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flag Tandy Leather Factory lost $1.4M in Q3 2025, up from $0.1M a year earlier, despite stronger margins and cash reserves.

flag Tandy Leather Factory reported a net loss of $1.4 million for the third quarter of 2025, up from $0.1 million a year earlier, with revenue slightly declining to $17.3 million. flag The company saw improved gross margins and increased cash reserves to $12.0 million, driven by proceeds from the sale of its corporate headquarters, though a special dividend and relocation costs impacted liquidity. flag Despite temporary disruptions in online shipping following a move of its headquarters and distribution center, retail sales outperformed the prior year, and the company expressed confidence in a strong fourth quarter.

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