---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-043052"
form_type: "8-K"
ticker: "TLF"
cik: "0000909724"
company_name: "TANDY LEATHER FACTORY INC"
filed_at: "2026-11-10T21:44:20+00:00"
generated_at: "2026-11-10T21:45:04.619088+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Tandy Leather Q3 2026 revenue up 7.3% to $18.5M; net income $0.5M vs $1.4M loss

## Summary
- Revenue $18.5M vs $17.3M in Q3 2025; gross profit $11.6M vs $10.2M, gross margin 62.4% vs 58.9%.
- Net income $0.5M vs $1.4M net loss a year ago; EPS $0.06 vs $(0.17); operating income $0.6M, up 181.9%.
- Adjusted EBITDA of $0.9M; cash $5.7M at Sept 30, 2026, down from $16.1M at Dec 31, 2025.
- Cash decline includes $6.0M in Q1 2026 dividends and ~$4.4M for inventory build, a new POS system and new stores.
- CEO Johan Hedberg cites growth in retail and e-commerce; new stores opened in Waco, Texas and Charleston, South Carolina.

## SEC filing metadata
- accession: 0001140361-26-043052
- form_type: 8-K
- ticker: TLF
- cik: 0000909724
- company_name: TANDY LEATHER FACTORY INC
- filed_at: 2026-11-10T21:44:20+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909724/000114036126043052/0001140361-26-043052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909724/000114036126043052/ef20085096_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-043052
- JSON: https://secwatch.observer/filing/0001140361-26-043052.json
- Plain text: https://secwatch.observer/filing/0001140361-26-043052.txt

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