Toughbuilt Industries, Inc. Reports Gross Sales Results for the Second Quarter and First Half Ended June 30, 2023
July 11, 2023 at 02:08 pm EDT
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ToughBuilt Industries, Inc. reported gross sales results for the second quarter and first half ended June 30, 2023. The company announced that the gross sales for the quarter ended June 30, 2023 through Amazon.com were $3.61 million against $3.56 million a year ago.
Sales for the first half of 2023 increased by 5.3% to approximately $7.41 million compared to $7.01 million for the first half of 2022.
Toughbuilt Industries, Inc. is engaged in designing, manufacturing, and distributing tools and accessories to the building industry. The Company markets and distributes various home improvement and construction product lines for both Do-It-Yourself (DIY) and professional markets under the TOUGHBUILT brand name. Its business is based on development of products, primarily in tools and hardware category, with particular focus on building and construction industry. Its three categories contain a total of approximately 19 product lines, consists of soft goods, which includes kneepads, tool bags, pouches and tool belts; metal goods, which consists of sawhorses, tool stands and workbench; and utility products, which includes utility knives, aviation snips, shears, lasers and levels, tape measures and chalk reels, striking tools, garden and landscaping tools, and pliers and clamps. It also has various additional categories and product lines in various stages of development.
TOUGHBUILT INDUSTRIES, INC. 
