ToughBuilt Industries, Inc. (NASDAQ:TBLT ) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Martin Galstyan - Chief Financial Officer Michael Panosian - President and CEO Conference Call Participants Operator Good afternoon, everyone. And welcome to the ToughBuilt Industries Third Quarter 2023 Earnings Conference Call.
ToughBuilt's (TBLT) Q2 results benefit from strong demand, product innovation and cost management efforts.
ToughBuilt's (TBLT) Q2 performance is likely to have gained on the regular introduction of SKUs.
Despite operating in a challenging macroeconomic environment, ToughBuilt Industries, Inc. TBLT maintains sales pace, which serve as a positive indicator of its growth trajectory. During second-quarter fiscal 2023, the company recorded gross sales of $3.61 million through Amazon.com compared with $3.56 million in second-quarter fiscal 2022.
Toughbuilt Industries (NASDAQ: TBLT ) stock is falling hard on Wednesday after the construction equipment company announced a public offering. Toughbuilt Industries has priced shares in this offering at 41 cents each.