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. (“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 that it has increased its equity stake in ReCreation Marketing (“ReCreation”), a Canadian distribution company, from 50 percent to 65 percent. The transaction was completed on Friday, July 30, 2021. ReCreation Marketing is a speci

Turning Point Brands Increases Equity Stake in ReCreation Marketing, a Leading Canadian Distribution Company

Zig-Zag papers maker Turning Point Brands (NYSE:TPB) recently completed an $8 million strategic investment in Old Pal, one of the most recognizable and top-selling brands in the cannabis lifestyle industry. Turning Point Brands invested in the form of a convertible note, which includes additional follow-on investment rights.

NYSE-Traded Zig-Zag Maker Turning Point Brands Invests $8M In Cannabis Co. Old Pal

A bet on cannabis legalization through an asset-light business trading at a cheap valuation.

Turning Point Brands: Zig When Others Zag

Turning Point Brands owns Zig-Zag, the #1 rolling paper brand in the U.S. Rolling papers are benefitting from the increase in marijuana legalization and consumption across the country.

Turning Point Brands: A Profitable Cannabis Company At A Compelling Valuation

Turning Point Brands, Inc. (TPB) CEO Larry Wexler on Q2 2021 Results - Earnings Call Transcript

Consumer products company Turning Point Brands, Inc. (NYSE:TPB) reported Tuesday its net sales amounted to $122.6 million in the second quarter of 2021, representing a year-over-year increase of 16.8%. Moreover, for the full year 2021, the company anticipates generating between $447 to $462 million in net sales.

Turning Point Brands Shares Up On 16.8% Higher Q2 Net Sales Of $122.6M, Increases 2021 Guidance

Turning Point Brands (TPB) delivered earnings and revenue surprises of 9.09% and 13.98%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Turning Point Brands (TPB) Q2 Earnings and Revenues Surpass Estimates

Shares of Turning Point Brands (NYSE:TPB) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 18.31% over the past year to $0.84, which beat the estimate of $0.65.

Recap: Turning Point Brands Q2 Earnings

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, 2021. Q2 2021 vs. Q2 2020 Net sales increased 16.8 percent to $122.6 million Gross profit increased 25.1 percent to $60.0 million Net income increased 49.2 percent to $15.4 m

Turning Point Brands Announces Second Quarter 2021 Results; Increases 2021 Guidance

On Tuesday, July 27, Turning Point Brands (NYSE:TPB) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings Outlook For Turning Point Brands

Turning Point Brands (NYSE:TPB) unveils its next round of earnings this Tuesday, July 27. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Turning Point Brands's Earnings Outlook

Turning Point Brands Inc (NYSE: TPB), a branded consumer products manufacturer, has acquired the cigar assets of Unitabac LLC  for an undisclosed sum. The deal includes the portfolio of cigarillo products and all related intellectual property, including Cigarillo Non-Tip (NT) Homogenized Tobacco Leaf (HTL), Rolled Leaf, and Natural Leaf Cigarillo Products.

Turning Point Brands Acquires Unitabac Cigar Portfolio For Undisclosed Sum

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 that the Company has acquired certain cigar assets of Unitabac, LLC (“Unitabac”). The acquisition is comprised of a robust portfolio of cigarillo products and all related intellectual property, including Cigarillo Non-Tip (NT) Hom

Turning Point Brands Acquires Unitabac Cigar Portfolio

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 that the Company has completed a $8 million strategic investment in Old Pal Holding Company LLC (“Old Pal”), one of the most recognizable and top-selling brands in the cannabis lifestyle space. TPB invested in the form of a conver

Turning Point Brands Invests $8 Million in Lifestyle Cannabis Brand Old Pal Through Convertible Note

Turning Point Brands (TPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Turning Point Brands (TPB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review second quarter 2021 results. The conference call will be on Tuesday, July 27, 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: (833) 350-1456 (U.S., toll-free) (647) 689-6664 (International) Event ID: 3397945 Participants

Turning Point Brands to Host Second Quarter 2021 Conference Call

Turning Point Brands owns Zig-Zag rolling papers and benefits from the growing cannabis markets. They report their Q2-2021 earnings on July 27, pre-market, and expect revenues between $103 and $109 million.

Insight Into Turning Point Brands' Upcoming Q2 Earnings

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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, today announced that its iconic brand Zig-Zag has partnered with One Tree Planted, a non-profit 501(c)(3) environmental tree planting charity, to launch the new Burn One / Plant One program. Focused on fostering a healthy climate, protecting biod

Turning Point Brands' Zig-Zag Partners with One Tree Planted to Launch Burn One / Plant One Program

Turning Point Brands, Inc. (TPB) CEO Larry Wexler on Q1 2021 Results - Earnings Call Transcript

Turning Point Brands (TPB) delivered earnings and revenue surprises of 25.00% and 5.74%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Turning Point Brands (TPB) Q1 Earnings and Revenues Top Estimates

Shares of Turning Point Brands (NYSE:TPB) decreased 3.8% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 56.86% year over year to $0.80, which beat the estimate of $0.64.

Turning Point Brands: Q1 Earnings Insights

Turning Points Brands Inc. shares rose about 3% in premarket trade Tuesday, after the maker of vapes and other accessories for the cannabis market . The Louisville, Kentucky-based company posted net income of $11.8 million, or 57 cents a share, for the quarter, up from $4.5 million, or 22 cents a share, in the year-earlier period.

Cannabis accessories maker Turning Point tops Q1 earnings estimates, raises guidance

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, today announced financial results for the first quarter ended March 31, 2021. First Quarter 2021 (Comparisons vs. same period a year-ago) Net sales increased 18.7% to $107.6 million Gross profit increased 28.6% to $53.3 million Net income increase

Turning Point Brands Announces First Quarter 2021 Results, Increases 2021 Guidance

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