Tag: Turning Point Brands

  • Turning Point Brands Declares Quarterly Dividend

    Turning Point Brands Declares Quarterly Dividend

    Turning Point Brands declared a regular quarterly dividend of $0.08 per common share, payable Jan. 8, 2027, to shareholders of record as of Dec. 18, 2026. The company’s brand portfolio includes Zig-Zag, Stoker’s, FRE, and ALP.

  • Turning Point Brands to Review Q3 Results Nov. 9

    Turning Point Brands to Review Q3 Results Nov. 9

    Turning Point Brands will review its third-quarter 2026 financial results during a conference call Nov. 9 at 9 a.m. EST. The call will be available via live webcast on the company’s investor relations website, with a replay available two hours after the call.

  • Turning Point’s Modern Oral Boosts Q2 Growth

    Turning Point’s Modern Oral Boosts Q2 Growth

    Turning Point Brands reported second-quarter net sales increased 22.6% to $142.9 million, driven by continued momentum in its modern oral nicotine business. Modern oral gross revenue surged 149% to $87 million, while net sales rose 128% to $68.4 million, accounting for 48% of total company net sales compared with 26% a year earlier. The company said growth in its FRE and ALP nicotine pouch brands supported stronger retail distribution and market penetration, prompting it to raise its full-year modern oral sales guidance.

    Despite the strong top-line performance, net income fell 75.2% to $3.6 million and adjusted EBITDA declined 50% to $15.2 million as the company increased sales and marketing investments to support its expanding nicotine pouch business. Turning Point now expects 2026 modern oral gross sales of $330 million to $350 million, up from its previous forecast of $280 million to $300 million, and modern oral net sales of $260 million to $270 million, reflecting confidence in continued category growth.

  • ALP Plans Expansion into 11 International Markets

    ALP Plans Expansion into 11 International Markets

    ALP Pouches announced that it will launch online sales for its nicotine pouches in 11 international markets starting in July, CEO Lorenzo De Plano told Reuters. De Plano said ALP, co-owned by Tucker Carlson and Turning Point Brands, is currently the fourth- or fifth-largest nicotine pouch brand in the United States with roughly 2% market share, and plans to expand its European presence to become the second-largest brand in the European Union by 2030. The rollout will begin in Britain, Ireland, Greece, Switzerland, and Romania in July, followed by additional launches across the Czech Republic, Poland, Portugal, Spain, Sweden, and Denmark later in 2026, with in-store retail expansion in the U.K. targeted for 2027.

    The company said it has secured manufacturing capacity in Lithuania for 20 million units in 2026 and 50 million units in 2027, and is also expanding supplier agreements to support production and distribution growth. ALP also entered a marketing partnership with former UFC champion Conor McGregor to support international expansion efforts.

  • Turning Point Announces Quarterly Dividend

    Turning Point Announces Quarterly Dividend

    Turning Point Brands, Inc. declared a quarterly dividend of $0.08 per common share, payable on July 10 to shareholders of record as of June 19. The company said it will continue its regular dividend program as part of its shareholder return strategy.

  • Turning Point Schedules Q1 2026 Earnings Call

    Turning Point Schedules Q1 2026 Earnings Call

    Turning Point Brands, Inc. announced it will report its first quarter 2026 results on May 7, with a conference call scheduled for 8:30 a.m. ET. The company said analysts and investors can join via dial-in or listen through a live webcast on its investor relations website, with a replay available shortly after the call.

  • Turning Point Brands Increases Stock Dividend

    Turning Point Brands Increases Stock Dividend

    The Board of Directors of Turning Point Brands, Inc. declared a regular quarterly dividend of $0.08 per common share. This is a 7% increase over the regular quarter dividend declared in November 2025. The dividend is payable on April 10, to shareholders of record on the close of business on March 20.

  • Turning Point to Host Q4, FY25 Financial Call March 2

    Turning Point to Host Q4, FY25 Financial Call March 2

    Turning Point Brands, Inc. announced it will host a conference call on March 2, at 9 a.m. ET to review its fourth quarter and full-year 2025 results. Those interested can join via toll-free 800-715-9871 or international 646-307-1963 using Event ID 6640134, with participants asked to dial in at least 10 minutes early. The call will also be webcast live in listen-only mode through the investor relations section of the company’s website, with a replay available approximately two hours after the event.

  • Stoker’s Offers Two New Dips

    Stoker’s Offers Two New Dips

    Stoker’s launched Stoker’s Proud, a new sub-brand “aimed at meeting growing demand for high-quality, value-priced smokeless tobacco.” Made with 100% American-grown tobacco from Kentucky and Tennessee and manufactured in the United States, Stoker’s Proud features a more traditional long cut format and is positioned as a complementary offering to the flagship Stoker’s line, the company says. The new products are available in two styles — Damn Straight, Long Cut and American Wintergreen, Long Cut — packaged in a classic 1.2-ounce can with an embossed metal lid.

    Thomas Helms III, senior brand director at Stoker’s, said the launch allows the company to serve consumers seeking more affordable options while maintaining its American-made heritage and product standards.

  • Turning Point’s Q4 Beats Estimates

    Turning Point’s Q4 Beats Estimates

    Turning Point Brands published fourth-quarter earnings with an investor presentation on its website yesterday that saw a decrease from last year but exceeded analysts’ expectations. It posted adjusted earnings per share of $0.98, surpassing the consensus estimate of $0.70. Revenue came in at $93.7 million, below the $102.28 million analysts were expecting. Its $104.5 million adjusted EBITDA FY 2024 was a 12.0% increase from 2023.

    For the fourth quarter, Turning Point saw net sales increase 12.8% YoY to $93.7 million, with an adjusted EBITDA of $26.2 million, up 5.3% over prior year. The Zig-Zag segment grew 1.8% while Stoker’s products jumped 25.8%. Turning Point Brands ended the quarter with $46.2 million in cash and $57.4 million available on its revolving credit facility.

    “We were pleased with our fourth quarter and full year 2024 results and the momentum we are seeing across the organization,” said Graham Purdy, President and CEO.

    Looking ahead, the company projects full-year 2025 adjusted EBITDA of $108 million to $113 million. It also expects combined Modern Oral sales of $60 million to $80 million.

    The company’s shares were up 5.60% in premarket trading today following the release.