Tandy Leather Factory, Inc. announced financial results for Q3 2025, with revenues at $17.3 million, a slight decrease from 2024. Operating loss was $0.7 million, net loss was $1.4 million, and gross margins improved to 58.9%. The company ended the quarter with $12.0 million in cash and cash equivalents.

CEO Johan Hedberg stated that despite disruptions from moving headquarters, sales were in line with last year. Retail store sales exceeded last year’s, with online sales impacted by the move. With operations now settled, a strong fourth quarter is expected in both retail and online channels.

Adjusted EBITDA is a non-GAAP financial measure used to compare operating performance. The Company’s net loss for Q3 2025 was $1.4 million, with adjusted net loss at $0.6 million. Adjusted EBITDA from operations was ($0.4) million. The company believes this measure helps investors evaluate performance.

Tandy Leather Factory is a specialty retailer based in Fort Worth, Texas, offering leather products, tools, hardware, and more. With 101 stores in the US, Canada, and Spain, the company’s common stock trades on Nasdaq under “TLF.” For more information, contact Johan Hedberg at (817) 872-3200 or [email protected].

Investors can send questions to the company’s investor relations hotline. Forward-looking statements in the news release caution of potential risks and uncertainties that could affect future outcomes. Factors include economic conditions, consumer spending trends, and changes in customer preferences. The company does not intend to update these statements unless required by law.

Read more at GlobeNewswire: Tandy Leather Factory Reports Third Quarter 2025 Results