Bullboard - Stock Discussion Forum Tandy Leather Factory Inc TLF

Consumer Cyclical

Tandy Leather Factory, Inc. is a specialty retailer of leather and leathercraft-related items. The Company's product line includes leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also offers production services to its business customers such as cutting (clicking) and splitting and some... see more

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Tandy Leather Factory Inc > Results out on SEDAR

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Post by mjh9413 on Aug 30, 2006 11:58am

Results out on SEDAR

A quick look shows loss of $44,000 versus last year's loss of $1.2million (excl.one-time gains). Looks fairly clean for going forward although it would have been nice to show a profit, even a teeny one, this qtr. Will read in depth but I remain long.

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Comment by TheRock17 on Aug 30, 2006 5:07pm

This is their weakest quarter, yet they had about $550,000 in cash flow and about $3.5 million for the first half..about $0.15 per share. Net earnings for the first half were $0.05 per share. Q3 and Q3 should be much stronger and should see cash flows for the full year approaching $8 million or $0.40 per share. Net earnings should be in the $0.11 to $0.14 range, based on historical rev ...more

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Tandy Leather Factory Inc