Inferra AI / Company / TPB
Turning Point Brands, Inc.
TPB · Consumer Staples
Last earnings Aug 4, 2026
Key results
Net incomequarter
11.3%
Net Income increased 11.3% to $14.5 million Adjusted EBITDA increased 14.8% to $30.5 million (see Schedule A for a reconciliation to net income)
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Adjusted net incomequarter
4.5%
Adjusted Net Income increased 4.5% to $18.0 million (see Schedule B for a reconciliation to net income)
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Revenuequarter
62.9%
Stoker s Products Segment (60% of total net sales in the quarter) For the second quarter, Stoker s segment net sales increased 62.9% from the prior year to $69.6 million, driven by strong growth in Modern Oral sales, mid-single-digit growth in MST offset by low single-digit declines in looseleaf.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Gross marginquarter
62.5%
Gross margin increased 750 basis points from the prior year and 500 basis points sequentially to 62.5%.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Zig-Zag Products Segment (40% of total net sales in the quarter) For the second quarter, Zig-Zag segment net sales decreased 6.9% to $47.0 million against prior year, but close to flat sequentially.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Gross margin decreased 410 basis points to 49.1% driven by product mix.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
AI analysis
Q2 2025 · reported Aug 6, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | 11.3% | — | — |
| Adjusted net income | 4.5% | — | — |
| Revenue | 62.9% | — | — |
| Gross margin | 62.5% | — | — |
Guidance · company-stated
Direction: Raised
“htm Exhibit 99.1 Turning Point Brands Announces Second Quarter 2025 Results Net Sales for Q2 2025 increased 25.1% year-over-year to $116.6 million Modern Oral Net Sales for Q2 2025 increased 651% (or nearly 8x) year-over-year to $30.1 million, and now accounts for 26% of total Net Sales Q2 2025 Adjusted EBITDA of $30.5 million, up 14.8% over prior year Company increasing 2025 Adjusted EBITDA guidance to $110.0 114.0 million (from $108.0 113.0 million) Company increasing full-year consolidated Modern Oral sales guidance to $100.0 110.0 million (from $80.0 95.0 million) LOUISVILLE, KY Aug 6, 2025 Turning Point Brands, Inc.”
“2025 Outlook The Company is increasing full-year 2025 projected Modern Oral sales to $100.0 110.0 million (from $80.0 95.0 million).”
“The Company is increasing full-year 2025 Adjusted EBITDA guidance to $110.0 114.0 million (from $108.0 113.0 million).”
Classified from the release's primary full-year outlook statement.
Margin
Capital allocation
Total gross debt as of June 30, 2025 was $300.0 million.
Net debt (total gross debt less unrestricted cash) as of June 30, 2025 was $190.1 million.
Event summary
Turning Point Brands, Inc. Q2 2025 — Net Income increased 11.3% to $14.5 million Adjusted EBITDA increased 14.8% to $30.5 million (see Schedule A for a reconciliation to net income)
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “htm Exhibit 99.1 Turning Point Brands Announces Second Quarter 2025 Results Net Sales for Q2 2025 increased 25.1% year-over-year to $116.6 million Modern Oral Net Sales for Q2 2025 increased 651% (or nearly 8x) year-over-year to $30.1 million, and now accounts for 26% of total Net Sales Q2 2025 Adjusted EBITDA of $30.5 million, up 14.8% over prior year Company increasing 2025 Adjusted EBITDA guidance to $110.0 114.0 million (from $108.0 113.0 million) Company increasing full-year consolidated Modern Oral sales guidance to $100.0 110.0 million (from $80.0 95.0 million) LOUISVILLE, KY Aug 6, 2025 Turning Point Brands, Inc.”
Revenue: “2025 Outlook The Company is increasing full-year 2025 projected Modern Oral sales to $100.0 110.0 million (from $80.0 95.0 million).”
Company outlook: “The Company is increasing full-year 2025 Adjusted EBITDA guidance to $110.0 114.0 million (from $108.0 113.0 million).”
