Turning Point - Tobacco Reporter https://tobaccoreporter.com Wed, 09 Jul 2025 20:55:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Zig-Zag Introduces Value-Priced, High-Turnover Line   https://tobaccoreporter.com/2025/07/09/zig-zag-introduces-value-priced-high-turnover-line/?utm_source=rss&utm_medium=rss&utm_campaign=zig-zag-introduces-value-priced-high-turnover-line Wed, 09 Jul 2025 20:26:28 +0000 https://tobaccoreporter.com/?p=164593 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.

The post Zig-Zag Introduces Value-Priced, High-Turnover Line   first appeared on Tobacco Reporter.

]]>
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.”

The post Zig-Zag Introduces Value-Priced, High-Turnover Line   first appeared on Tobacco Reporter.

]]>
FRE Announces Partnership with PBR Tour https://tobaccoreporter.com/2025/07/02/fre-announces-partnership-with-pbr-tour/?utm_source=rss&utm_medium=rss&utm_campaign=fre-announces-partnership-with-pbr-tour Wed, 02 Jul 2025 21:04:13 +0000 https://tobaccoreporter.com/?p=164509 FRE made its rodeo debut at Kid Rock’s Rock N Rodeo and the PBR World Finals in May.

The post FRE Announces Partnership with PBR Tour first appeared on Tobacco Reporter.

]]>
FRE Nicotine Pouches (part of Turning Point Brands) announced its largest sports sponsorship to date in becoming an official, multi-year partner of the Professional Bull Riders (PBR) Unleash the Beast tour, the sport’s top individual series.

“Professional bull riding delivers the most exciting eight seconds in sports, and we’re thrilled to be part of that energy through our title sponsorship of the Unleash The Beast,” said Connor Smith, VP of Marketing for FRE. “PBR’s viewership has been steadily rising, and the sport is selling out iconic venues coast to coast – that’s the kind of passionate, engaged audience that aligns perfectly with FRE’s innovative approach to nicotine. Our PBR partnership represents more than just sponsorship; it’s about connecting with fans who appreciate authenticity, seizing the moment, and pushing boundaries.”

FRE made its rodeo debut at Kid Rock’s Rock N Rodeo and the PBR World Finals in May. At the Championship event, FRE helped launch the “FRE Challenge Button,” allowing riders to request video reviews—a first in PBR history.

The post FRE Announces Partnership with PBR Tour first appeared on Tobacco Reporter.

]]>
Turning Point Announces 1Q YoY Increase of 28.1% https://tobaccoreporter.com/2025/05/07/turning-point-announces-1q-yoy-increase-of-28-1/?utm_source=rss&utm_medium=rss&utm_campaign=turning-point-announces-1q-yoy-increase-of-28-1 Wed, 07 May 2025 20:41:39 +0000 https://tobaccoreporter.com/?p=163870 Modern Oral sales were $22.3 million, up nearly 10 times versus the prior year and nearly double the prior quarter.

The post Turning Point Announces 1Q YoY Increase of 28.1% first appeared on Tobacco Reporter.

]]>
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.

The post Turning Point Announces 1Q YoY Increase of 28.1% first appeared on Tobacco Reporter.

]]>
Turning Point Announces Q1 Review https://tobaccoreporter.com/2025/04/25/turning-point-announces-q1-review/?utm_source=rss&utm_medium=rss&utm_campaign=turning-point-announces-q1-review Fri, 25 Apr 2025 02:04:22 +0000 https://tobaccoreporter.com/?p=163712 Turning Point announced that on May 7, it will hold a conference call to review 1st quarter 2025 results at 9:30 a.m. EST.

The post Turning Point Announces Q1 Review first appeared on Tobacco Reporter.

]]>
Turning Point Brands, Inc. announced that on May 7, it will hold a conference call to review 1st quarter 2025 results at 9:30 a.m. EST. Interested analysts and professional investors can register and participate through one of its call-in numbers:

(800) 715-9871 (U.S., toll-free)
(646) 307-1963 (International)
Event ID: 6640134

Participants should call at least 10 minutes before the start and follow the audio prompts after typing in the Event ID. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company’s website. The replay of the webcast will be available on the site two hours following the call.

The post Turning Point Announces Q1 Review first appeared on Tobacco Reporter.

]]>
Turning Point’s Q4 Beats Estimates https://tobaccoreporter.com/2025/03/06/turning-points-q4-beats-estimates/?utm_source=rss&utm_medium=rss&utm_campaign=turning-points-q4-beats-estimates Thu, 06 Mar 2025 16:09:55 +0000 https://tobaccoreporter.com/?p=163206 Turning Point Brands published fourth-quarter earnings that exceeded analysts’ expectations.

The post Turning Point’s Q4 Beats Estimates first appeared on Tobacco Reporter.

]]>
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.

The post Turning Point’s Q4 Beats Estimates first appeared on Tobacco Reporter.

]]>
Turning Point Increases Stock Dividend https://tobaccoreporter.com/2025/02/27/turning-point-increases-stock-dividend/?utm_source=rss&utm_medium=rss&utm_campaign=turning-point-increases-stock-dividend Thu, 27 Feb 2025 15:52:00 +0000 https://tobaccoreporter.com/?p=163096 Turning Point Brands, Inc. declared a regular quarterly dividend of $0.075 per common share, a 7% increase over the dividend declared in November.

The post Turning Point Increases Stock Dividend first appeared on Tobacco Reporter.

]]>
Yesterday (Feb 26), Turning Point Brands, Inc. declared a regular quarterly dividend of $0.075 per common share. This is a 7% increase over the regular quarter dividend declared in November 2024. The dividend is payable on April 11, 2025, to shareholders of record on the close of business on March 21, 2025.

TPB’s products are available in more than 220,000 retail outlets in North America, most noted for its Zig-Zag and Stoker’s brands.

The post Turning Point Increases Stock Dividend first appeared on Tobacco Reporter.

]]>
Turning Point to Host FY24 Conference Call https://tobaccoreporter.com/2025/02/21/turning-point-to-host-fy24-conference-call/?utm_source=rss&utm_medium=rss&utm_campaign=turning-point-to-host-fy24-conference-call Fri, 21 Feb 2025 21:17:54 +0000 https://tobaccoreporter.com/?p=163027 Turning Point Brands, Inc. announced that it will review its fourth-quarter and fiscal year 2024 results via a conference call on Thursday, March 6, 2025, at 10 a.m. EST.

The post Turning Point to Host FY24 Conference Call first appeared on Tobacco Reporter.

]]>
Turning Point Brands, Inc. announced that it will review its fourth-quarter and fiscal year 2024 results via a conference call on Thursday, March 6, 2025, at 10 a.m. EST.

Those interested should call 10 minutes before the event begins and follow the prompts to register. The dial-in numbers are 800-715-9871 (U.S., toll-free) and 646-307-1963 (international). The event ID is 6640134.

The call will also be broadcast live as a listen-only webcast from the investor relations section of the company’s website. The replay of the webcast will be available on the site two hours following the call.

The post Turning Point to Host FY24 Conference Call first appeared on Tobacco Reporter.

]]>