Tandy August sales figure rises 11 percent

Tandy Leather Factory key sales figure up 11 percent in August

Associated Press

FORT WORTH, Texas (AP) -- Tandy Leather Factory Inc. said Thursday that a key revenue measurement grew 11 percent in August.

That figure is considered an important measurement of retailer health because it leaves out results from stores that opened or closed within the last year.

The company said total August sales rose 7 percent to $6.3 million. Tandy runs 78 Tandy Leather stores and 29 Leather Factory stores.

Year-to-date, revenue in retail stores open at least one year rose 13 percent while total sales rose 14 percent to $30.6 million.

Shares of Tandy Leather Factory were steady at $8.57 in midmorning trading.

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