STOCK TITAN
  1. Home
  2. News
  3. TPB

Turning Point Brands, Inc. - TPB STOCK NEWS

Welcome to our dedicated page for Turning Point Brands news (Ticker: TPB), a resource for investors and traders seeking the latest updates and insights on Turning Point Brands stock.

Turning Point Brands, Inc. (TPB) is a prominent manufacturer and marketer of consumer products, specifically focusing on the Other Tobacco Products (OTP) market in the United States. The company's diverse portfolio includes moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make-your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. TPB operates through three main segments: Zig-Zag products, Stoker's products, and NewGen products, with the Zig-Zag segment contributing the most to its revenue.

National Tobacco Company (NTC), a key division of TPB, is renowned for its innovative marketing and manufacturing of tobacco products. NTC's wide-ranging catalog includes over 150 tobacco items, featuring popular brands such as Zig-Zag®, Stoker’s®, and Beech-Nut®. As a leader in cigarette papers and cigar wraps distribution, and the second-largest distributor of loose-leaf chewing tobacco in the U.S., NTC plays a crucial role in TPB's market presence.

TPB's commitment to growth and innovation is evident in its ongoing projects and strategic partnerships. The company continually seeks to expand its product offerings and enhance its distribution network. Financially, TPB remains stable and is dedicated to delivering value to its shareholders through strategic business decisions and innovative product development.

For the latest updates and comprehensive information about Turning Point Brands, Inc., including recent achievements, ongoing projects, and financial performance, visit http://www.zigzag.com.

News

Turning Point Brands Appoints Andrew Flynn as Chief Financial Officer

Rhea-AI Summary
Turning Point Brands, Inc. appoints Andrew Flynn as the new Chief Financial Officer, replacing Louie Reformina. Mr. Flynn brings extensive experience from Connected Cannabis Co. and Juul Labs, aiming to maximize shareholder value and drive long-term growth. The company praises his financial expertise and strategic planning skills.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
management
-
News

Turning Point Brands Increases Common Stock Dividend

Rhea-AI Summary
Turning Point Brands, Inc. (TPB) announces an 8% increase in their regular quarterly dividend to $0.07 per common share. The dividend will be payable on April 12, 2024, to shareholders of record on March 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
dividends
-
News

Turning Point Brands Announces Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary
Turning Point Brands, Inc. reports a 5.9% increase in net sales for Q4 2023, with Stoker’s Products showing significant growth. Adjusted EBITDA rose by 7.5% to $24.8 million, and FY 2023 free cash flow reached $61.2 million. However, total consolidated net sales decreased by 6.1% to $97.1 million in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.58%
Tags
earnings
News

Turning Point Brands to Host Fourth Quarter and Fiscal Year 2023 Conference Call

Rhea-AI Summary
Turning Point Brands, Inc. (NYSE: TPB) has scheduled a conference call on February 28, 2024, at 10:00 a.m. Eastern to discuss fourth-quarter and fiscal year 2023 results with the investment community. Interested parties can participate by dialing the provided numbers or accessing the live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
conferences earnings
-
News

Turning Point Brands Announces Third Quarter 2023 Results and Closing of New ABL Facility

Rhea-AI Summary
Turning Point Brands, Inc. (TPB) revises annual adjusted EBITDA guidance to $92-95 million and repurchases $15 million of outstanding convertible bonds. Q3 2023 net sales decreased by 5.6% to $101.7 million. Gross profit decreased by 2.1% to $51.6 million. Net income decreased by 6.1% to $10.8 million. Adjusted net income increased by 1.6% to $14.5 million. Diluted EPS of $0.58 and Adjusted Diluted EPS of $0.76. Zig-Zag Products net sales decreased by 10.2% but stable sequentially. Stoker's Products net sales increased by 10.1%. Company expects full-year 2023 adjusted EBITDA to be $92-95 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.64%
Tags
earnings
-
News

Turning Point Brands Declares Common Stock Dividend

Rhea-AI Summary
Turning Point Brands, Inc. declares a regular quarterly dividend of $0.065 per common share. The dividend is payable on January 5, 2024, to shareholders of record on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
Tags
dividends
News

Turning Point Brands to Host Third Quarter 2023 Conference Call

Rhea-AI Summary
Turning Point Brands, Inc. (NYSE: TPB) has announced that it will hold a conference call on November 8, 2023, at 10:00 a.m. Eastern to discuss its third quarter 2023 results. Interested analysts and professional investors can participate by dialing (888) 330-2502 (U.S., toll-free) or (240) 789-2713 (International) and entering the Event ID: 6640134. The call will also be available as a listen-only webcast on the company's investor relations website, with a replay available two hours after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
conferences earnings
-
News

Turning Point Brands Declares Common Stock Dividend

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
dividends
-
News

Turning Point Brands Announces Second Quarter 2023 Results; Increases 2023 Guidance

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.54%
Tags
earnings
News

Turning Point Brands to Host Second Quarter 2023 Conference Call

Rhea-AI Summary
Turning Point Brands, Inc. (NYSE: TPB) has announced that it will be holding a conference call on August 2, 2023, at 10:00 a.m. Eastern to discuss its second quarter 2023 results with the investment community. Interested analysts and professional investors can participate by dialing in using the provided call-in numbers. The call will also be broadcast live as a listen-only webcast on the company's website, with a replay available two hours after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
conferences earnings

FAQ

What is the current stock price of Turning Point Brands (TPB)?

The current stock price of Turning Point Brands (TPB) is $59.14 as of December 20, 2024.

What is the market cap of Turning Point Brands (TPB)?

The market cap of Turning Point Brands (TPB) is approximately 1.0B.

What is Turning Point Brands, Inc.?

Turning Point Brands, Inc. (TPB) is a manufacturer and marketer of consumer products focused on the Other Tobacco Products (OTP) market in the U.S.

What products does Turning Point Brands offer?

TPB offers moist snuff tobacco, loose-leaf chewing tobacco, premium cigarette papers, make-your-own cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products.

What are the main segments of Turning Point Brands?

TPB operates through three main segments: Zig-Zag products, Stoker's products, and NewGen products.

Which segment generates the most revenue for TPB?

The Zig-Zag products segment generates the most revenue for TPB.

What is the role of National Tobacco Company within TPB?

National Tobacco Company (NTC), a division of TPB, is a leading distributor of cigarette papers and cigar wraps, and the second-largest distributor of loose-leaf chewing tobacco in the U.S.

What are some popular brands under National Tobacco Company?

Popular brands under NTC include Zig-Zag®, Stoker’s®, and Beech-Nut®.

Where can I find more information about TPB?

More information about TPB can be found on their website: http://www.zigzag.com.

What is TPB's commitment to innovation?

TPB is committed to growth and innovation, continually expanding its product offerings and enhancing its distribution network.

How does TPB deliver value to its shareholders?

TPB delivers value to its shareholders through strategic business decisions, innovative product development, and financial stability.

What is TPB's market position in the OTP industry?

TPB is a leading player in the OTP industry, known for its diverse product portfolio and significant market presence in the U.S.

Stock TPB logo
Turning Point Brands, Inc.

NYSE:TPB

TPB Rankings

#2489 Ranked by Market Cap
#2026 Ranked by Dividends

TPB Stock Data

1.05B
16.90M
4.58%
83.35%
1.03%
Tobacco
Tobacco Products
Link
United States of America
LOUISVILLE