Welcome to our dedicated page for Tandy Leather SEC filings (Ticker: TLF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Tandy Leather Factory, Inc. (NASDAQ: TLF), a Delaware-incorporated specialty retailer headquartered in Fort Worth, Texas. Through these filings, investors can review how the company reports its financial condition, operations, and significant corporate events.
Core filings for Tandy Leather Factory include annual reports on Form 10-K and quarterly reports on Form 10-Q, which present details on revenues, gross margins, operating income or loss, net income or loss, operating expenses, cash and cash equivalents, inventory levels, and non-GAAP measures such as Adjusted EBITDA. These reports also describe the company’s business as a specialty retailer of leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits, and outline its store footprint across U.S. states, Canadian provinces, and one location in Spain.
Current reports on Form 8-K offer additional insight into material events. Recent 8-K filings for Tandy Leather Factory have furnished earnings press releases for quarterly results and disclosed a stock repurchase agreement to buy back shares of common stock from a shareholder and former executive. Other company announcements, such as the sale of its corporate headquarters facilities and the declaration of a special cash dividend, are also typically reflected in or associated with SEC filings.
On Stock Titan, TLF filings are updated in near real time as they are made available on EDGAR. AI-powered summaries help explain the key points of lengthy documents, highlight important changes from prior periods, and make it easier to understand items such as non-GAAP reconciliations, capital transactions, and material agreements. Users can also review ownership-related filings, such as Form 4 insider transaction reports when available, alongside periodic and current reports to build a more complete view of Tandy Leather Factory’s regulatory disclosures.
Tandy Leather Factory, Inc. filed an amended annual report for the year ended December 31, 2025. The amendment is solely to add its Executive Compensation Recovery Policy (clawback policy) as Exhibit 97.1, as required by Rule 10D-1 and Nasdaq listing standards.
The amendment does not change any financial statements or other disclosures in the original annual report and should be read together with that filing. Non‑affiliate common stock had an aggregate market value of $15,907,771 at December 31, 2025, and 8,072,875 shares were outstanding as of February 19, 2026.
Tandy Leather Factory reported significantly stronger results for 2025, with full-year sales of $76.3 million, up from $74.4 million, and net income rising to $9.1 million from $0.8 million. Earnings reached $1.10 per basic and diluted share, compared with $0.04 a year earlier.
Fourth quarter 2025 sales grew to $22.2 million from $20.5 million, while gross profit increased to $12.1 million from $10.8 million. Cash and cash equivalents were $16.1 million as of December 31, 2025, helped by the sale of the former headquarters, after which the company paid a special dividend of approximately $12.7 million and incurred relocation-related costs.
Gross profit for the year was $43.5 million, or 57.0% of sales, versus $41.8 million, or 56.2%, in 2024, while operating expenses increased to $44.5 million from $41.2 million. Management highlighted sales growth, margin improvement, the $0.75 per share special dividend, and a focus on returning to operating profitability in 2026.
Tandy Leather Factory reported 2025 net sales of $76.3 million, up 2.6% from 2024, with gross margin improving to 57.0% from 56.2%. Despite a small operating loss of $1.0 million, the company earned net income of $9.1 million, driven by a $16.2 million gain on the sale of its corporate headquarters.
The company paid a $1.50 per share special cash dividend totaling $12.7 million and repurchased 430,897 shares from its former CEO at $3.00 per share, while ending the year with $16.1 million in cash and no borrowings on its JPMorgan credit facility. Tandy continues to operate 101 stores across the U.S., Canada and Spain, emphasizing its brand strength, specialty positioning in leathercraft, and ongoing multi‑year transformation amid inflation, geopolitical tensions, and rising competition, including from online retailers.
Tandy Leather Factory, Inc. (TLF) filed an 8-K noting it furnished a press release and filed its Form 10-Q announcing financial results for the third quarter of fiscal 2025. The company states the information provided under Item 2.02, including the press release, is furnished and not deemed filed under Section 18 of the Exchange Act.
The filing includes Exhibit 99.1 (Press Release dated November 10, 2025) and Exhibit 104 (cover page interactive data file). TLF’s common stock trades on Nasdaq under the symbol TLF. The report was signed by Chief Executive Officer Johan Hedberg.
Tandy Leather Factory (TLF) reported Q3 2025 results marked by stable sales but softer operating performance as it completed a major real estate transition. Net sales were $17.3 million (down 0.5% year over year). Gross margin improved to 58.9%, yet higher occupancy costs and relocation impacts led to an operating loss of $0.7 million and a net loss of $1.35 million (basic and diluted EPS $(0.17)).
For the nine months, net sales were $54.1 million (up 0.3%), with gross margin at 58.2%. A completed sale of the former headquarters generated a $16.2 million gain, lifting year‑to‑date net income to $10.0 million despite a small operating loss. Cash from the sale ($24.9 million net proceeds) was offset by a $12.7 million dividend and a $1.29 million share purchase from the former CEO; quarter‑end cash was $12.0 million.
The company signed a 10‑year lease for new headquarters effective July 2025, increasing rent expense; it operated 101 stores at quarter‑end. Subsequent to quarter‑end, TLF renewed its credit facility through October 31, 2026 for up to $4.0 million at CME Term SOFR + 210 bps, with no borrowings outstanding.
Tandy Leather Factory, Inc. filed a Form S-8 to register securities for issuance under the Tandy Leather Factory, Inc. 2023 Incentive Stock Plan. The filing incorporates by reference the company’s future reports under Sections 13 and 15(d) of the Exchange Act until a post-effective amendment indicates all securities are sold or deregistered.
The document outlines Delaware law indemnification provisions (DGCL Section 145), the company’s bylaw-based indemnification for directors and officers, and liability limitations in its certificate of incorporation. It also notes that the company maintains D&O insurance and includes standard SEC undertakings. Exhibits include the plan document, legal opinions and consents, and the filing fee table. The registration was executed by CEO Johan Hedberg on October 22, 2025.