They reached the 2005 revenue target they had announced and believe they will make their earnings estimate of 33 to 35 cents for the year as well.
Their National Account group posted another month of sales gains and the wholesale centers ended the year with revenue growth in line with their expectations.
As previously discussed, 2005 sales for the National Account group were lower than in 2004, but they have made tremendous progress with the group and expect positive sales reports in 2006.
The Tandy stores were solid revenue producers in December and they expect continued success as they begin 2006."
Headquartered in Fort Worth, Texas, Tandy Leather Factory Inc is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, belt buckles and adornments, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits.