Amid declining consumer demand and retail traffic in Q2 and ...

Moomoo AI Nov 9, 2023 05:32

Amid declining consumer demand and retail traffic in Q2 and Q3, CEO cites financial discipline for achieving operating profit. Company cost-cutting measures included better warehouse management and reduced freight-in and duty costs, resulting in higher gross margins.

Press Release: Tandy Leather Factory Reports Third Quarter 2023 Results

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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