US specialty retailer and wholesale distributor of leather, leatherworking tools, leather dyes and finishes, saddle and tack hardware Tandy Leather Factory, Inc. has reported slightly improved results for the first quarter of 2007. Net income remained flat at $1.3 million, whilst total sales edged higher to $14.5 million, up slightly from the $14.4 million posted in the same quarter of 2006.