Turning Point Brands

Turning Point Brands, Inc. engages in manufacturing, marketing, and distributing branded consumer products including alternative smoking accessories and consumables with active ingredients. It operates through the following segments: Zig-Zag Products, Stoker's Products, and NewGen products. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, and MYO cigar wraps. The Stoker's Products segment manufactures and markets moist snuff and contracts for and markets loose leaf chewing tobacco products. The NewGen Products segment markets and distributes liquid vapor products and certain other products without tobacco and/or nicotine. It also distributes a wide assortment of products to non-traditional retail outlets via VaporBeast and markets and distributes a wide assortment of products to individual consumers via the VaporFi B2C online platform. The company was founded by Thomas Helms, Jr. in 1988 and is headquartered in Louisville, KY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Turning Point Brands Q4 2022: Navigating Challenges, Focusing on Growth

Turning Point Brands navigated challenges in Q4 2022 with a focus on operational priorities and strategic initiatives. Despite a sales decrease, the company demonstrated strengths in key product lines and strategic planning. Addressing challenges and seizing opportunities will be crucial for future growth.

Turning Point Brands reports steady Q1 performance and growth opportunities

TPB's Q1 performance showcased resilience with market share gains and strategic progress.
Despite challenges, TPB's focus on long-term growth through optimization and efficiency is evident.
Opportunities for growth in Zig-Zag segment and strategic investments highlight a positive outlook for TPB.

Turning Point Brands exceeds Q2 expectations, eyes strategic growth

Turning Point Brands demonstrated robust financial performance, highlighted by revenue growth and increased EBITDA guidance. While facing challenges from external factors, the company's strategic initiatives and product innovations position it well for future growth and market expansion.

Turning Point Brands reports mixed Q3 results, eyes growth opportunities

Turning Point Brands showcased mixed performance with revenue decline but strong segment growth.
The company faces challenges in revenue generation and Zig-Zag segment recovery.
Opportunities lie in the national rollout of Fre nicotine product and differentiated offerings.
Overall, strategic focus on growth segments and cost management is crucial for future success.

Turning Point Brands excels in Q4, eyes sustainable growth

Turning Point Brands demonstrated resilience and growth in Q4, leveraging strengths in product innovation and alternative channel sales. While facing challenges in debt management and product line adjustments, the company is poised for financial expansion and operational enhancements through strategic investments.

Turning Point Brands reports strong Q1 performance and growth outlook

Turning Point Brands (TPB) delivered a robust performance in Q1 2024, driven by revenue growth and a focus on innovative products like FRE.
While facing challenges in sustaining growth momentum and managing costs, TPB remains confident in its financial outlook for 2024.
The company's strategic focus on expanding distribution and growing brands positions it well to capitalize on opportunities for future growth.

Turning Point Brands exceeds Q2 expectations, eyes growth opportunities

Turning Point Brands demonstrated robust financial performance in Q2, driven by revenue growth across key brands and a positive outlook for adjusted EBITDA.
While facing challenges related to debt management and evolving market dynamics, TPB remains well-positioned to leverage opportunities for growth and profitability.
By capitalizing on its strengths, addressing challenges effectively, and seizing strategic opportunities, TPB can sustain its growth trajectory and enhance shareholder value.
Strategic investments in product expansion, regulatory compliance, and market diversification will be crucial for TPB to navigate industry shifts and maintain its competitive edge.

Turning Point Brands exceeds Q3 expectations, navigates lighter category challenge

Turning Point Brands (TPB) reported robust Q3 performance, driven by revenue growth in key brands and strategic initiatives. While facing challenges in the lighter category, TPB is capitalizing on opportunities through brand expansion and enhanced market strategies. The company's strong financial position and increased guidance signal a positive outlook for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Turning Point Brands, Inc. engages in manufacturing, marketing, and distributing branded consumer products including alternative smoking accessories and consumables with active ingredients. It operates through the following segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, and MYO cigar wraps. The Stoker's Products segment manufactures and markets moist snuff and contracts for and markets loose leaf chewing tobacco products. The Creative Distribution Solutions segment markets and distributes liquid nicotine products and other products without tobacco or nicotine, distributes to non-traditional retail outlets via Vapor Beast, and offers products to individual consumers via the VaporFi B2C online platform. The company was founded by Thomas Helms, Jr. in 1988 and is headquartered in Louisville, KY.

Turning Point Brands, Inc. (NYSE:TPB ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Louie Reformina - CFO Graham Purdy – CEO Summer Frein - Chief Revenue Officer Conference Call Participants Vivien Azer - Cowen Eric Des Lauriers - Craig-Hallum Operator Good morning. And welcome to the Turning Point Brands' Fourth Quarter 2022 Earnings Conference Call.

Turning Point Brands, Inc. (TPB) Q4 2022 Earnings Call Transcript

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today financial results for the fourth quarter and full year ended December 31, 2022. Q4 2022 vs. Q4 2021 Total consolidated net sales decreased 1.8% to $103.4 million Combined net sales for Zig-Zag and Stoker's Products increased 1.

Turning Point Brands Announces Fourth Quarter and Full Year 2022 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review fourth quarter and fiscal year 2022 results. The conference call will be on Friday, February 24, 2023 at 10:00 a.m. Eastern to discuss results with the investment community. Interested analysts and professional investors can register and participate through one of these call-in numbers: (888) 330-2502 (U.S.

Turning Point Brands to Host Fourth Quarter and Fiscal Year 2022 Conference Call

Turning Point Brands' shares have suffered from its exposure to the controversial vaping industry. Its smoking and smokeless tobacco products are largely doing quite well, generating strong cash flows.

