Tandy Leather Factory key sales figure climbs 2 percent in July

MarketsAssociated Press

Tandy Leather Factory Inc. said Thursday that its July sales at retail stores open at least a year climbed 2 percent.

This metric is a key indicator of a retailer's health because it excludes results from locations recently opened or closed.

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Total revenue rose 1 percent to $6.6 million.

For the year to date, sales at retail stores open at least a year increased 4 percent.

Year-to-date revenue for the Fort Worth, Texas company increased 3 percent to $44.3 million.

Tandy Leather Factory offers leather products and related goods at 29 Leather Factory stores in 19 states and three Canadian provinces, 80 Tandy Leather retail stores in 36 states and six Canadian provinces and three combination wholesale/retail stores in the U.K., Australia, and Spain.