trending Market Intelligence /marketintelligence/en/news-insights/trending/ZF7yz4N7NYVmHmgOcXPVxQ2 content esgSubNav
In This List

Tandy Leather Factory Q1 profit falls YOY

Case Study

A Sports Team Navigates Business Through Disruptive Times

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023


Tandy Leather Factory Q1 profit falls YOY

Tandy Leather Factory Inc. said its normalized net income for the first quarter came to 15 cents per share, an increase from 14 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.5 million, a decline from $1.5 million in the year-earlier period.

The normalized profit margin dropped to 7.1% from 7.1% in the year-earlier period.

Total revenue came to $20.7 million, compared with $20.8 million in the year-earlier period, and total operating expenses came to $18.3 million, compared with $18.4 million in the prior-year period.

Reported net income rose 8.5% year over year to $1.6 million, or 16 cents per share, from $1.4 million, or 14 cents per share.