Tandy Leather reports September sales down 5%
Tandy Leather Factory reported that sales for the month of September were $6.1M, down 5% compared to September 2015 sales of $6.5M. Retail Leathercraft's sales decreased 3% to $4.0M compared to September 2015 sales of $4.1M. The 80 comparable stores' sales were down 2% compared to the same period last year. Wholesale Leathercraft posted sales of $1.8M for September, down 9% compared to September 2015 sales of $2.0M. Within the Wholesale Leathercraft division, same store sales were down 7%. International Leathercraft reported September sales of $312,000, down 3% compared to September 2015 sales of $321,000. SSS decreased 18%, with the one new store opened in October 2015 adding September sales of $49,000.