Tandy Leather Factory Reports February 2012 Retail SSS Up 20% Over February 2011
Tandy Leather Factory (Nasdaq: TLF) reported today that sales for the month of February were $5.8 million, up 15% compared to February 2011 sales of $5.1 million. Year to date sales are up 17% to $11.9 million in the current year from $10.2 million last year.
Retail Leathercraft's sales rose 20% to $3.4 million compared to February 2011 sales of $2.8 million. The 76 comparable stores' sales were up 20% compared to the same period last year. The one store opened since February 2011 added February sales of $33,000. Year-to-date sales for Retail Leathercraft are $6.6 million this year, a 19% increase over sales of $5.6 million for the same period of 2011. As of the end of February, the 76 comparable stores' sales were up 18% compared to sales reported for the same period in 2011.
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