Tandy Leather Factory, Inc.
TLF · Price history
Price at last available close
$2.28
−$0.31 (-11.97%) 1M
2026-10-27
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Company & revenue
About Tandy Leather Factory, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Tandy Leather Factory, Inc., along with its subsidiaries, operates as a specialized retail provider of leather and various leathercrafting supplies. The company's operations extend across North America and into Spain. It furnishes customers with a broad range of products, including raw leather, specialized hand tools, essential hardware, crafting kits, liquid treatments, instructional materials, access to open workbenches, machinery, and a wide selection of related accessories and components.
How they make money
Tandy Leather Factory, Inc. operates as a specialty retailer of leather and leathercraft-related items. The company generates revenue through three primary channels: retail store sales, e-commerce web sales, and direct sales to commercial business customers, while also providing production services such as leather cutting and assembly.
Products & services
The company sells leather, tools, hardware, kits, machines, and supplies for leatherworking, and provides production services including clicking, splitting, and assembly.
Brands & revenue mix
Primary brand used for retail stores and leathercraft products.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
- Unnamed — The company sources merchandise from various suppliers to maintain its inventory of leather, tools, and kits, but does not publicly name specific suppliers in its annual filings.Source
Strengths
Sources
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Opportunity Score is currently unavailable; Wall Street Score remains independently validated.
The unavailable Opportunity Score is a separate model output. It must not be substituted with zero or inferred from the company score.
Total debt increased 148.2% versus the same quarter last year.
Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
28
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
36
Poor
Financial Strength
26
Business Quality / Moat
62
Management
0
Growth Quality
40
Risk / Durability
64
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
- •Asset quality scores strongly
- •Recent buyback activity is present
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for TLF
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can TLF maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can TLF fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is TLF's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What specifically needs to improve for TLF to reach sustainable profitability?
- •What future growth or profitability would be needed to justify TLF's current valuation?
Essential Investment Snapshot
Wall Street Score
28
Market Cap
$18.7M
P/E Ratio
-11.1
EPS
$-0.21
52-Week High
$3.36
52-Week Low
$2.09
Beta
0.60
Shares Outstanding
8.3M
Total Revenue
$77.2M
Total Debt
$28.3M
Dividend Yield (TTM)
32.89%
Liquidation Value / Share
$5.68
Dividend / Share (TTM)
$0.75
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TLF
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total callsNo personal call yet on TLF.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Over 100 years of experience in the leathercraft industry.
- +Established brand recognition with Tandy and Tandy Leather trademarks.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Specialty Retail industry.
- −Dependence on retail store performance and e-commerce traffic.
- −Risks associated with lease obligations for retail and distribution facilities.
- −Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
3 historical score records availablePrevious Score
27
Oct 1, 2026
Change
+0.2
points
Current Score
28
Oct 22, 2026
Category Changes
TLF increased 0.2 points because Capital improved by 2 points.
Positive Contributors
- + Capital improved by 2 points
Projected Score
Projected Score
22
Projected Change
-6.0 points
Preliminary comparable-period financial changes suggest decline of approximately 6.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$2.28
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77.2M | $76.3M | $74.4M | $76.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $32.9M | $32.8M | $32.6M | $31.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $44.3M | $43.5M | $41.8M | $45.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $10.0M | $0.00 | $40.0M | $39.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $44.6M | $44.5M | $41.2M | $40.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $4.8M | $18.5M | $5.8M | $9.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$382K | -$963K | $628K | $4.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$1.9M | $12.3M | $1.1M | $4.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$281K | $3.2M | $264K | $777K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$1.7M | $9.1M | $827K | $3.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.21 | $1.11 | $0.10 | $0.45 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 8.15M | 8.23M | 8.49M | 8.34M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 8.15M | 8.26M | 8.78M | 8.37M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$18.0M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.05
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+148.2%
Cash Change
-60.8%
Margin Change
+3.4 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
What Weakened
- Cash position declined
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, net income margin. Pressure indicators included EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 1.5%. EPS declined 350.0%. Cash declined 60.8%. Total debt increased 148.2%. Net income margin improved by 3.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
3 historical recordsHistorical Score Chart
3 of 3 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · TLF
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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