}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.
Michael Panosian, Chief Executive Officer of ToughBuilt, commented, “Despite a challenging macroeconomic climate, the Company’s sales remain stable and serve as an indicator of ToughBuilt’s growth. We anticipate that by furthering the expansion of our distribution network in new and existing global markets and implementing measures to keep expenses and cost of operations reduced, we will continue to build shareholder value and drive towards profitability.”
