Tandy Leather reports earnings increase
US-based specialty retailer and wholesale distributor of leather, leatherworking tools, adornments for belts, leather dyes and finishes and saddle and tack hardware Tandy Leather Factory, Inc. has posted improved financial results for the first quarter of 2006. Net income for the quarter ended March 31, was $1.3 million—a 28% increase from the $1 million reported in the first quarter of 2005. Total sales for the first quarter were $14.4 million, up 13% from $12.7 million in the same quarter last year.