Tandy targets “strong finish” to 2016

02/12/2016
Leather and leathergoods retailer Tandy Leather Factory reported sales of $8.4 million in November, a 1% increase year-on-year.

Total sales so far in 2016 are $75.2 million, 2% down on the same period last year.

In November, Tandy’s retail sales increased 1% to $5.4 million, revenue from wholesale was flat at $2.6 million and international sales grew 18% to $387,000.

“Given the retail headwinds we've faced so far this year, we are pleased with November’s sales results, which saw gains across all segments,” said Shannon Greene, Tandy CEO. “As we head into the final month of the year, we are focused on a strong finish to 2016."

Mark Angus, president of Tandy, said December is an important month for the company and that it is working hard to “end the year on a positive note”.