FORT WORTH, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ:TLF) today announced the Company's financial results for the fourth fiscal quarter and full year 2024. Highlights from 2024: Revenues were $74.4 million, down 2.4% from 2023Generated operating income of $0.6 millionNet income of $0.8 million, down from $3.8 million in 2023Gross margins of 56.2%, down from 59.2% in 2023Operating expenses $41.2 million, up 1.0% from 2023Adjusted EBITDA* of $2.6 millionEnded year with $13.3 million of cash and cash equivalents Tandy Leather Factory's fourth quarter sales were $20.5 million in 2024, down from $20.8 million in 2023. Fourth quarter 2024 gross profit was $

FORT WORTH, Texas, Jan. 31, 2025 (GLOBE NEWSWIRE) -- On January 29, 2025, Tandy Leather Factory, Inc. ((the "Company", NASDAQ:TLF) announced that its Board of Directors had declared the payment of a special cash dividend to its stockholders of $1.50 per share of common stock held. The dividend will be paid on or about February 18, 2025. Because the dividend amount is more than 25% of the current market price of the Company's common stock, the ex-dividend date will be February 19, 2025, in accordance with Nasdaq UPC Rule 11140. On that date, the Company's common stock will begin trading without the right to receive the special dividend, and the price will be adjusted accordingly. Tand

FORT WORTH, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. ((the "Company", NASDAQ:TLF) today announced that it had closed on the sale of its corporate headquarters facilities, including its primary distribution center and flagship retail store, to Colonna Brothers, Inc. Concurrently with the closing, the Company entered into lease agreements to remain in its current spaces until approximately September 2025. The Company is continuing to seek a new location for its Fort Worth flagship store, which remains open at its current site. The Company also announced that on January 28, 2025, it entered into a ten-year lease for new headquarters and distribution space at Chiso

FORT WORTH, Texas, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. ((the "Company", NASDAQ:TLF) today announced it has appointed Johan Hedberg as its new Chief Executive Officer and a member of the Board of Directors, effective as of Monday, January 6. Mr. Hedberg will replace Janet Carr, who will remain with the Company for transition through March 2025. Mr. Hedberg brings more than 30 years of wholesale and retail leadership experience, most recently as Chief Sales Officer and President, Americas, of Fiskars Group, after serving as SVP Global Sales and then Global Chief Sales Officer there. Before Fiskars, he served at Thule Group as VP of Sales and Marketing. Jeff Gramm,

FORT WORTH, Texas, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. ((the "Company", NASDAQ:TLF) today announced that it had signed a Purchase and Sale Agreement to sell its corporate headquarters facilities, including its primary distribution center and flagship retail store, to Colonna Brothers, Inc. The sale price for the facilities, before taxes and expenses, will be $26.5 million, and the transaction is expected to close in January 2025. Upon the closing, the Company intends to enter into lease agreements to remain in its current spaces until approximately September 2025, while it identifies and prepares to move to new facilities in the Fort Worth, Texas area. Jeff Gramm

JCP Investment Management, LLC and Jumana Capital, LLC Invest An Additional $8.3 Million to Pay Down Debt and Support Strategy, Demonstrating Long-term Commitment to Brand James C. Pappas and Christopher Martin added to Board of Directors Enters into Agreement with JCP Investment Management, LLC and Jumana Capital, LLC ENGLEWOOD, Colo., Dec. 3, 2024 /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that affiliates of JCP Investment Management, LLC ("JCP") and Jumana Capital, LLC ("Jumana") invested an addi

FORT WORTH, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ:TLF) today announced the Company's financial results for the third fiscal quarter of 2024. Highlights from Third Quarter 2024: Revenues were $17.4 million, down 1.1% from 2023Operating loss of $0.3 millionNet loss of $0.1 million, down from net income of $0.6 million in 2023Gross margins of 57.8%, down from 62.4% in 2023Operating expenses $10.3 million, up 2.3% from 2023Adjusted EBITDA* of $0.2 millionEnded quarter with $10.1 million of cash and cash equivalents Tandy Leather Factory's third quarter sales were $17.4 million in 2024, down from $17.5 million in 2023. Third quarter 2024 gross profit wa

Enhances board composition with additional qualifications and experience D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today that its Board of Directors (the "Board") has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024. As part of the Company's succession planning and commitment to ensuring strong Board composition, the three newly appointed directors each bring valuable experience and insight to the D.R. Horton Board. Each appointee has an excellent professional resume that adds to the qualifications, experiences and characteristics of the Company's current Board composition. Ms. Smith was named

FORT WORTH, Texas, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ:TLF) today announced the Company's financial results for the second fiscal quarter of 2024. Highlights from Second Quarter 2024: Revenues were $17.3 million, down 1.1% from 2023Generated operating income of $63,000Net income of $0.1 million, down from $0.5 million in 2023Gross margins of 58.0%, down from 62.5% in 2023Operating expenses $10.0 million, down 1.7% from 2023Adjusted EBITDA* of $0.8 millionEnded quarter with $11.5 million of cash and cash equivalents Tandy Leather Factory's second quarter sales were $17.3 million in 2024, down from $17.5 million in 2023. Second quarter 2024 gross profit w

FORT WORTH, Texas, May 10, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (NASDAQ:TLF) today announced the Company's financial results for the first fiscal quarter of 2024. Highlights from First Quarter 2024: Revenues were $19.3 million, down 5.3% from 2023Generated operating income of $0.7 millionNet income of $0.5 million, down from $0.7 million in 2023Gross margins of 56.7%, down from 58.1% in 2023Operating expenses $10.3 million, down 5.2% from 2023Adjusted EBITDA* of $1.1 millionEnded quarter with $12.3 million of cash and cash equivalents Tandy Leather Factory's first quarter sales were $19.3 million in 2024, down from $20.4 million in 2023. First quarter 2024 gr