Sector: Consumer Cyclicals | Industry: Textiles & Leather Goods |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1900 SE Loop 820 FORT WORTH TX 76140-1003 |
Tel: | 1-817-8723200 |
Website: | https://tandyleather.com |
IR: | See website |
Key People | ||
Jefferson P. Gramm Chairman of the Board, Independent Director | Janet A. Carr Chief Executive Officer, Director |
Business Overview |
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 assembly. It distributes product under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro and Dr. Jackson's brands, along with its premium TandyPro line of products. It operates a production facility in Fort Worth, Texas. The Company sells its products through Company-owned stores and through orders generated from its global websites, and through direct account representatives in its commercial division. The Company distributes its products through its approximately 101 North American stores located in 40 states in the United States and six Canadian provinces, and one store located in Spain. |
Financial Overview |
For the fiscal year ended 31 December 2023, Tandy Leather Factory Inc revenues decreased 5% to $76.2M. Net income increased from $1.2M to $3.8M. Revenues reflect United States segment decrease of 6% to $67.7M, Canada segment decrease of 1% to $7.3M. Net income reflects Operating expenses decrease of 10% to $40.8M (expense), Other, net increase from $11K to $42K (income). |
Employees: | 389 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $26.14M as of Dec 31, 2023 |
Annual revenue (TTM): | $76.23M as of Dec 31, 2023 |
EBITDA (TTM): | $5.61M as of Dec 31, 2023 |
Net annual income (TTM): | $3.77M as of Dec 31, 2023 |
Free cash flow (TTM): | $3.96M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 8,399,245 as of Mar 22, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |