This group did achieve a sales gain for the month of June, however, a sign that they are making some progress in the efforts to get them back on a positive track. All segments contributed to the increase in operating income of 55 percent and 25 percent for the second quarter and year, respectively. Based on their results for the first half of the year, we're raising their 2005 earnings guidance to 30 cents to 34 cents."
Texas located Tandy Leather Factory Inc is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits.
Tandy Leather Factory Inc