Revenue — Raised (“increased”)
“htm Exhibit 99.1 Turning Point Brands Announces Second Quarter 2025 Results Net Sales for Q2 2025 increased 25.1% year-over-year to $116.6 million Modern Oral Net Sales for Q2 2025 increased 651% (or nearly 8x) year-over-year to $30.1 million, and now accounts for 26% of total Net Sales Q2 2025 Adjusted EBITDA of $30.5 million, up 14.8% over prior year Company increasing 2025 Adjusted EBITDA guidance to $110.0 114.0 million (from $108.0 113.0 million) Company increasing full-year consolidated Modern Oral sales guidance to $100.0 110.0 million (from $80.0 95.0 million) LOUISVILLE, KY Aug 6, 2025 Turning Point Brands, Inc.”
Revenue — Raised (“increasing”)
“2025 Outlook The Company is increasing full-year 2025 projected Modern Oral sales to $100.0 110.0 million (from $80.0 95.0 million).”
Company outlook — Raised (“increasing”)
“The Company is increasing full-year 2025 Adjusted EBITDA guidance to $110.0 114.0 million (from $108.0 113.0 million).”
Classified from the release's primary full-year outlook statement.
Capital allocation
Total gross debt as of June 30, 2025 was $300.0 million.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Net debt (total gross debt less unrestricted cash) as of June 30, 2025 was $190.1 million.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
The Company ended the quarter with total liquidity of $176.4 million, comprised of $109.9 million in cash and $66.5 million of availability under its asset backed revolving credit facility.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
We define EBITDA as net income before interest expense, gain (loss) on extinguishment of debt, income tax expense, depreciation, amortization.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
We define Adjusted EBITDA as net income before interest expense, gain (loss) on extinguishment of debt, income tax expense, depreciation, amortization, other non-cash items and other items that we do not consider ordinary course in our evaluation of ongoing operating performance.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Long-Term Debt The Company's 2032 Notes bear interest at a rate of 7.625 % per year.
SEC original ↗Turning Point Brands, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Strategy & priorities
That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.
SEC original ↗Turning Point Brands, Inc. — 10-Q Quarterly report10-QAug 4, 2026
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 ) and the lowest priority to unobservable inputs (Level 3 ).
SEC original ↗Turning Point Brands, Inc. — 10-Q Quarterly report10-QAug 4, 2026
The 2032 Notes and the related guarantees are secured by first -priority liens on substantially all of the existing and future assets of the Company and the Guarantors that do not secure the 2023 ABL Facility (as defined below), subject to certain exceptions.
SEC original ↗Turning Point Brands, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Risks & headwinds
$0.5 million of non-recurring legal costs in connection with litigation related to an insurance claim compared to $0.0 million in the prior year period.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
New risks and uncertainties come up from time to time, and it is impossible for TPB to predict or identify all such events or how they may affect it.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
(e) Represents elevated non-recurring outbound freight costs due to ERP transition (f) Represents legal expenses incurred in connection with litigation related to an insurance claim.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
(f) Represents elevated non-recurring outbound freight costs due to ERP transition (g) Represents legal expenses incurred in connection with litigation related to an insurance claim.
SEC original ↗Turning Point Brands, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
By their nature, forward-looking statements involve risks and uncertainties because they relate to events, and depend on circumstances, that may or may not occur in the future.
SEC original ↗Turning Point Brands, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
28 documents- Q2 2026
- 8-KTPB
Sep 21, 2026
- 10-QTPB
- 8-KTPB
- Q1 2026
- 10-QTPB
- 8-KTPB
- EX-99TPB
- 8-KTPB
- Q4 2025
- 10-KTPB
- 8-KTPB
- Q3 2025
- 8-KTPB
- 10-QTPB
- 8-K/ATPB
- EX-99TPB
- 8-KTPB
- EX-99TPB
- Q2 2025
- 10-QTPB
- 8-KTPB
- Q1 2025
- 8-KTPB
- 10-QTPB
- 8-KTPB
- Q4 2024
- 8-KTPB
Mar 11, 2025
- 10-KTPB
- 8-KTPB
- 8-KTPB
Feb 19, 2025
- 8-KTPB
Feb 11, 2025
- 8-KTPB
Feb 10, 2025
- 8-KTPB
- Q3 2024
- 8-KTPB
Dec 13, 2024
Earnings releases
7 documentsPresentations
0 documentsNo presentations for Turning Point Brands, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Turning Point Brands, Inc. are held in this edition of the library.
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