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Turning Point Brands Inc (TPB) Q3 2024 Earnings Call Highlights: Strong Growth in Key Segments ... [Yahoo! Finance]

Turning Point Brands, Inc. (TPB) 
Last turning point brands, inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Gross Margin: Increased 10 basis points year over year to 50.8%. Zig Zag Revenue: Increased 6% to $49.3 million. Stoker's Revenue: Increased 12% to $41.4 million. Free Sales: Increased 342% to approximately $5 million for the quarter. Cash Position: Ended the quarter with over $33 million in cash. Free Cash Flow: $12.6 million for the quarter; $45.8 million year-to-date. Share Repurchase: $1.1 million worth of shares repurchased in the quarter. Full Year 2024 Adjusted EBITDA Guidance: Increased to $101 million to $103 million. CapEx Expectation: Revised to under $10 million for the year. Warning! GuruFocus has detected 7 Warning Signs with TPB. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Turning Point Brands Inc ( NYSE:TPB ) reported better-than-expected consolidated third-quarter results with an 11% increase in adjusted EBITDA to $27.2 million. The company raised its ful Show less Read more
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