Tandy Leather Stock Down 3% as Q1 Earnings Plunge Y/Y

TLF's Q1 2026 EPS declined sharply year over year because the prior-year period included property sale gains, a one-time benefit that did not repeat. Revenue increased 3.2% on improved pricing and stronger gross margins, indicating underlying operating improvement despite the headline EPS decline.

Analysis

TLF's Q1 2026 EPS declined sharply year over year because the prior-year period included property sale gains, a one-time benefit that did not repeat. Revenue increased 3.2% on improved pricing and stronger gross margins, indicating underlying operating improvement despite the headline EPS decline.