Tandy Leather Factory, Inc. August 2010 Sales Up 7% Over August 2009 (TLF)

Tandy Leather Factory, Inc. TLF reported today that sales for the month of August were $4.4 million, up 7% from $4.1 million in August 2009. Year to date sales are up 8% to $37.9 million in the current year compared to $35.0 million last year. Retail Leathercraft's sales rose 10% to $2.3 million compared to August 2009 sales of $2.1 million. The 75 comparable stores' sales were up 9% for the month compared to the same period last year. The one store opened since August 2009 added August sales of $12,000. Year-to-date sales for Retail Leathercraft are $20.1 million this year, a 15% increase over sales of $17.5 million for the same period of 2009. For the year, the 74 comparable stores' sales were up 13% compared to sales reported for the same period in 2009. Wholesale Leathercraft posted sales of $2.0 million for August, up 6% from August 2009 sales of $1.9 million. International Leathercraft's sales rose 1% to $115,000 in the current month compared to August 2009 sales of $113,000. Year-to-date sales are $1.0 million this year, a 27% increase over sales of $820,000 for the same period of 2009.