Tandy Leather Factory May sales $6.1 millionStaff writer ▼ | June 5, 2015
Tandy Leather Factory announced that sales for the month of May were $6.1 million, down 5% compared to May 2014 sales of $6.4 million.
Tandy Leather Factory Sales down 5% compared
Retail Leathercraft’s sales fell 3% to $3.8 million compared to May 2014 sales of $3.9 million. The 80 comparable stores’ sales were down 4% compared to the same period last year. The two stores opened since May 2014 added May sales of $58,000.
Year-to-date sales for Retail Leathercraft are $21.7 million this year, a 5% increase over sales of $20.6 million for the same period of 2014. As of the end of May, the 79 comparable stores’ sales were up 4% compared to sales reported for the same period in 2014.
Wholesale Leathercraft posted sales of $2.0 million for May, down 5% from May 2014 sales of $2.1 million. Within the Wholesale Leathercraft division, same store sales were down 3%.
For the year to date, Wholesale Leathercraft sales are $11.2 million, decreasing 2% from sales of $11.4 million for the same period a year ago. As of the end of May, the wholesale same store sales were up 3% compared to the same period last year.
International Leathercraft reported May sales of $271,000, down 27% compared to May 2014 sales of $369,000. For the year to date, International Leathercraft sales were $1.5 million compared to $1.7 million in 2014, down 11%.
All three stores in the segment have been opened for both periods, so same store sales for the month were the same as the segment’s sales. ■