TBLT - ToughBuilt Industries, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.1530
+0.0150 (+10.87%)
At close: 4:00PM EDT
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Previous Close0.1380
Open0.1390
Bid0.1480 x 1200
Ask0.1529 x 2200
Day's Range0.1336 - 0.1690
52 Week Range0.0910 - 1.6960
Volume19,277,325
Avg. Volume14,819,962
Market Cap13.144M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-1.7080
Earnings DateMay 25, 2020 - Jun 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.50
  • TOUGHBUILT CONTINUES TO FORGE AHEAD WITH ITS BUSINESS PLAN, SUPPORTING ITS EMPLOYEES AND CUSTOMERS DURING CORONAVIRUS CRISIS
    GlobeNewswire

    TOUGHBUILT CONTINUES TO FORGE AHEAD WITH ITS BUSINESS PLAN, SUPPORTING ITS EMPLOYEES AND CUSTOMERS DURING CORONAVIRUS CRISIS

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) announced today that despite recent conditions due to the coronavirus pandemic and resulting stock market turmoil, it is continuing to employ its entire workforce, while working remotely for their safety. The Company continues to supply products to its existing and new customers, both through traditional and online channels.

  • TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH HASPAKA GROUP
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH HASPAKA GROUP

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced an agreement with Haspaka for the distribution of its product offerings by the Israeli-based distributor. Haspaka Group, an ‘Industrial Supply - Professional Tools Store’ serves both large factories and professionals that require a wide range of tools and equipment. Haspaka reaches about 18 different nations and provides a unique opportunity for ToughBuilt products to get into the hands of professionals and retail outlets serving their communities.

  • The Coronavirus Pandemic Has Revealed Some Micro-Cap Opportunities
    GuruFocus.com

    The Coronavirus Pandemic Has Revealed Some Micro-Cap Opportunities

    With the Dow Jones and the S&P; 500 plummeting as a result of the coronavirus pandemic, a number of interesting micro-cap stocks have emerged as interesting bets Continue reading...

  • ToughBuilt Industries to Launch New SKUs; Widen Distribution Network
    Newsfile

    ToughBuilt Industries to Launch New SKUs; Widen Distribution Network

    Lake Forest, California--(Newsfile Corp. - March 13, 2020) - ToughBuilt Industries, Inc. (NASDAQ: TBLT) (NASDAQ: TBLTW) ("ToughBuilt") is an innovator within the home improvement and construction products space. The Company designs, develops, manufactures, and distributes a number of innovative products for the building industry in the United States and across the globe. With a core focus on safety, Toughbuilt's key offerings include tool pouches, tool rigs, tool belts and accessories, tools bags, totes, office ...

  • TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH PRO GROUP
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH PRO GROUP

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced a distribution agreement with PRO Group which represents more than $5.25 billion in annual buying power through PRO Hardware, Garden Master, Golden-Link, and FARMMART. PRO Group, Inc. is a merchandising and marketing firm dedicated to generating ideas and developing for-profit programs for Distributor and Retailer Members.

  • TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH DISTRIBUTION AMERICA
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH DISTRIBUTION AMERICA

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced a distribution agreement with Distribution America – a hardware store retailers' cooperative with 15,000 affiliated retail locations. Distribution America is one of the most respected distributor and service providers in the United States.

  • TOUGHBUILT™ LAUNCHES 87 PRODUCTS ON ZORO.COM
    GlobeNewswire

    TOUGHBUILT™ LAUNCHES 87 PRODUCTS ON ZORO.COM

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced its highly engineered product lines, setting the standard for durability, product life and reliability in the harshest of operating conditions, are now available on Zoro.com. 87 products have been launched on Zoro.com: 55 in the hand tool products category, 16 products in the gloves & safety category, 9 products in the office supplies category and 7 in the power tools and accessories category. Zoro.com, a subsidiary of W.W. Grainger, carries top brands, and it caters to the small to mid-size contractor and do it yourself markets.

  • Toughbuilt Announces Pricing of Upsized $9.0 Million Underwritten Public Offering
    GlobeNewswire

    Toughbuilt Announces Pricing of Upsized $9.0 Million Underwritten Public Offering

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries, today announced the pricing of an underwritten public offering of 43,000,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase up to 21,500,000 shares of the Company’s common stock. Each share of common stock or pre-funded warrant is being sold together with a warrant to purchase 0.5 shares of common stock.

  • TOUGHBUILT™ ANNOUNCES INITIAL LAUNCH OF HAND TOOL PRODUCTS
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES INITIAL LAUNCH OF HAND TOOL PRODUCTS

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. ToughBuilt today announced that in the first half of 2020 it will launch 14 categories of high quality, innovative hand tools for the professional and DIY markets.

