Tandy Leather Factory (TLF) reported third-quarter 2026 revenue of $18.5 million, up 7.3% from $17.3 million a year earlier. Net income was $0.5 million, compared with a $1.4 million net loss in the prior-year quarter.
Basic and diluted net income was $0.06 per share, compared with a basic and diluted loss of $0.17 per share a year earlier. The company reported operating income of $0.6 million and adjusted EBITDA of $0.9 million.
- Gross profit rose to $11.6 million from $10.2 million.
- Gross margin was 62.4%, compared with 58.9% in 2025.
- Cash and cash equivalents totaled $5.7 million as of September 30, 2026.
- The company opened a store in Charleston, South Carolina during the quarter.
- Tandy Leather Factory operates 102 stores, including 93 in the U.S., eight in Canada and one in Spain.
$TLF Hedge Fund Activity
We have seen 6 institutional investors add shares of $TLF stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VALUES FIRST ADVISORS, INC. added 57,345 shares (+inf%) to their portfolio in Q3 2026, for an estimated $143,047
- UBS GROUP AG added 13,632 shares (+inf%) to their portfolio in Q3 2026, for an estimated $34,005
- RENAISSANCE TECHNOLOGIES LLC added 10,212 shares (+61.1%) to their portfolio in Q2 2026, for an estimated $23,793
- GEORGE KAISER FAMILY FOUNDATION added 2,300 shares (+5.6%) to their portfolio in Q2 2026, for an estimated $5,359
- GEODE CAPITAL MANAGEMENT, LLC removed 1,257 shares (-5.0%) from their portfolio in Q3 2026, for an estimated $3,135
- NUVEEN, LLC added 1,154 shares (+inf%) to their portfolio in Q3 2026, for an estimated $2,878
- TOWER RESEARCH CAPITAL LLC (TRC) removed 689 shares (-31.8%) from their portfolio in Q2 2026, for an estimated $1,605
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
