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Tandy Leather Factory, Inc. Message Board

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  • bottomsupinvestor bottomsupinvestor Mar 9, 2010 10:11 AM Flag

    On the Move

    Yes. It wasn't that long ago in 2007 that this thing was selling for $8/share. Earnings were not much different then. The outlook now is very good. They have even been posting good results during a rough econonmy.

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    • bottoms, do you have any insight into what is driving the great sales? any change in items sold? I've never been in a TLF store.

      • 1 Reply to algo41
      • Howdy Algo,

        No, I do not have any special info on this company and never have been in a store. To me, it seems like they have a very nice specialty niche where folks don't mind spending a little on their hobby especially when the result is in a material item to use or give as a gift. International seems like a great opporturnity for expansion. Listening to the CCs, I learned a little about their philosophy on store management and think their selectivity with managers and high influence of bonus pay as a key factor to their success. Overall the numbers look good and valuation is still very reasonable.

 
TLF
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