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Stock impact report

ToughBuilt Reports Second Quarter 2019 Financial Results

Toughbuilt Industries, Inc Units (TBLTU)  More Company Research Source: GlobeNewswire
PDF LAKE FOREST, Calif., Aug. 20, 2019 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced financial results for the quarter ended June 30, 2019. Michael Panosian, Chief Executive Officer of ToughBuilt commented, “We are pleased to announce a 15.5% increase in revenues year over year for the six months ended June 30, 2019, which continues to demonstrate our sustainable growth model.  We continue to expand our e-commerce platform.  During the second quarter, we launched Amazon storefronts in Canada, Australia and Mexico, in addition to our U.S. Marketplace.  These have become significant drivers of demand for our products. We will continue to expand the number of SKUs represented and aggressively market our Amazon storefronts.  Building on this success, we are now preparing to launch a much broader business-to-consumer global e [Read more]
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