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Turning Point Brands Inc   (TPB)
Other Ticker:  
 
    Sector  Consumer Non Cyclical    Industry Tobacco
   Industry Tobacco
   Sector  Consumer Non Cyclical
 
Price: $32.8600 $0.16 0.489%
Day's High: $32.95 Week Perf: -1.32 %
Day's Low: $ 32.71 30 Day Perf: 18.29 %
Volume (M): 52 52 Wk High: $ 34.71
Volume (M$): $ 1,715 52 Wk Avg: $25.03
Open: $32.92 52 Wk Low: $19.67



 Market Capitalization (Millions $) 663
 Shares Outstanding (Millions) 20
 Employees 1,127
 Revenues (TTM) (Millions $) 401
 Net Income (TTM) (Millions $) 43
 Cash Flow (TTM) (Millions $) 23
 Capital Exp. (TTM) (Millions $) 4

Turning Point Brands Inc
Turning Point Brands Inc (TPB) is a consumer products company that specializes in manufacturing and marketing smokeless tobacco, smoking accessories, and lifestyle products in the United States. The company operates in three segments: Smokeless Products, Smoking Products, and NewGen Products.

The Smokeless Products segment primarily includes moist snuff, loose-leaf chewing tobacco, and dry snuff. Within this segment, TPB offers several brands, including Stokeres, Zig-Zag, and Beech-Nut. These products are primarily sold to distributors, wholesalers, and retailers, including convenience stores, grocery stores, and tobacco outlets.

The Smoking Products segment includes cigars, cigarillos, and little cigars. Within this segment, TPB offers brands such as Night Owl, Havana Honeys, and Old Whiskey River. These products are sold primarily to tobacco outlets and other specialty retailers.

The NewGen Products segment includes electronic vaping products and other non-combustible nicotine alternatives. This segment includes brands like VaporBeast and VaporFi, which offer a wide range of e-cigarettes, vaping devices, and e-liquids. This segment also includes other non-nicotine lifestyle products, such as CBD-infused products and hemp-derived products.

Turning Point Brands Inc has a strong distribution network that spans across the United States. The company operates from its headquarters in Louisville, Kentucky, and has regional offices in New York City, Los Angeles, and Manila. TPB employs over 1,000 people and generated $422 million in revenue in 2020.

TPB has a commitment to using sustainable practices in its operations and products. The company has an environmental policy that outlines its commitment to reducing its carbon footprint, promoting sustainable sourcing, and using eco-friendly packaging.

Overall, Turning Point Brands Inc is a well-established consumer products company that offers several popular brands in the smokeless tobacco, smoking accessories, and lifestyle products categories. The company has a strong distribution network and has shown a commitment to sustainability, making TPB a strong player in the industry.


   Company Address: 5201 Interchange Way Louisville 40229 KY
   Company Phone Number: 778-4421   Stock Exchange / Ticker: NYSE TPB
   


   

Stock Performances by Major Competitors

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Turning Point Brands Inc

Turning Point Brands Inc Sees Revenue Drop in Q1 2024, But Earnings Per Share Increase Significantly

Turning Point Brands Inc (TPB) recently reported its financial results for the first quarter of 2024, revealing a mix of positive and negative outcomes. Despite a decrease in revenue, the company managed to improve its earnings per share, resulting in a significant increase in income. The corporation also highlighted its improving profit margins, with both net margin and operating margin showing growth.
In terms of financial performance, Turning Point Brands Inc experienced a decline in revenue by -4.006% to $96.91 million, year on year. This decrease was also evident when comparing results from the preceding quarter, as revenue fell by -0.161% from $97.07 million. However, the company saw an increase in income, with a jump of 53.66% to $0.63 per share. In the previous quarter, income also grew by 22.7% from $0.51 per share.

Management Changes

Turning Point Brands Appoints Andrew Flynn as CFO, Achieves Steady Growth and Improves ROI

Published Mon, Mar 11 2024 11:30 AM UTC

Turning Point Brands Appoints Andrew Flynn as Chief Financial Officer
Louisville, KY - Turning Point Brands, Inc. (TPB), a leading manufacturer, marketer, and distributor of branded consumer products, has announced the appointment of Andrew Flynn as the company's new Chief Financial Officer. The appointment will be effective on or before April 1, 2024. Flynn will be repl...

Turning Point Brands Inc

Turning Point Brands Inc. Experiences Promising Financial Growth in Q4 2023



Turning Point Brands Inc., a leading manufacturer and distributor of branded consumer products, recently announced positive financial results for the fourth quarter of 2023. Despite facing challenges in the stock market, the company achieved impressive milestones, including a turnaround in income, increased profit margins, and improved operating earnings.
Financial Performance Highlights:
For the fourth quarter of 2023, Turning Point Brands Inc reported a significant turnaround in income, with earnings per share reaching $0.51 compared to a loss per share of $0.93 in the same period the previous year. However, profits fell by -11.47% from $0.58 per share in the prior reporting season.

Dividend

Turning Point Brands Inc. Increases Quarterly Dividend by 8%, Share Price Continues to Decline

Published Wed, Feb 28 2024 9:15 PM UTC


In a recent press release, Turning Point Brands Inc. announced that its Board of Directors has declared a regular quarterly dividend of $0.07 per common share, marking an 8% increase over the previous quarter. This news comes amidst a challenging period for the company, as its stock price has declined by 11.97% during the first quarter of 2024, with the stock currently ...

Turning Point Brands Inc

Turning Point Brands Inc's Revenue Recedes, Marking Single-Digit Decline over Fiscal Span Ending September 30, 2023

Turning Point Brands Inc, a manufacturer, marketer, and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, experienced a decline in its stock value over the past month. The stock went down by -9.75%, and over the past 12 months, it has decreased by 22.49%. However, despite the recent decline, Turning Point Brands Inc stock is still trading 9.3% above its 52-week low.
The company reported weak financial results for the third quarter of 2023, with a decrease in both bottom-line and revenue compared to the previous year. The bottom line declined by -3.33% to $0.58 per share, and revenue decreased by -5.733% to $101.62 million. In contrast, the income improved by 9.43% to $0.53 per share, although revenue decreased by -3.762% to $105.60 million.






 

Turning Point Brands Inc's Segments
 
 
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  Revenue Outlook
Turning Point Brands Inc does not provide revenue guidance.

Earnings Outlook
Turning Point Brands Inc does not provide earnings estimates.

 
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