TLFA Tandy Leather Factory

Tandy Leather Factory Appoints Diana Saadeh-Jajeh to its Board of Directors

Tandy Leather Factory Appoints Diana Saadeh-Jajeh to its Board of Directors

FORT WORTH, Texas, April 19, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the appointment of Diana Saadeh-Jajeh to the Company’s Board of Directors. In connection with Ms. Saadeh-Jajeh’s appointment, the Company’s Board is expanding from seven to eight members.

Ms. Saadeh-Jajeh, 54, has served since October 2023 as EVP- Chief Financial Officer and Chief Operating Officer at Ryvid, Inc., a company dedicated to promoting the accessibility of light electric mobility platforms. Prior to Ryvid, she was with GameStop, Inc., a leading specialty retailer in the field of gaming and entertainment, serving as EVP and Chief Financial Officer (July 2022 – August 2023), SVP and Chief Accounting Officer (July 2021 – July 2022 and June 2020 – March 2021) and Interim Chief Financial Officer (March 2021 – July 2021). Prior to GameStop, she was VP-Global Finance Operations and Business Transformation at JUUL Labs, Inc., between November 2018 and January 2020. Ms. Saadeh-Jajeh earned a B.S. in accounting and finance from San Francisco State University and an MBA in electronic business management from Notre Dame de Namur University.

Janet Carr, Chief Executive Officer of the Company, said, “We are excited to have Diana Saadeh-Jajeh join our Board. Diana brings to our Board a wealth of finance and consumer products executive experience, including as a licensed certified public accountant. We expect that following our annual stockholders meeting June 4, Diana will also assume the role of Chair of Tandy’s Audit Committee, replacing Elaine Crowley, who is retiring. Elaine has been a tremendous asset to our Board, capably leading us through the challenges of the last 3 years, and we can’t thank her enough for her service. With Diana’s exemplary experience, we expect a seamless transition.”

Ms. Saadeh-Jajeh commented, “I am honored to join the Board of Tandy Leather Factory, a cornerstone in the Dallas-Fort Worth area for over a century. I look forward to working with the management team and Board members contributing to Tandy’s future success.”

Tandy Leather Factory, Inc., (), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 North American stores located in 40 US states and six Canadian provinces, and one store located in Spain.  Its common stock trades on the Nasdaq Stock Market under the symbol “TLF”. To be included on Tandy Leather Factory's email distribution list, go to: /irpass.asp?BzID=1625&to=ea&s=0.

Contact:  Janet Carr, Tandy Leather Factory, Inc.  (817) 872-3200 or 

This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission.  These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



EN
19/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Tandy Leather Factory

 PRESS RELEASE

Tandy Leather Factory Appoints Diana Saadeh-Jajeh to its Board of Dire...

Tandy Leather Factory Appoints Diana Saadeh-Jajeh to its Board of Directors FORT WORTH, Texas, April 19, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the appointment of Diana Saadeh-Jajeh to the Company’s Board of Directors. In connection with Ms. Saadeh-Jajeh’s appointment, the Company’s Board is expanding from seven to eight members. Ms. Saadeh-Jajeh, 54, has served since October 2023 as EVP- Chief Financial Officer and Chief Operating Officer at Ryvid, Inc., a company dedicated to promoting the accessibility of light electric mobility platforms....

 PRESS RELEASE

Tandy Leather Factory Reports Fourth Quarter and Full Year 2023 Result...

Tandy Leather Factory Reports Fourth Quarter and Full Year 2023 Results FORT WORTH, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the fourth fiscal quarter and full year 2023. Highlights from 2023: Revenues were $76.2 million, down 5.1% from 2022Generated operating income of $4.4 millionNet income of $3.8 million, up from $1.2 million in 2022Gross margins of 59.3%, up from 57.9% in 2022Operating expenses $40.8 million, down 9.7% from 2022Adjusted EBITDA* of $6.5 millionEnded year with $12.2 million...

 PRESS RELEASE

Tandy Leather Factory Reports Third Quarter 2023 Results

Tandy Leather Factory Reports Third Quarter 2023 Results FORT WORTH, TEXAS, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the third fiscal quarter 2023, ended September 30, 2023. Third Quarter Highlights: Revenues were $17.5 million, down 8% from 2022Generated operating income of $0.9 millionNet income of $0.6 millionGross margins of 62.4%Adjusted EBITDA* of $1.4 millionEnded quarter with $8.6 million of cash and cash equivalents Tandy Leather Factory’s third quarter sales were $17.5 mil...

 PRESS RELEASE

Tandy Leather Factory Reports Second Quarter 2023 Results

Tandy Leather Factory Reports Second Quarter 2023 Results FORT WORTH, Texas, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter 2023, ended June 30, 2023. Second Quarter Highlights: Revenues were $17.5 million, down 5% from 2022Generated operating income of $0.8 millionNet income of $0.5 millionGross margins of 62.5%Adjusted EBITDA* of $1.3 millionEnded quarter with $10.0 million of cash and cash equivalents Tandy Leather Factory’s second quarter sales were $17.5 million i...

 PRESS RELEASE

Tandy Leather Factory Reports First Quarter 2023 Results

Tandy Leather Factory Reports First Quarter 2023 Results FORT WORTH, Texas, May 16, 2023 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the first fiscal quarter 2023, ended March 31, 2023. First Quarter Highlights: Revenues were $20.4 million, down 1% from 2022Generated operating income of $1.0 millionNet income of $0.7 millionGross margins of 58.1%Adjusted EBITDA* of $1.5 millionEnded quarter with $8.6 million of cash and cash equivalents Tandy Leather Factory’s first quarter sales were $20.4 million in 202...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch