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Tandy Corporation was an American family-owned leather -goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge ...
Company stock had declined 81 percent since 2010 and was trading well below book value. The stock reached an all-time low on April 14, 2012. [113] [114] In September 2012, RadioShack's head office laid off 130 workers after a US$21 million quarterly loss. [115]
By 1961, Tandy Leather was operating 125 stores in 105 cities of the United States and Canada and the company name was changed to Tandy Corporation. In 1963, Tandy Corporation acquired management control of the Radio Shack Corporation and, after two years, Charles Tandy had turned the company's $4 million loss into a profit. During that time of ...
InterTAN Canada Ltd. was created by Tandy Corporation in 1986 to operate Radio Shack stores in Canada, Europe and Australia. After the UK locations, which were branded 'Tandy', were sold to Carphone Warehouse in 1999 and the Australian locations (which were also branded 'Tandy') to Woolworths Limited in 2001, the company's primary asset was the RadioShack franchise for Canada.
Piper Sandler will no longer release year-end price targets for the S&P 500 after concluding that the index no longer truly reflects the stock market's performance.In a video interview on Yahoo ...
Model 100 line. In addition to the above, Tandy produced the TRS-80 Model 100 series of laptop computers. This series comprised the TRS-80 Model 100, Tandy 102, Tandy 200 and Tandy 600. The Model 100 was designed by the Japanese company Kyocera with software written by Microsoft.
Right now, its stock trades at a forward price-to-earnings (P/E) ratio of 96 and a price-to-free-cash-flow (P/FCF) multiple of 93. Simply put, the stock is expensive -- even for growth investors.
The company is successfully selling that technology, inking deals that have driven impressive revenue growth. On the other hand, it is tiny compared to its competition, and the stock has been ...