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Tandy Leather June sales figure up 7 percent

FORT WORTH, Texas (AP) -- Tandy Leather Factory Inc. said Thursday that a key revenue measurement grew 7 percent in June.

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 June sales also rose 7 percent, to $5.9 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 10 percent to $38.3 million.

Shares of Tandy Leather Factory slipped 10 cents to $8.38 in morning trading.