Tandy Leather Factory's recent $26.5M headquarters sale could yield a $1.76 per share special dividend, offering a 38% return on the current $4.65 share price. Management's significant ownership and potential $4.6 M gain incentivize a special dividend payout, enhancing shareholder value. The company's estimated liquidation value is $5.71 per share, providing an 18% return if the special dividend is confirmed.
| Specialty Retail Industry | Consumer Discretionary Sector | Johan Hedberg CEO | NASDAQ (CM) Exchange | 87538X105 CUSIP |
| US Country | 414 Employees | 19 Feb 2025 Last Dividend | - Last Split | 27 Sep 1993 IPO Date |
Tandy Leather Factory, Inc., a premier retailer of leather and leathercraft-related items, operates across the United States, Canada, and Spain. Originating in 1919 and originally known as The Leather Factory, Inc., the company rebranded to its current name in 2005 and has established its headquarters in Fort Worth, Texas. Catering to a diverse clientele that includes hobbyists, educational institutions, businesses, military, and first responders, Tandy Leather Factory, Inc. stands out for its wide range of products under reputable brand names such as Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro.
The company's offerings are comprehensive, spanning from basic materials to specialized services.