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ToughBuilt Industries - TBLTU STOCK NEWS

Welcome to our dedicated page for ToughBuilt Industries news (Ticker: TBLTU), a resource for investors and traders seeking the latest updates and insights on ToughBuilt Industries stock.

ToughBuilt Industries, Inc. (TBLTU) delivers innovative solutions for construction professionals and DIY enthusiasts through its advanced tool systems and work accessories. This news hub provides investors and industry stakeholders with authoritative updates on corporate developments shaping the multibillion-dollar tool market.

Access real-time announcements including earnings reports, product launches, and strategic partnerships that demonstrate the company's commitment to ergonomic design and operational efficiency. Our curated feed ensures timely tracking of material events impacting ToughBuilt's market position.

Key updates cover manufacturing innovations, distribution network expansions, and compliance milestones. Discover how the company's in-house design capabilities and procurement strategies drive its competitive edge in home improvement markets.

Bookmark this page for direct access to verified press releases and financial disclosures. Regularly updated content helps stakeholders monitor ToughBuilt's progress in delivering durable, user-focused solutions for modern worksites.

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ToughBuilt Industries, Inc. (NASDAQ: TBLT; TBLTW) to Hold Earnings Call to Discuss 2023 First Quarter Financial Results
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ToughBuilt enters the Stacking Tool Storage and Toolbox market with its StackTech™ system, projected to expand at a CAGR of 8.3% and reach a market share of USD 6.8 Billion by 2032. The launch has gained significant social media attention, with over 19 million impressions in two weeks.
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ToughBuilt announces dividend of Series H Preferred Stock for outstanding common stock shareholders. Each share of Series H Preferred Stock has 1,000,000 votes per share. Non-present shares will be automatically redeemed. Details in Form 8-K.
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ToughBuilt Industries reports Q2 2023 financial results with revenue increasing 5.5% YoY to $18.9 million and net loss improving 53% YoY to $5.9 million. Gross profit increased 18.5% YoY to $5.8 million with a gross margin of 31%. Recent business highlights include expanding distribution to the UK and the EU.
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ToughBuilt to hold earnings conference call on August 22, 2023
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ToughBuilt Industries, Inc. is expanding distribution in the European Union with two major retail groups, La Platforme Du Batiment and Prolians, servicing professional customers in France and Spain. This will provide access to ToughBuilt products to over 600,000 customers across both retail groups.
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ToughBuilt Industries, Inc. is expanding distribution to customers in the United Kingdom through new business with Howdens UK and City Electrical Factors UK. This will give ToughBuilt access to a combined network of more than 1,200 retail locations nationwide.
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ToughBuilt Industries, Inc. announced that its gross sales for Q2 2023 through Amazon.com were $3.61 million, consistent with Q2 2022. Sales for the first six months of 2023 increased by 5.3% to approximately $7.41 million compared to the same period last year. ToughBuilt aims to expand its distribution network and reduce expenses to drive profitability.
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ToughBuilt Industries

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