“Tandy's same store sales gain for the quarter was almost 6%. Several of our wholesale centers have really struggled this quarter due to customer resistance to price increases in some of our leathers. Even so, our wholesale centers ended the year with a 2.4% sales gain, which falls in line with our expectations."
"Our National Account group had a poor December, but the majority of the loss is due to the timing of orders this year compared to last year. One of the accounts in particular is in the re-set process a month earlier than last year. We should see a stronger performance from this group in January."
Tandy Leather Factory Inc
marketing@alchempro.com