  • TOUGHBUILT™ ANNOUNCES ANNUAL SALES RESULTS FOR 2019
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES ANNUAL SALES RESULTS FOR 2019

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. ToughBuilt today announced that its total gross sales for 2019 exceeded $20.0 million and net of allowances, total 2019 sales were approximately $19.2 million1, compared to $15.3 million, net of allowances, for 2018.

  • TOUGHBUILT™ ANNOUNCES CONTINUED GROWTH IN SALES IN FIRST NINE MONTHS OF LAUNCH OF AMAZON STOREFRONTS WITH $700,000 IN SALES FOR DECEMBER 2019, AN INCREASE OF 55% OVER NOVEMBER 2019 SALES
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES CONTINUED GROWTH IN SALES IN FIRST NINE MONTHS OF LAUNCH OF AMAZON STOREFRONTS WITH $700,000 IN SALES FOR DECEMBER 2019, AN INCREASE OF 55% OVER NOVEMBER 2019 SALES

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), is an advanced product design, manufacturer and distributor with emphasis on innovative products, which is currently focused on tools and other accessories for the professional and do-it-yourself construction industries. Today, it announced that its U.S. and Canadian Amazon storefronts had sales of $0.7 million for the month of December 2019, an increase of $0.25 million, or a 55% increase in sales over the $0.45 million reported for November 2019 (at which pace, the Company will exceed the $5.4 million run rate announced based upon November 2019 sales).

  • TOUGHBUILT™ ANNOUNCES HISTORIC INCREASE IN GROWTH IN YEAR OVER YEAR SALES IN U.K.
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES HISTORIC INCREASE IN GROWTH IN YEAR OVER YEAR SALES IN U.K.

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. The company announced today that its sales in the United Kingdom were $1,750,000 for 2019, as compared to $726,000 in 2018. It shows the popularity of our products and brand acceptance in Western Europe, a market we are focused to grow quickly.

  • ToughBuilt Regains Compliance with Nasdaq Stockholders Equity Requirement
    GlobeNewswire

    ToughBuilt Regains Compliance with Nasdaq Stockholders Equity Requirement

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, is pleased to announce that on December 27, 2019, it received notification from the Listing Qualifications Department of the Nasdaq Stock Market indicating (i) that the Company has met the minimum stockholders equity requirement set forth in Listing Rule 5550(b)(1) and (ii) that the Company has been granted an additional 180-day grace period to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5550(a)(2). Nasdaq has determined that the Company complies with Listing Rule 5550(b)(1), which requires a stockholders’ equity of $2.5 million.

  • TOUGHBUILT ANNOUNCES FINAL EXPIRATION OF SERIES B WARRANTS FROM GREENSHOE
    GlobeNewswire

    TOUGHBUILT ANNOUNCES FINAL EXPIRATION OF SERIES B WARRANTS FROM GREENSHOE

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that the final tranche of Series B Warrants from the December 17, 2018 “greenshoe” to its initial public offering has expired. This completely removes the Series B Warrant derivative liability from its balance sheet which existed on its September 30, 2019 balance sheet as reported in its Quarterly Report on Form 10-Q for that period as filed with the SEC on November 19, 2019. ToughBuilt is a groundbreaking designer, manufacturer and distributor of innovative tools and accessories to the building industry.

  • ToughBuilt Announces Appointment of New Board Member
    GlobeNewswire

    ToughBuilt Announces Appointment of New Board Member

    ToughBuilt Industries, Inc. (''ToughBuilt'') (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, today announced the appointment of Linda Moossaian, CPA, to its Board of Directors. Ms. Moossaian is an achievement-oriented financial strategist with an exceptional record of successful initiatives in financial planning, profit optimization, joint venture accounting, and treasury management.

  • ToughBuilt Amazon Storefront Update: November Sales Exceeds Average Monthly Revenue for First Seven Months of Operation by 75%
    GlobeNewswire

    ToughBuilt Amazon Storefront Update: November Sales Exceeds Average Monthly Revenue for First Seven Months of Operation by 75%

    ToughBuilt Industries, Inc. (''ToughBuilt'') (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, today announced that its U.S. and Canadian Amazon storefronts had sales of $450,000 for the month of November 2019 (or sales in the initial eight months of operation in excess of $2.25 million, up from the $1.8 million announced for the initial seven months of operation).

  • ToughBuilt Amazon Storefront Achieves Revenues of $1.8 Million in U.S. and Canada in First Seven Months of Operation
    GlobeNewswire

    ToughBuilt Amazon Storefront Achieves Revenues of $1.8 Million in U.S. and Canada in First Seven Months of Operation

    ToughBuilt Amazon Storefront Sales Should Have an Annualized Revenue Run Rate of Approximately $3.5 million. LAKE FOREST, CA, Nov. 26, 2019 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (''ToughBuilt'') (NASDAQ: TBLT; TBLTW), a cutting edge designer, manufacturer and distributor of innovative tools and accessories for the professional and do it your self-construction industries, today announced that its U.S. and Canadian Amazon storefronts had sales in the initial seven months of operation in excess of $1.8 million (or an annualized run-rate of $3.5 million, which is 40% higher than the run rate announced in May 2019 by the Company).

