US specialty retailer and wholesale distributor of leather and leather products, The Leather Factory, Inc., has reported record earnings for the first quarter of 2005. Net income for the quarter ended March 31, 2005 was $1.0 million, an 8% increase from $971,000 for the first quarter of 2004. Total sales for the first quarter were $12.7 million, up 4% from $12.2 million in the same period in 2004.

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