Tandy Leather Factory (NASDAQ:TLF – Get Free Report) issued its quarterly earnings data on Tuesday. The textile maker reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05), FiscalAI reports. The business had revenue of $18.52 million for the quarter, compared to analyst estimates of $23.89 million. Tandy Leather Factory had a negative return on equity of 3.31% and a negative net margin of 2.14%.
Tandy Leather Factory Stock Performance
NASDAQ TLF traded down $0.04 during trading hours on Tuesday, reaching $2.08. 62,120 shares of the company’s stock were exchanged, compared to its average volume of 34,401. The company has a market capitalization of $17.04 million, a price-to-earnings ratio of -12.23 and a beta of 0.60. The company’s 50-day moving average is $2.46 and its two-hundred day moving average is $2.47. Tandy Leather Factory has a one year low of $1.77 and a one year high of $3.36.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Tandy Leather Factory in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Tandy Leather Factory currently has an average rating of “Sell”.
Read Our Latest Analysis on Tandy Leather Factory
Tandy Leather Factory Company Profile
Tandy Leather Factory, Inc. is a specialty retailer and distributor of leathercraft supplies. The company serves hobbyists, artisans, small businesses and other customers who create or repair leather goods. Its products include leather hides and sides, leatherworking tools, hardware, dyes, finishes, lacing, adhesives, kits and related craft materials. Tandy also provides instructional resources and project-oriented supplies designed for customers with a range of experience levels. Founded in 1919, the company has operated through a network of retail stores and direct-to-consumer channels, including its online platform and catalog operations.
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