Sales rise 17% at Tandy Leather Factory
Tandy Leather Factory has posted sales of $5.4 million for March, up 17% compared with March 2009. Year-to-date sales are up 9% to $14.6 million compared with $13.4 million last year.
Retail Leathercraft sales rose 22% to $2.8 million compared with March 2009 sales of $2.3 million. Year-to-date Retail Leathercraft sales are $7.6 million, a 15% increase over sales of $6.6 million for the same period in 2009.
Wholesale Leathercraft posted sales of $2.4 million for March, up 12% from March 2009 sales of $2.1 million. For the year to date, Wholesale Leathercraft sales are $6.6 million compared with $6.3 million in 2009, up 5%.
International Leathercraft's sales rose 59% to $153,000 in March from $96,000 last March. Year-to-date sales are $381,000 this year, a 30% increase over sales of $293,000 for the same period in 2009. International Leathercraft consists of one store located in the UK.
Chief executive officer and president, Jon Thompson, commented: "Our sales results are definitely headed in the right direction so far this year with each month building on the month before. We have said numerous times that creating new customers and servicing existing ones when business is down will pay off eventually. I am pleased to see those efforts on the part of store personnel over the last year or so paying off now with great sales results."
