2025 due to $6.0M dividends and ~$4.0M for inventory, POS system, and new Waco store.
- CEO cites sales gains across retail and e-commerce, better pricing, and offsetting higher expenses from compensation, POS, loyalty program, and occupancy.