TOUGHBUILT INDUSTRIES-CW23 (TBLTW)
Toughbuilt Industries Announces Receipt of Nasdaq Delinquency Notice
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 since the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Annual Report”), the Company was no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”).
ToughBuilt Obtains Purchase Order Financing to Fuel Supply Chain and Growth Initiatives
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...
ToughBuilt Industries Announces Closing of $3.5 Million Public Offering
IRVINE, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the...
ToughBuilt Industries Announces Pricing of $3.5 Million Public Offering
IRVINE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the...
ToughBuilt Industries Accelerates Growth with Expanded StackTech® Ecosystem, Targeting $6.8 Billion Market
In January ToughBuilt announced an additional 16 SKUs would become available for the StackTech® Mobile Storage Ecosystem.ToughBuilt entered the Stacking...
ToughBuilt Industries, Inc. Announces Reverse Stock Split
Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65...
ToughBuilt Industries Announces Third Quarter 2023 Results
Revenue increased 9% quarter-over-quarter to $20.6 million Operating expenses decreased 11% year-over-year to $15.4 million, over $2 million saved. ...
Toughbuilt Industries to Report Third Quarter 2023 Financial Results on November 14, 2023
LAKE FOREST, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (
ToughBuilt Industries Launched Innovative StackTech™ Line: A Mobile Stacking Tool Organization Ecosystem
IRVINE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company has released its revolutionary StackTech™ mobile stacking toolbox system.
ToughBuilt Industries Announces Distribution of Series H Preferred Stock to Holders of its Common Stock
IRVINE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries Inc. (NASDAQ: TBLT; TBLTW) (“ToughBuilt” or the “Company”) today announced that...
Toughbuilt Industries Announces Second Quarter 2023 Results
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...
ToughBuilt Industries to Report Second Quarter 2023 Financial Results on August 22, 2023
Earnings Conference Call to be held at 5:00 p.m. ET...
ToughBuilt Industries Expands European Distribution in France and Spain
ToughBuilt Products will be sold through French Retailer, La Platforme Du Batiment and Prolians in France and Spain. Expanded distribution will provide...
ToughBuilt Expands Distribution in the United Kingdom, Entering into Two of The Largest National Trade Retailers
ToughBuilt Products will be sold through Howdens UK and City Electrical Factors UK, the largest joinery, hardware, kitchen, and electrical suppliers in the...
ToughBuilt Industries Reports $3.61 Million in Q2 2023 Sales Through Amazon
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 million, which remains consistent with our quarter-over-quarter sales of $3.56 million in Q2 of 2022. In total, sales for the first six months of 2023 have increased by 5.3% to approximately $7.41 million, compared to $7.01 million for the six months ended June 30, 2022, last year.
ToughBuilt Industries Announces Closing of $4.5 Million Public Offering
IRVINE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the...
ToughBuilt Industries Announces Pricing of $4.5 Million Public Offering
IRVINE, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the...
ToughBuilt Industries Announces First Quarter 2023 Results
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...
ToughBuilt Industries to Report First Quarter 2023 Financial Results on May 22, 2023
Earnings Conference Call to be held at 5:00 p.m. ET...
ToughBuilt Industries Reports $3.8 Million In Q1 2023 Sales Through Amazon
Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022...
CORRECTION -- ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results
Record 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...
Toughbuilt Industries Announces Fourth Quarter and Full Year 2022 Results
Record 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 ...
ToughBuilt Industries to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023
LAKE FOREST, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold...
ToughBuilt Announces Innovative New Line of Pliers and Clamps
The new line adds more than 40 additional SKUs to ToughBuilt’s current hand tools product offering...
Toughbuilt Industries Announces the Launch of New Handheld Wrenches
ToughBuilt’s new line of wrenches adds 20 additional SKUs to their hand tools offerings. ToughBuilt enters the category with distribution through a...
ToughBuilt Announces New Expanded South American Distribution Agreement With Sodimac
The Company has completed an extended agreement with Sodimac.Sodimac is the largest home improvement supplier in South AmericaExpanded agreement brings...
ToughBuilt Industries Launches All-New Screwdrivers
ToughBuilt’s new screwdrivers add more than 40 SKUs to their hand tools offering.ToughBuilt enters 2023 with a growing global network of 18,900+...
ToughBuilt Industries Announces 15.91 Million USD in Amazon 2022 Sales
ToughBuilt global Amazon sales eclipsed $15 Million USD, in 2022.Amazon sales grew by 25% from 2021 to 2022.ToughBuilt entered new Amazon markets in...
ToughBuilt Industries Launched 200+ New SKUs in 2022
The Company launched hundreds of new products, increasing SKUs from 300 to 500+.ToughBuilt entered new categories, expanding offering from 10 to 16.The...
ToughBuilt Industries Inc. Launches New Line of Long-Handle Garden and Landscaping Tools
IRVINE, Calif., Dec. 05, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today the launch of the...
ToughBuilt Industries Expands Relationships with Additional SKUs Available in Three Major Retailers Across Europe
IRVINE, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt" or the “Company”) (NASDAQ: TBLT; TBLTW) has today confirmed...
ToughBuilt Enters Into Distribution Agreement with One of Kazakhstan’s Largest Equipment Supplier
IRVINE, Calif., Nov. 22, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) has announced today that it has...
ToughBuilt Industries Announces Closing of $7.5 Million Private Placement Priced At-The-Market under Nasdaq Rules
IRVINE, Calif., Nov. 17, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced that...
ToughBuilt Industries Announces $7.5 Million Private Placement Priced At-The-Market under Nasdaq Rules
LAKE FOREST, Calif., Nov. 17, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced...
ToughBuilt Industries Announces $7.5 Million Private Placement Priced At-The-Market under Nasdaq Rules
LAKE FOREST, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced...
ToughBuilt Industries Announces Third Quarter 2022 Results
Q3 2022 Revenues of $30.2 million, a 76% year-over-year increase, $539,000 Net Profit...
ToughBuilt Industries to Report Third Quarter 2022 Financial Results on November 14, 2022
Earnings Conference Call to be held at 5:00 p.m. ET...
ToughBuilt Industries Expands Distribution of 84 Product SKUs in All 96 Sears Stores in Mexico
IRVINE, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company has...
ToughBuilt Industries Announces South American Distribution Agreement With Sodimac
IRVINE, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the...
ToughBuilt Industries Inc. Launches 500 Ft. Rotary Laser Level Kit
IRVINE, Calif., Oct. 12, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today the launch of the...