TBLT - Toughbuilt skyrockets as sales double on Amazon in 1H21
ToughBuilt Industries (TBLT) says that gross sales through Amazon.com increased 118% to ~$5.48 million for the first half of 2021, vs. ~$2.51 million in the first half of 2020.Michael Panosian, CEO: “The significant momentum of our Amazon.com sales in the first half of 2021 reflects the increasing strength of our brand across all product lines with professional and DIY builders throughout North America. As our online presence expands into Canada and Mexico, and US sales continue to increase, we are simultaneously expanding our geographic footprint and launching new SKUs to capitalize on the strong demand for our innovative designs and features.”Shares +42% premarket.
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Toughbuilt skyrockets as sales double on Amazon in 1H21