{"id":11856,"date":"2022-01-06T08:07:17","date_gmt":"2022-01-06T08:07:17","guid":{"rendered":"https:\/\/www.aplf.com\/2022\/01\/06\/united-states-of-america-tandy-leather-factory-returns-to-current-financial-reporting\/"},"modified":"2022-01-06T08:07:19","modified_gmt":"2022-01-06T08:07:19","slug":"united-states-of-america-tandy-leather-factory-returns-to-current-financial-reporting","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hans\/2022\/01\/06\/united-states-of-america-tandy-leather-factory-returns-to-current-financial-reporting\/","title":{"rendered":"United States of America &#8211; Tandy Leather Factory returns to current financial reporting"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11856\" data-post-id=\"11856\" data-obj-id=\"11856\" class=\"elementor elementor-11856 dce-elementor-post-11856 elementor-11845\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>6 January 2022<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f231751 elementor-widget elementor-widget-heading\" data-id=\"f231751\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"\">United States of America - Tandy Leather Factory returns to current financial reporting<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a08a724 elementor-widget elementor-widget-text-editor\" data-id=\"a08a724\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The U.S.-based retailer and wholesale distributor of a range of leather and leathercraft related items has reported its third quarter results for the 2021 financial year after filing Form 10-Q with the Securities and Exchange Commission and returning to current public financial reporting, reports <a href=\"https:\/\/internationalleathermaker.com\/\" target=\"_blank\" rel=\"noopener\">ILM<\/a>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-11847\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2022\/01\/Tandy-Leather.jpg\" alt=\"\" width=\"360\" height=\"360\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2022\/01\/Tandy-Leather.jpg 360w, https:\/\/www.aplf.com\/wp-content\/uploads\/2022\/01\/Tandy-Leather-300x300.jpg 300w\" sizes=\"(max-width: 360px) 100vw, 360px\" \/><\/p>\n<p>Sales for the third quarter stood at US$19.3 million, up from US$16 million in 2020, while operating expenses were US$11.1 million compared to US$10.5 million in 2020. Net income for the quarter was $16,000, an increase on a net loss of US$1 million in the previous year. As of September 30, 2021, the company held US$6.1 million of cash and cash equivalents, versus US$10.3 million as of December 31, 2020.<\/p>\n<p>Janet Carr, Chief Executive Officer of Tandy Leather Factory, said: &#8220;With the filing of our Form 10-Q for the third quarter, we are at last current again in our public financial reporting. Regular trading in our stock can now resume, and we are already applying for relisting on the Nasdaq.<\/p>\n<p>\u201cHaving current financial information also unlocks the door to us resuming strategic repurchases of our common stock on the open market (we just completed an off-market repurchase of 212,690 shares at US$5.00 per share) and obtaining new lines of credit for working capital. This has been a long road for Tandy and our shareholders, and we are thrilled to be able to make this announcement.&#8221;.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-516b9ba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"516b9ba\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b6081fe\" data-id=\"b6081fe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8d853ad elementor-widget elementor-widget-spacer\" data-id=\"8d853ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>6 January 2022 United States of America &#8211; Tandy L&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hans\/2022\/01\/06\/united-states-of-america-tandy-leather-factory-returns-to-current-financial-reporting\/\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">United States of America &#8211; Tandy Leather Factory returns to current financial reporting<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-11856","post","type-post","status-publish","format-standard","hentry","category-industry-news-sc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>United States of America - Tandy Leather Factory returns to current financial reporting - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hans\/2022\/01\/06\/united-states-of-america-tandy-leather-factory-returns-to-current-financial-reporting\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United States of America - Tandy Leather Factory returns to current financial reporting - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"6 January 2022 United States of America &#8211; 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