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FOR IMMEDIATE RELEASE August 11 , 2026 Tandy Leather Factory Reports Second Quarter 2026 Results Exhibit 99.1 BENBROOK , TEXAS August 11 , 2026 ( GLOBE NEWSWIRE ) - Tandy Leather Factory , Inc. ( Nasdaq : TLF ) today announced the Company's financial results for the second fiscal quarter of 2026 . Highlights from second quarter 2026 : • Revenues were $ 18.0 million , up 1.5 % from 2025 • Generated operating income of $ 0.5 million up 722.9 % from 2025 • Net income of $ 0.4 million versus net loss of ( $ 0.2 ) million in 2025 • Gross margins of 64.8 % , up from 59.5 % in 2025 • • EBITDA from operations of $ 0.9 million Ended quarter with $ 6.4 million of cash and cash equivalents Tandy Leather Factory's second quarter sales were $ 18.0 million in 2026 , up from $ 17.8 million in 2025. Second quarter 2026 gross profit was $ 11.7 million , up from $ 10.6 million in 2025. As of June 30 , 2026 , the Company held $ 6.4 million of cash and cash equivalents , down from $ 16.1 million as of December 31 , 2025. This decrease reflects $ 6.0 million in dividends paid to shareholders in Q1 2026 and approximately $ 4.0 million related to an increase in inventory purchases to support sales , investment in a new POS system , and some capital investments in our new store we opened in Waco , Texas during the second quarter of 2026 and other existing stores . The Company had basic and diluted net income in the quarter of $ 0.05 per share , versus $ 0.02 basic and diluted net loss per share in the prior year . Johan Hedberg , Chief Executive Officer of the Company , said , " We are happy to have delivered another growth quarter with sales gains across both retail and e - commerce channels and a considerable improvement in operating income versus the prior year . Gross margin also increased , primarily due to better pricing of our products . Operating expenses increased year - over - year , reflecting higher compensation , investments in a new POS system , launching a new Loyalty program to further improve the customer experience , and occupancy costs including rent for our headquarters and flagship store in Fort Worth . Nonetheless , our sales increases and margin growth more than offset those expenses , driving a strong improvement in profit from operations . " Investors are encouraged to send their questions to the Company's investor relations hotline at investorrelations@tandyleather.com .