NASDAQ$TBLT
Toughbuilt Industries Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Achieved record quarterly revenue driven by demand, international expansion and accelerated order volume.
ToughBuilt Industries reported record quarterly revenue of $17.2 million for Q3 2021. The company expects full year 2021 revenue in the range of $70-74 million, representing year-over-year growth of 77-87%.
- Achieved record sales in the third quarter of 2021.
- Year-to-date revenue growth of 89% on an adjusted basis.
- Expanded available store count by approximately 1,400 in the quarter.
- Secured favorable shipping contracts, expected to improve gross margin in the coming quarters.
Headline financials
Revenue & EPS history
ToughBuilt · Revenue · Quarterly
$17.2M
Revenue by segment
ToughBuilt · $3.91M total across 1 segment · Q3 2022
- Amazon Sales$3.91M—100.0%
Forward guidance
The company expects full year 2021 revenue in the range of $70-$74 million, representing 77-87% year-over-year growth.
Tailwinds
- Full year 2021 revenue in the range of $70-$74 million.
- 77-87% year-over-year growth.
- Fourth quarter gross margin improvement as a result of favorable shipping contracts secured in the third quarter of 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-9.1%
Avg return
Earnings day
-11.6%
Avg return
5 days after
-17.5%
Avg return
30 days after
21%
5 / 24 earnings
Positive
+12.9%
Q3 2020
Best reaction
-26.2%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2024 | +1.3% | +3.3% | -3.5% | |
| Q4 2023 | -15.1% | -20.3% | -41.7% | |
| Q3 2023 | +1.1% | -1.2% | -14.1% | |
| Q2 2023 | +1.5% | -5.9% | -12.8% | |
| Q4 2022 | -6.0% | -9.8% | -24.8% | |
| Q1 2023 | -6.0% | -9.8% | -24.8% | |
| Q2 2022 | -6.0% | -9.8% | -24.8% | |
| Q3 2022 | -9.3% | -16.6% | -30.5% | |
| Q1 2022 | -20.7% | -9.0% | -65.5% | |
| Q4 2021 | -0.5% | -0.7% | -30.8% | |
| Q3 2021 | -5.4% | -17.7% | -22.6% | |
| Q2 2021 | -26.2% | -28.1% | -20.2% | |
| Q4 2020 | -20.9% | -17.5% | -36.2% | |
| Q1 2021 | -20.9% | -17.5% | -36.2% | |
| Q3 2020 | +12.9% | +11.5% | +6.3% | |
| Q2 2020 | +9.8% | +9.5% | -9.9% | |
| Q1 2020 | -22.8% | -11.6% | -26.1% | |
| Q4 2019 | -2.7% | +6.1% | -9.3% | |
| Q3 2019 | -3.4% | -22.7% | -15.0% | |
| Q2 2019 | -25.9% | -32.2% | -34.5% | |
| Q1 2018 | -25.9% | -32.2% | -34.5% | |
| Q1 2019 | -6.4% | -12.7% | -35.3% | |
| Q2 2018 | -5.3% | -9.9% | -32.2% | |
| Q3 2018 | -15.8% | -24.6% | +158.3% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2015 | — | — | — |
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