Toughbuilt Industries, Inc. (TBLT) News
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TBLT News Highlights
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Latest TBLT News From Around the Web
Below are the latest news stories about TOUGHBUILT INDUSTRIES INC that investors may wish to consider to help them evaluate TBLT as an investment opportunity.
ToughBuilt Industries Announces First Quarter 2023 ResultsRevenue increased 17% year-over-year to $20.2 million.Gross profit increased 18% year-over-year to $3.6 million.Net loss improved 31%, from $12.1 in Q1 2022 to $8.3 million in Q1 2023 for common shareholders. IRVINE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), reported today their financial results for the first fiscal quarter of the year, ended March 31, 2023. Financial Highlights for the Quarter Ended March 31, 2023: Revenues incre |
ToughBuilt Industries to Report First Quarter 2023 Financial Results on May 22, 2023Earnings Conference Call to be held at 5:00 p.m. ETIRVINE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), reports today that it will broadcast a pre-recorded earnings call which discusses the Company’s 2023 first quarter financial and operating results on Monday, May 22, 2023, at 5:00pm ET. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, participated in the pre-recorded earnings |
Investors Continue Waiting On Sidelines For ToughBuilt Industries, Inc. (NASDAQ:TBLT)When you see that almost half of the companies in the Luxury industry in the United States have price-to-sales ratios... |
ToughBuilt Industries Reports $3.8 Million In Q1 2023 Sales Through AmazonIncreased Amazon Sales in Q1 represents a 10% growth from the same period in 2022IRVINE, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company’s gross sales for the quarter ended March 31, 2023, through Amazon.com were $3.8 million. This represents a 10% revenue increase from the same quarter in 2022. ToughBuilt Chief Executive Officer, Michael Panosian, commented, “Amazon has been a driving contributor for T |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on ThursdayIt's time for another dive into the biggest pre-market stock movers as we go over all the latest news for Thursday morning! |
CORRECTION -- ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 ResultsRecord fourth quarter year revenue of $29.6 million, with 20% year-over-year growthRecord full year revenue of $94.9 million with 36% year-over-year growth LAKE FOREST, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by ToughBuilt Industries, Inc. (NASDAQ: TBLT; TBLTW), please note that in the second bullet under the header "Twelve Months Ended December 31, 2022 Financial Highlights" the percentages should be 23% for 2022 followed by 27% for 2 |
Toughbuilt Industries Announces Fourth Quarter and Full Year 2022 ResultsRecord fourth quarter revenue of $29.6 million, with 20% year-over-year growthRecord full year revenue of $94.9 million with 36% year-over-year growth LAKE FOREST, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reported financial results for the fourth quarter and full year ended December 31, 2022. Twelve Months Ended December 31, 2022 Financial Highlights: Revenues for the twelve months ended December 31, 2022, were approximate |
ToughBuilt Industries to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023LAKE FOREST, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company’s 2022 fourth quarter and year-end financial and operating results on Wednesday, March 15, 2023 at 5:00pm ET. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the conference call to review the Company’s financial and operating results. To attend the confer |
ToughBuilt Announces Innovative New Line of Pliers and ClampsThe new line adds more than 40 additional SKUs to ToughBuilt’s current hand tools product offeringIRVINE, Calif., Feb. 07, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of its new line of pliers and clamps. The new line, comprised of more than 40 SKUs, will be made available for purchase through leading US home improvement retailers and across ToughBuilt's growing strategic networks of North American and global trade partners |
Toughbuilt Industries Announces the Launch of New Handheld WrenchesToughBuilt’s new line of wrenches adds 20 additional SKUs to their hand tools offerings. ToughBuilt enters the category with distribution through a growing global network of 18,900+ storefronts and online marketplaces. IRVINE, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 20 new SKUs into the Handheld Wrenches segment, including adjustable wrenches, construction wrenches and pipe wrenches. ToughB |