Earnings Call Summary | Tandy Leather Factory(TLF.US) Q4 2023 Earnings Conference
Earnings Call Summary | Tandy Leather Factory(TLF.US) Q4 2023 Earnings Conference
The following is a summary of the Tandy Leather Factory, Inc. (TLF) Q4 2023 Earnings Call Transcript:
以下是 Tandy Leather Factory, Inc. (TLF) 2023年第四季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Tandy Leather Factory reported a decline of about 5% in sales to $76.2 million due to weak consumer demand.
Despite the decrease in sales, the operating income witnessed an increase from the previous year by $3 million, landing at $4.4 million.
The adjusted EBITDA was $6.5 million, up $2.5 million from last year. Cash increased over $4 million to $12.2 million, and the company has no debt.
坦迪皮革厂报告称，由于消费者需求疲软，销售额下降了约5％，至7,620万美元。
尽管销售额下降，但营业收入比上年增长了300万美元，达到440万美元。
调整后的息税折旧摊销前利润为650万美元，比去年增长250万美元。现金增加了超过400万美元，达到1,220万美元，而且该公司没有债务。
Business Progress:
业务进展：
The company continued to optimize its retail fleet with store renewals, relocations, and closures of underperforming outlets.
Two new store leases were signed in Florida and Virginia with the expectations of boosting sales.
A new, smaller store model was tested in New York showing initial success and plans for three to five additional new stores in 2024 are in place.
The potential sale of the underutilized Fort Worth property is under consideration, which could potentially return value to shareholders.
该公司继续通过门店续订、搬迁和关闭表现不佳的门店来优化其零售队伍。
在佛罗里达州和弗吉尼亚州签署了两份新的门店租约，预计将促进销售。
在纽约测试了一种新的小型门店模式，显示出初步成功，并计划在2024年再开设三到五家新门店。
正在考虑出售未得到充分利用的沃思堡房产，这有可能为股东带来回报。
More details: Tandy Leather Factory IR
更多详情： 坦迪皮革工厂 IR
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