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Tandy Leather Factory lost $1.4M in Q3 2025, up from $0.1M a year earlier, despite stronger margins and cash reserves.
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.
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.
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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Tandy Leather Factory perdió 1,4 millones de dólares en el tercer trimestre de 2025, frente a los 0,1 millones de dólares del año anterior, a pesar de los márgenes y las reservas de efectivo más sólidos.