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Tandy Leather Factory Announces New Lease and Dividend
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Tandy Leather Factory Announces New Lease and Dividend

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The latest announcement is out from Tandy Leather Factory ( (TLF) ).

On January 28, 2025, Tandy Leather Factory entered into a commercial lease agreement for new corporate headquarters and a distribution center in Benbrook, Texas, expected to commence in July 2025. The company announced a special dividend and completed the sale of its current headquarters, planning to move operations by September 2025. These strategic moves aim to optimize operations and return value to shareholders, while maintaining its leadership in the leathercraft industry.

More about Tandy Leather Factory

Tandy Leather Factory, Inc., based in Fort Worth, Texas, is a specialty retailer offering a broad range of leather products and tools, including leatherworking tools, buckles and adornments, leather dyes and finishes, saddle and tack hardware, and DIY kits. The company distributes its products through 99 stores across North America and one in Spain, and is listed on the Nasdaq Capital Market under the symbol ‘TLF’.

YTD Price Performance: 5.03%

Average Trading Volume: 18,900

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $36.97M

See more data about TLF stock on TipRanks’ Stock Analysis page.

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