Texas based leading Leatherwear Company Tandy Leather Factory Inc reported financial results for the third quarter of 2005. Consolidated net income for the quarter ended September 30, 2005 was $696,000 compared to consolidated net income of $427,000 for the third quarter of 2004. A fully diluted earnings per share for the quarter was $0.06, compared to $0.04 in the same quarter of last year. Total sales for the quarter ended September 30, 2005 increased 11.3 percent to $11.8 million from $10.6 million for the same quarter last year.
US based Tandy Leather Factory Inc, headquartered in Fort Worth, Texas, 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.
The Company distributes its products as The Leather Factory through its wholesale distribution centers and as Tandy Leather Company through its retail stores.