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 and are trading at $2.6500 , down-from-52-week-high.
Toughbuilt Industries follows other major Consumer Discretionary sector earnings this month
Toughbuilt Industries's report follows an earnings beat by Nike on September 29, 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 September 19 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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