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.

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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.

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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.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced today that it has received a United States Postal Service (“USPS”) exemption to ship vapor products to thousands of age-restricted vape shops across the United States through VaporBeast and other websites. “We remain focused on providing a positive experience for our customers,” said Marc Waxman, President of NewGen at Turning Point Brands. “As one of the first to apply for and receive an exemption from the USPS,

VaporBeast Receives Shipping Exemption from USPS

Turning Point Brands Inc (NYSE: TPB)  has appointed Yavor Efremov as President and Chief Executive Officer, effective January 11, 2022. Efremov will succeed Larry Wexler, who will retire as CEO in January 2022.

Turning Point Brands Appoints Yavor Efremov As CEO

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 the appointment of Yavor Efremov as President and Chief Executive Officer, effective January 11, 2022. Mr. Efremov succeeds the Company's current CEO, Larry Wexler, who will retire in January following 18 highly successful years a

Turning Point Brands Names Former Liberty Media Executive Yavor Efremov as CEO

MONTREAL--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, and ReCreation Marketing (“ReCreation”), a Canadian distribution company, announced today that ReCreation Marketing has changed its name, and will be known and operate as Turning Point Brands Canada (“TPB Canada”), effective December 6, 2021. The name change follows a t

Turning Point Brands, Inc. and ReCreation Marketing Announce that ReCreation Marketing Has Changed Its Name to Turning Point Brands Canada

Turning Point Brands, Inc. and ReCreation Marketing Announces that ReCreation Marketing Has Changed Its Name to Turning Point Brands Canada

LOS ANGELES--(BUSINESS WIRE)--Zig-Zag and Turning Point Brands, Inc. (NYSE: TPB) announced today the launch of Zig-Zag Studio (or “Studio”), the next chapter of the evolution of content, collaborations and media supporting the iconic Zig-Zag brand, on ZigZag.com. For decades, Zig-Zag has been widely recognized as a pop culture staple and cornerstone of music and smoking culture. With the launch of Zig-Zag Studio, the brand aims to further its legacy as a media platform and cultural hub where ad

Iconic Rolling Paper Brand Zig-Zag Announces Launch of Zig-Zag Studio

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Turning Point Brands (TPB) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down 18.5% in 4 Weeks, Here's Why Turning Point Brands (TPB) Looks Ripe for a Turnaround

Turning Point Brands, Inc. (TPB) CEO Larry Wexler on Q3 2021 Results - Earnings Call Transcript

Turning Point Brands (TPB) delivered earnings and revenue surprises of 2.86% and -3.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Turning Point Brands (TPB) Tops Q3 Earnings Estimates

Zig-Zag rolling papers producer, Turning Point Brands (NYSE:TPB), reported its financial results on Tuesday for the third quarter ended September 30, 2021. Based in Louisville, Kentucky, the company announced that its net sales increased 5.5% year over year to $109.9 million, missing estimates by $3.03 million, according to Seeking Alpha.

Zig-Zag Maker Turning Point Brands' Stock Plunges As It Misses On Q3 2021 Revenue, Lowers Its 2021 Outlook

The maker of rolling papers, snuff, chewing tobacco, and vaping products offered up a dour outlook.

Why Cigarette Alternative Turning Point Brands Is Tumbling Today

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 third quarter ended September 30, 2021. Q3 2021 vs. Q3 2020 Net sales increased 5.5 percent to $109.9 million Gross profit increased 12.3 percent to $54.3 million Net income increased 49.3 percent to $13.

Turning Point Brands Announces Third Quarter 2021 Results; Updates 2021 Guidance and Increases Share Repurchase Authorization

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LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review third quarter 2021 results. The conference call will be on Tuesday, October 26, 2021 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) 660-6731 (U.S., toll-free) (929) 203-1976 (International) Event ID: 6640134 Participant

Turning Point Brands to Host Third Quarter 2021 Conference Call

Turning Point Brands Inc (NYSE: TPB) stated that the Food and Drug Administration (FDA) had rescinded its September 14 Marketing Denial Order (MDO) for certain of its vapor products with pending Premarket Tobacco Product Applications (MTAs) under review. All of TPB's proprietary vapor products, including its Solace branded e-liquids, will continue to be marketed while they remain under review.

FDA Rescinds Marketing Denial Order For Turning Point Brands' Vapor Products

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, was informed by the Food and Drug Administration (“FDA”) that the agency had rescinded its September 14 Marketing Denial Order (“MDO”) for certain of its vapor products with pending Premarket Tobacco Product Applications (“PMTAs”) under review. Al

FDA Rescinds Previously Disclosed Marketing Denial Order for Turning Point Brands' Vapor Products

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New York, New York--(Newsfile Corp. - September 21, 2021) -  Pomerantz LLP is investigating claims on behalf of investors of Turning Point Brands, Inc. ("Turning Point" or the "Company") (NYSE: TPB). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Turning Point and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors Turning Point Brands, Inc. - TPB

Tobacco and accessories company Turning Point Brands Inc.'s TPB, +0.34% shares fell 5% Friday after it said it's considering a formal appeal and potential legal relief as a result of a market denial order (MDO) from the U.S. Food and Drug Administration for some of its vapor products. "TPB will continue to engage with the FDA and other stakeholders as we consider options moving forward," the company said.

Turning Point Brands shares fall on FDA denial order

LOUISVILLE, Ky.--(BUSINESS WIRE)--On September 14, 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, was informed by the Food and Drug Administration that the agency has issued a Marketing Denial Order (“MDO”) in response to a Premarket Tobacco Product Application (“PMTA”) covering certain of the Company's vapor products. The Com

Turning Point Brands Provides Update on PMTA Process

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Branded consumer products manufacturer Turning Point Brands Inc (NYSE: TPB) has increased its equity stake in ReCreation Marketing  (ReCreation), a Canadian distribution company, from 50% to 65%. Turning Point Brands expects to continue its expansion in Canada with the ReCreation partnership.

News for Turning Point Brands Stock (TPB)