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ToughBuilt entered the Stacking Tool Storage and Toolbox market for the first-time beginning October 19 th , 2023, with an initial roll out of more than 25 SKUs. StackTech™ is the world’s first auto-locking stacking tool storage solution with 14 unique features. ...
IRVINE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries Inc . (NASDAQ: TBLT; TBLTW) (“ToughBuilt” or the “Company”) today announced that its Board of Directors declared a dividend of one one-thousandth of a share of newly-designated Series H Prefer...
Revenue increased 5.5% year-over-year to $18.9 million Gross profit increased 18.5% year-over-year to $5.8 million Gross Margin increased by 330 basis points year-over-year to 31% Net loss improved 53% year-over-year down to $5.9 million from $12.1 million IRVINE, ...
LAKE FOREST, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) , today reports that it will hold an earnings call to discuss the Company’s 2023 Second quarter financial and operating results on Tuesday August 22, 2023 at 5:00...
ToughBuilt Products will be sold through French Retailer, La Platforme Du Batiment and Prolians in France and Spain. Expanded distribution will provide access to ToughBuilt products to a potential 600,000+ customers, across both retail groups. IRVINE, Calif., Aug. 08, 2023 (GLOBE ...
ToughBuilt Products will be sold through Howdens UK and City Electrical Factors UK, the largest joinery, hardware, kitchen, and electrical suppliers in the United Kingdom. Expanded distribution will reach new customers through a combined network of more than 1,200 retailers, nationally. ...
IRVINE, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG} ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) , announced today that the Company’s gross sales for the second quarter ended June 30, 2023, through Amazon.com were $3.61 milli...
IRVINE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced public offering of 10,975,611 shares of its common stock (or pre-funded warrants...
IRVINE, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the pricing of a public offering of 10,975,611 shares of its common stock (or pre-funded warrants in lieu thereof), toge...
Revenue 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) -- ToughBuil...
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IRVINE, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Toughbuilt Industries, Inc. (Nasdaq: TBLT), announced that on April 19, 2024, it received a staff determination notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that s...
ToughBuilt Industries Inc. successfully obtained a letter of credit from King Trade Capital (“KTC”), a provider of more than $2.5 billion in capital to over 400 public and private companies worldwide. Credit line expected to empower ToughBuilt Industries Inc. to strengthen purch...
IRVINE, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt" or the "Company") (NASDAQ:TBLT, TBLTW)), today annou...