The Leather Factory posts record revenues - leatherbiz: Leading news s Leatherbiz

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The Leather Factory posts record revenues

30/03/2004

The Leather Factory, Inc. the US specialty retailer and wholesale distributor of leather and leathercraft products, has announced it recorded best ever revenues during January and February 2004. The strong sales came hot on the heels of the company’s national account renewals with both Michaels Stores and Wal-Mart.

 

Wray Thompson, chairman and CEO said: “Revenues were approximately $8 million, representing an almost 17% increase over the first two months of 2003. With this robust internal growth, combined with our previously stated goal of opening 10 to 15 new retail stores in 2004, we believe our previously announced revenue and earnings guidance are solidly on track for 2004.”

 

 



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