  • TOUGHBUILT ANNOUNCES THAT ITS CLASS A UNITS WILL BEGIN TRADING SEPARATELY AS COMMON STOCK AND SERIES A WARRANTS EFFECTIVE NOVEMBER 22, 2019
    GlobeNewswire

    TOUGHBUILT ANNOUNCES THAT ITS CLASS A UNITS WILL BEGIN TRADING SEPARATELY AS COMMON STOCK AND SERIES A WARRANTS EFFECTIVE NOVEMBER 22, 2019

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTU; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that its Class A Units will begin trading separately on the Nasdaq Capital Market in their components of one share of common stock and one Series A Warrant per Class A Unit as of November 22, 2019.

  • ToughBuilt Reports Third Quarter 2019 Financial Results
    GlobeNewswire

    ToughBuilt Reports Third Quarter 2019 Financial Results

    Third Quarter 2019 Revenues up 38.3% from Third Quarter 2018 and 22.1% Increase for the Nine Months Ended September 30, 2019 over September 30, 2018 LAKE FOREST, Calif,.

  • ToughBuilt Announces the Expiration of Series B Warrants from its IPO
    GlobeNewswire

    ToughBuilt Announces the Expiration of Series B Warrants from its IPO

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW; TBLTU), a leading designer, manufacturer and distributor of innovative tools and accessories for the building and home improvement industries, today announced that its Series B Warrants will expire on November 14, 2019 and December 17, 2019. All outstanding Series B Warrants to purchase common stock of ToughBuilt will expire on Thursday November 14, 2019 and December 17, 2019. Series B Warrants were issued as a component of the Class A Units during ToughBuilt’s initial public offering and concurrent private placement in November 2018, with a smaller amount issued during the greenshoe portion of the IPO in December 2018.

  • ToughBuilt Opens UK-Based European Headquarters
    GlobeNewswire

    ToughBuilt Opens UK-Based European Headquarters

    TBLTU), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the opening of an international headquarters in London, England, UK. The London office will be the base of European operationes and will service the Company’s growing sales in the UK and Continental Europe. Chief Executive Officer Michael Panosian said, “In response to our growing sales and demand in Europe which started last spring with our announced work with Screwfix (UK), Toolbank (UK) and Amazon European initiatives, we have established this base of operations to better serve these markets.

  • ToughBuilt to Present at the H.C. Wainwright 21st Annual Global Investment Conference
    GlobeNewswire

    ToughBuilt to Present at the H.C. Wainwright 21st Annual Global Investment Conference

    TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that Michael Panosian, Chief Executive Officer , will present at the H.C. Wainwright 21st Annual Global Investment Conference. ToughBuilt is a groundbreaking designer, manufacturer and distributor of innovative tools and accessories to the building industry.

  • ToughBuilt to Exhibit at Expo Nacional Ferretera September 5th through September 7th
    GlobeNewswire

    ToughBuilt to Exhibit at Expo Nacional Ferretera September 5th through September 7th

    LAKE FOREST, Calif., Sept. 04, 2019 -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools.

  • ToughBuilt Announces Launch of Amazon Storefronts in the Far East as Part of Global E-Commerce Expansion
    GlobeNewswire

    ToughBuilt Announces Launch of Amazon Storefronts in the Far East as Part of Global E-Commerce Expansion

    TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the launch of its new Far East Amazon  storefronts in Japan and South Korea, as part of the Company’s global e-commerce initiative to expand well beyond its European, and North and South American market focus. Michael Panosian, Chief Executive Officer of ToughBuilt, commented, “on the heels of our recently announced European rollouts, we continue to build upon momentum, and we are launching our products on a variety of e-commerce platforms in new territories around the world.  With the launch of our Amazon storefront in South Korea and Japan we look forward to establishing a solid foothold in these markets, which are new global regions for ToughBuilt products”.

  • ToughBuilt Launches Products with Home Depot Canada and Starts Receiving Purchase Orders
    GlobeNewswire

    ToughBuilt Launches Products with Home Depot Canada and Starts Receiving Purchase Orders

    TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced it has announced it has formally launched product sales with Home Depot Canada and started receiving purchase orders .  Home Depot Canada is one of Canada's top home improvement retailers consisting of 182 stores. Home Depot Canada has stores in all ten Canadian provinces and serves Territorial Nunavut, Northwest Territories, and Yukon.