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0 0 0 0 0.00397219463753705 0.00439778692013035 -0.00482337920272384 -0.0211377500354662
Stock impact report

Turning Point Brands Announces Fourth Quarter and Full Year 2024 Results

Turning Point Brands, Inc. (TPB) 
Last turning point brands, inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Business Wire
Q4 2024 Adjusted EBITDA of $26.2 million, up 5.3% over prior yearNet Sales for Q4 2024 Increased 12.8% Year-Over-Year to $93.7 millionFY 2024 Adjusted EBITDA of $104.5 million, up 12.0% over prior yearFY 2025 guidance: Adjusted EBITDA of $108-113 million and Modern Oral sales of $60-80 million LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, today announced financial results for the fourth quarter and full year ended December 31, 2024.Q4 2024 vs. Q4 2023Total consolidated net sales increased 12.8% to $93.7 millionZig-Zag Product Segment net sales increased 1.8%Stoker’s Product Segment net sales increased 25.8%Gross profit increased 10.6% to $52.4 millionAdjusted EBITDA increased 5.3% to $26.2 million (see Schedule A for a reconciliation to net income)Net income decreased 76.1% to $ Show less Read more
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