Has Turning Point Brands Reached A Turning Point?

British American Tobacco

Philip Morris

The Zacks Tobacco industry players are benefiting from solid pricing power as well as focus on innovation and expansion of low-risk products. These upsides bode well for Philip Morris (PM), British American Tobacco (BTI) and Turning Point Brands (TPB).

3 Tobacco Stocks to Watch on Impressive Industry Trends

Rithm Capital Corp

NEW YORK--( BUSINESS WIRE )--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Peggy Hwan Hebard as an independent member of the Board, effective as of January 1, 2023.

Rithm Capital Corp. Elects Peggy Hwan Hebard to the Board of Directors

GrowGeneration Corp

These ancillary cannabis stocks seem to be bouncing back.

Better Buy: GrowGeneration or Turning Point Brands?

Turning Point Brands, Inc. (NYSE:TPB ) Q3 2022 Earnings Conference Call October 26, 2022 8:30 AM ET Company Participants Louie Reformina - CFO Graham Purdy - CEO Conference Call Participants Vivien Azer - Cowen Eric Des Lauriers - Craig-Hallum Operator Good morning. And welcome to the Turning Point Brands Third Quarter 2022 Earnings Conference Call.

Turning Point Brands, Inc. (TPB) Q3 2022 Earnings Call Transcript

Turning Point Brands Inc. TPB, +6.15% said Wednesday its third-quarter earnings fell to $11.54 million, or 60 cents a share, from $13.47 million, or 65 cents a share, in the year-ago quarter. Breaking out one-time items, Turning Point Brands earned 72 cents a share.

Turning Point Brands profit falls but beats target

Turning Point Brands Announces Third Quarter 2022 Results

Turning Point Brands Inc. TPB, -0.85% on Monday named long-tenured company executive Graham Purdy as chief executive officer following Yavor Efremov's resignation as CEO and director. David Glazek will transition from non-executive to executive board chairman in January.

Zig-Zag papers maker Turning Point Brands names CEO and sees third-quarter revenue topping estimates

Turning Point Brands Appoints Long-Time Executive Graham Purdy as CEO

22nd Century Group

The Zacks Tobacco industry players are battling strict government regulations as well as commodity cost inflation. However, focus on low-risk products bode well for Philip Morris (PM), Turning Point Brands (TPB) and 22nd Century Group (XXII).

3 Tobacco Stocks to Watch Even Amid Industry Challenges

Turning Point Brands to Host Third Quarter 2022 Conference Call

There is more to the comparison, and in the sections below, we discuss why we believe TPB stock will offer better returns than PM stock in the next three years.

Is There A Better Pick Over Philip Morris Stock?

The share price declined by 59% due to weaker performance and a riskier debt position. Trailing twelve months' net sales declined as inflationary pressures caused changes in consumer habits.

Turning Point Brands: Short-Term Pain, Long-Term Gain

VAALCO Energy

GEO Group

Hibbett Sports

Salem Media Group

Tenet Healthcare

As major indices remain down by double digits year-to-date (YTD), you may be on the prowl for cheap bargain stocks. Even as the market's downturn this year has been the result of a worsening macro picture, to paraphrase Warren Buffett, being “greedy when others are fearful” can be a profitable move.

7 Cheap Bargain Stocks to Buy Now

Canopy Growth

HEXO Corp

High Tide

InMed Pharmaceuticals

Lexaria Bioscience

SNDL Inc.

Tilray Brands

Village Farms International

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks this week, and look ahead to how the cannabis industry will continue to develop in 2022.

9 Cannabis Stocks on Fire This Week

Earnings are out and investors didn't like what they saw.

Why Turning Point Brands Stock Plunged 19.6% Today

Turning Point Brands Inc. (NYSE:TPB ) Q2 2022 Results Conference Call July 27, 2022 8:30 AM ET Company Participants Yavor Efremov - President, CEO Louie Reformina - CFO Graham Purdy - COO Conference Call Participants Alec Legg - B. Riley Eric Des Lauriers - Craig-Hallum Capital Group Gaurav Jain - Barclays Vivien Azer - Cowen Operator Good morning, ladies and gentlemen, and welcome to the Turning Point Brands Second Quarter 2022 Earnings Conference Call.

Turning Point Brands Inc. (TPB) CEO Yavor Efremov on Q2 2022 Results - Earnings Call Transcript

Turning Point Brands (TPB) delivered earnings and revenue surprises of 6.06% and 4.08%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Turning Point Brands (TPB) Tops Q2 Earnings Estimates

Turning Point Brands Inc. TPB, -2.10% said Wednesday its second-quarter net income dropped to $5.42 million, or 30 cents a share, from $15.36 million, or 73 cents a share, in the year-ago quarter. Adjusted earnings for the maker of Zig-Zag rolling papers dropped to 70 cents a share from 84 cents a share in the year-ago quarter.

Rolling paper company Turning Point Brands profit falls as high gas prices impact business

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today financial results for the second quarter ended June 30, 2022. Q2 2022 vs. Q2 2021 Net sales decreased 16.1 percent to $102.9 million Combined net sales for Zig-Zag and Stoker's Products demonstrated resilience decreasing 0.9 perce

Turning Point Brands Announces Second Quarter 2022 Results

Turning Point Brands (TPB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Turning Point Brands (TPB) Upgraded to Strong Buy: What Does It Mean for the Stock?

Turning Point Brands (TPB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Turning Point Brands Stock (TPB)