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Tandy posts 4Q profit

FORT WORTH, Texas (AP) _ Tandy Leather Factory Inc. (TLF) on Thursday reported fourth-quarter earnings of $2.1 million.

On a per-share basis, the Fort Worth, Texas-based company said it had profit of 23 cents.

The leather goods retailer posted revenue of $24.1 million in the period.

For the year, the company said profit was nearly unchanged at $6.4 million. Annual earnings per share rose to 69 cents from 63 cents. Revenue was reported as $82.9 million.

Tandy shares have declined slightly more than 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.75, a climb of slightly more than 8 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLF at https://www.zacks.com/ap/TLF


Keywords: Tandy Leather, Earnings Report