updated 5/6/2011 12:45:48 PM ET 2011-05-06T16:45:48

FORT WORTH, Texas, May 6, 2011 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq:TLF) expects to release financial results for the three months ended March 31, 2011 on Thursday, May 12, 2011. A conference call will be conducted by Jon Thompson, CEO, Shannon Greene, CFO, and Mark Angus, Senior Vice President, at 2:00 p.m. Eastern Time on May 12, 2011, and will be accessible to the public by calling 877-312-5524 or 253-237-1144. Callers should dial in approximately 5 minutes before the call begins.

Date: May 12, 2011
Time: 2:00 PM ET

Listen via Internet: http://www.tandyleatherfactory.com/

Schedule this webcast into MS-Outlook calendar (click open when prompted):
http://apps.shareholder.com/PNWOutlook/t.aspx?m=47857&k=ECBAE5F5

Telephone:    877-312-5524
International: 253-237-1144

A conference call replay will be available through 11:59 p.m. Eastern Time on May 27, 2011 and can be accessed by calling 800-642-1687 or 706-645-9291. For both, reference conference ID number 65695046.

Tandy Leather Factory, Inc., ( http://www.tandyleatherfactory.com ), headquartered in Fort Worth, Texas, is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 29 Leather Factory stores, located in 19 states and 3 Canadian provinces, 76 Tandy Leather retail stores, located in 36 states and 6 Canadian provinces, and one combination wholesale/retail store located in the United Kingdom. Its common stock trades on the Nasdaq with the symbol "TLF". To be included on Tandy Leather Factory's email distribution list, go to http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.

The Tandy Leather Factory, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8220

This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: TANDY LEATHER FACTORY, INC.
         SHANNON L GREENE (CFO/TREASURER)
         817/879-1001
         SGREENE@TANDYLEATHER.COM

         MAGELLAN FIN, LLC
         MARK GILBERT ()
         317/867-2839
         MGILBERT@MAGELLANFIN.COM

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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