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Tag: Zig-Zag

  • Turning Point Sales Up 16.8% in Q1 2026

    Turning Point Sales Up 16.8% in Q1 2026

    Turning Point Brands reported first-quarter 2026 net sales of $124.3 million, up 16.8% year-over-year, driven primarily by strong growth in its Modern Oral segment. The Stoker’s division, which accounts for the majority of revenue, saw net sales rise 48.1% due to triple-digit growth in modern oral products, while the Zig-Zag segment declined 22.4% amid lower U.S. shipments. Gross profit increased 14.6% to $68.3 million, though net income fell 19% to $11.7 million, reflecting higher investment in sales, marketing and distribution.

    The company said it is investing heavily to capture growth in the evolving nicotine category, particularly in nicotine pouches, and raised its full-year outlook for Modern Oral sales. Turning Point Brands expects Modern Oral gross sales of $280–$300 million in 2026 and remains focused on scaling the segment while leveraging cash flow from legacy brands to support long-term growth.

  • Turning Point Reports 31% Profit Increase for FY25

    Turning Point Reports 31% Profit Increase for FY25

    Turning Point Brands, Inc. reported strong growth in Q4 2025, driven by its Modern Oral category, which saw net sales surge 266% to $41.3 million, now accounting for 34% of total company net sales compared with 12% in Q4 2024. Total consolidated net sales rose 29.2% to $121.0 million, with Stoker’s segment up 69.5% and Zig-Zag segment down 12.8%. Adjusted EBITDA increased 14% to $30.0 million, while net income climbed 239.8% to $8.2 million. For the full year, consolidated net sales rose 28.4% to $463.1 million, with net income up 46.1% to $58.2 million and adjusted EBITDA up 14.4% to $119.5 million. CEO Graham Purdy highlighted strong performance from FRE and ALP brands, emphasizing Modern Oral as a key driver for long-term category share growth while legacy brands continue to generate reliable cash flows.

    The company said it is well-prepared for FY 2026, expecting Modern Oral gross revenue of $220–$240 million and net revenue of $180–$190 million, with Q1 2026 adjusted EBITDA projected at $24–$27 million, inclusive of marketing and trade investments. Stoker’s segment continues to lead sales at 67% of the total, driven by triple-digit Modern Oral growth, while Zig-Zag’s 33% contribution reflects declines due to the planned wind-down of Clipper products. TPB has strengthened operational systems, including digital tracking and FDA compliance support, and maintains liquidity of $290.1 million, comprising $222.8 million in cash and $68.1 million in asset-backed credit.

  • Turning Point Reports Strong Q3 2025

    Turning Point Reports Strong Q3 2025

    Turning Point Brands, Inc. posted third-quarter 2025 net sales of $119.0 million, up 31.2% year-over-year, driven by Stoker’s segment growth of 80.8%. Gross profit rose 39.7% to $70.4 million, while net income increased 70.3% to $21.1 million, the company said today (November 5).

    The company highlighted Modern Oral sales of $36.7 million, up 628% from last year, with U.S. white pouch production lines expected to qualify in H1 2026. The Zig-Zag segment saw a 10.5% decline, mainly due to the Clipper business wind-down.

    TPB ended Q3 with $201.2 million in cash, total liquidity of $267.8 million, and net debt of $98.8 million. The company raised $97.5 million through its ATM offering to accelerate Modern Oral growth.

    For full-year 2025, TPB raised Adjusted EBITDA guidance to $115–120 million and Modern Oral sales forecast to $125–130 million.

  • Zig-Zag Introduces Value-Priced, High-Turnover Line  

    Zig-Zag Introduces Value-Priced, High-Turnover Line  

    Zig-Zag launched itsWoods brand, a new line of premium natural leaf cigars designed to meet rising demand in the rough-cut segment. Many consumers refer to rough-cut cigars as “woods.”

    “Zig-Zag Woods features a slow-burning, all-natural leaf wrap filled with premium rough-cut tobacco, delivering a rich and smooth smoking experience,” the company said. “With bold flavor profiles and recognizable Zig-Zag branding, this line is engineered for fast sell-through and high margins.”

    The cigars will be offered in five flavors and be pre-priced at $1.39 for two sticks. They will be sold in 15-pouch cartons and 24-carton cases, “ready to hit retail shelves with high-margin potential.”

  • Turning Point Announces 1Q YoY Increase of 28.1%

    Turning Point Announces 1Q YoY Increase of 28.1%

    Turning Point Brands, Inc. today (May 7) announced financial results for the first quarter ended March 31, with net sales increasing 28.1% YoY to $106.4 million.

    “We are pleased with our first quarter results,” said Graham Purdy, President and CEO. “Modern Oral sales were $22.3 million, up nearly 10 times versus the prior year and nearly double the prior quarter. MST and looseleaf exceeded our expectations, and Zig-Zag was in line with our expectations.”

    The announcement included a Q1 2025 Adjusted EBITDA of $27.7 million, up 12.0% over the prior year, and a reaffirmation of previously announced 2025 Adjusted EBITDA guidance of $108 million to $113 million; increasing full-year consolidated nicotine pouch sales guidance to a range of $80 million to $95 million, from $60 million to $80 million.

    The company said Stoker’s Products net sales increased 62.7%; Zig-Zag Products net sales increased 1.2%; and gross profit increased 23.3% to $59.6 million.

  • Zig-Zag Launches New Hemp Wrap Flavors

    Zig-Zag Launches New Hemp Wrap Flavors

    Credit: Zig-Zag

    Zig-Zag rolling papers announced the expansion of its hemp wrap line, featuring 100 percent tobacco-free hemp wraps in four new flavors: Sour Squeeze, Georgia Peach, Summer Slice, and Mellow Haze.

    The wraps are designed to enhance the smoking experience with their smooth, slow-burning properties and exceptional draw, according to a release.

    Each pack of Zig-Zag Hemp Wraps includes two premium wraps and a convenient packing straw, ensuring an “effortless and enjoyable rolling experience.

    The new hemp wraps are exclusively available in 25-pack cartons online for $24.75 and in 2 packs at retail across the country.

    “Our new hemp wraps are crafted to deliver a superior smoking experience without the use of tobacco,” said Stacey Neuhaus at Zig-Zag. “We are excited to introduce these unique flavors to our lineup, offering our customers more options to enjoy their smoking rituals.”