| Business Summary | | The
Leather
Factory,
Inc.
sells
its
products
worldwide
and
is
managed
on
a
business
entity
basis,
those
businesses
being
TLF,
Tandy
Leather
Company
(Tandy
Leather)
and
Roberts,
Cushman
&
Company,
Inc.
(Cushman).
TLF
is
an
international
wholesale
manufacturer
and
distributor
of
a
broad
product
line
of
leather,
leatherworking
tools,
buckles
and
other
belt
supplies,
shoe
care
and
repair
supplies,
leather
dyes
and
finishes,
adornments
for
belts,
bags
and
garments,
saddle
and
tack
hardware,
and
do-it-yourself
leathercraft
kits.
TLF
also
carries
a
product
line
of
small
finished
leather
goods
such
as
cigar
cases,
wallets
and
western
accessories
distributed
under
the
name
Royal
Crown
Custom
Leather.
Tandy
Leather
sells
the
same
products
as
TLF.
Cushman
produces
and
sells
a
related
product
line
of
hat
trims
(the
decorative
piece
of
material
that
adorns
the
outside
of
a
hat). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Leather
Factory,
Inc.
is
engaged
in
the
manufacture,
distribution,
importation
and
exportation
of
leather,
leatherworking
tools,
buckles
and
other
belt
supplies,
shoe
care
supplies,
dyes,
bags,
garments
and
other
do-it-yourself
kits.
For
the
six
months
ended
6/30/01,
sales
rose
25%
to
$18.7
million.
Net
income
rose
28%
to
$1.1
million.
Revenues
reflect
an
increase
in
Tandy
Leather's
sales.
Net
income
reflects
a
decrease
in
outstanding
debt. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Wray Thompson, 69 Chairman,
CEO | $192K | Ronald Morgan, 53 Pres,
COO, Director | 175K | Shannon Greene, 35 CFO,
Treasurer, Director | -- | Robin Morgan, 50 VP-Admin.,
Director | -- | William Warren, 56 Sec.,
Gen. Counsel | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|