Investing.com - Toughbuilt Industries reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Toughbuilt Industries announced earnings per share of $-0.9300 on revenue of $20.5M. Analysts polled by Investing.com anticipated EPS of $-6.0000 on revenue of $22.6M.
Toughbuilt Industries shares are down 95% from the beginning of the year , still down 97.09% from its 52 week high of $92.83 set on Wednesday, October 20, 2021.
Toughbuilt Industries follows other major Consumer Discretionary sector earnings this month
Toughbuilt Industries's report follows an earnings beat by Nike on Thursday, September 29, 2022, who reported EPS of $0.93 on revenue of $12.69B, compared to forecasts EPS of $0.922 on revenue of $12.28B.
AutoZone had beat expectations on Monday, September 19, 2022 with fourth quarter EPS of $40.51 on revenue of $5.35B, compared to forecast for EPS of $38.51 on revenue of $5.16B.
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