"The Wholesale Leathercraft division is where we have really struggled this year and I'm glad to see such a strong performance from them. The key will be to continue to build on the momentum from July."
Shannon Greene, Chief Financial Officer, added, "We are not pleased with our second quarter earnings. We didn't tighten up enough on expenses to match the sales."
"However, if July is any indication of our performance in the last half of the year, I believe we can make up some of the weakness in sales and earnings from the first half. We will certainly be focusing our efforts toward that end."
Tandy Leather Factory Inc