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Turning Point Brands Inc - TPB STOCK NEWS

Welcome to our dedicated news page for Turning Point Brands (Ticker: TPB), a resource for investors and traders seeking the latest updates and insights on Turning Point Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Turning Point Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Turning Point Brands's position in the market.

Rhea-AI Summary
Turning Point Brands, Inc. (NYSE: TPB) will host a conference call on May 2nd, 2024, at 10:00 a.m. Eastern to discuss first quarter 2024 results with the investment community. Interested parties can participate via call-in numbers or listen to a live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
conferences earnings
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Rhea-AI Summary
Turning Point Brands, Inc. appoints Andrew Flynn as the new Chief Financial Officer, replacing Louie Reformina. Mr. Flynn brings extensive experience from Connected Cannabis Co. and Juul Labs, aiming to maximize shareholder value and drive long-term growth. The company praises his financial expertise and strategic planning skills.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
management
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Rhea-AI Summary
Turning Point Brands, Inc. (TPB) announces an 8% increase in their regular quarterly dividend to $0.07 per common share. The dividend will be payable on April 12, 2024, to shareholders of record on March 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
dividends
Rhea-AI Summary
Turning Point Brands, Inc. reports a 5.9% increase in net sales for Q4 2023, with Stoker’s Products showing significant growth. Adjusted EBITDA rose by 7.5% to $24.8 million, and FY 2023 free cash flow reached $61.2 million. However, total consolidated net sales decreased by 6.1% to $97.1 million in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.58%
Tags
-
Rhea-AI Summary
Turning Point Brands, Inc. (NYSE: TPB) has scheduled a conference call on February 28, 2024, at 10:00 a.m. Eastern to discuss fourth-quarter and fiscal year 2023 results with the investment community. Interested parties can participate by dialing the provided numbers or accessing the live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
conferences earnings
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Rhea-AI Summary
Turning Point Brands, Inc. (TPB) revises annual adjusted EBITDA guidance to $92-95 million and repurchases $15 million of outstanding convertible bonds. Q3 2023 net sales decreased by 5.6% to $101.7 million. Gross profit decreased by 2.1% to $51.6 million. Net income decreased by 6.1% to $10.8 million. Adjusted net income increased by 1.6% to $14.5 million. Diluted EPS of $0.58 and Adjusted Diluted EPS of $0.76. Zig-Zag Products net sales decreased by 10.2% but stable sequentially. Stoker's Products net sales increased by 10.1%. Company expects full-year 2023 adjusted EBITDA to be $92-95 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.64%
Tags
Rhea-AI Summary
Turning Point Brands, Inc. declares a regular quarterly dividend of $0.065 per common share. The dividend is payable on January 5, 2024, to shareholders of record on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
Tags
dividends
-
Rhea-AI Summary
Turning Point Brands, Inc. (NYSE: TPB) has announced that it will hold a conference call on November 8, 2023, at 10:00 a.m. Eastern to discuss its third quarter 2023 results. Interested analysts and professional investors can participate by dialing (888) 330-2502 (U.S., toll-free) or (240) 789-2713 (International) and entering the Event ID: 6640134. The call will also be available as a listen-only webcast on the company's investor relations website, with a replay available two hours after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
conferences earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.54%
Tags
Turning Point Brands Inc

NYSE:TPB

TPB Rankings

TPB Stock Data

476.56M
15.63M
4.46%
91.71%
1.22%
Tobacco Manufacturing
Manufacturing
Link
US
Louisville

About TPB

national tobacco company is an innovative marketer and manufacturer of tobacco products in the cigar, cigar wraps, moist snuff, loose leaf, myo cigarettes and pipe tobacco categories. ntc distributes over 150 tobacco products from a brand portfolio that includes zig-zag®, stoker’s® and beech-nut®. national tobacco is currently the leading distributor of cigarette papers and cigar wraps, and the #2 distributor of loose leaf chewing tobacco in the us. for more information, visit http://www.zigzag.com.