Turning Point Brands (TPB) Company Overview

Turning Point Brands has seen a significant turnaround, driven by reduced reliance on vaping products, and entrance into the nicotine pouch category. The company's nicotine pouch brand FRĒ, relaunched in 2023, has shown impressive growth, with further potential for a similar product called Alp sold through joint venture with Tucker Carlson Media. Zig-Zag's performance has been underwhelming due to increased competition and a shift in demand, but efforts to reposition the brand are paying off.

MIAMI , Dec. 23, 2024 /PRNewswire/ -- After weeks of rousing pre-launch sales to a select group of nicotine connoisseurs, the whole grain goodness of ALP pouches is finally available to the general public. As of today, ALP can be purchased by the tin, sleeve or pallet and delivered directly to the doorsteps of discriminating users.

Seven Corners Capital, an investment management firm, has published its investor letter for the third quarter of 2024, which you can download here. Their composite portfolio grew by about 14% in Q3 2024, while the S&P 500 saw a rise of around 21%. This shows a 7% underperformance in the first half of the year.

MIAMI , Nov. 14, 2024 /PRNewswire/ -- Tucker Carlson has announced the launch of ALP, the first nicotine pouch brand made by and for adults who unapologetically love nicotine. ALP will be sold, marketed and distributed through ALP Supply Co. LLC, a newly formed 50/50 joint venture between the Tucker Carlson Network and Turning Point Brands (NYSE: TPB).

Turning Point Brands (NYSE:TPB ) Q3 2024 Earnings Call Transcript November 7, 2024 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham Purdy - President and Chief Executive Officer Summer Frein - Chief Revenue Officer Conference Call Participants Eric Lauriers - Craig Hallum Capital Group Michael Legg - The Benchmark Company Nick Anderson - ROTH MKM Operator Good day, and welcome to the Turning Point Brands Third Quarter 2024 Conference Call. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded.

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 third quarter ended September 30, 2024. Q3 2024 vs. Q3 2023 Total consolidated net sales increased 3.8% to $105.6 million Zig-Zag Products net sales increased 5.5% Stoker's Products net sales increased 12.

Turning Point Brands' underlying growth, aided by nicotine pouch brands and Zig-Zag's cannabis positioning, has been clouded by the weak CDS segment. The FRE brand's rapid growth and potential Alp collaboration with Tucker Carlson could significantly boost revenues. Wall Street's Q3 expectations are conservative, but the company's underlying growth prospects suggest potential undervaluation.

Turning Point Brands has surged over 87.5%, thanks to the company's refocus on its smokeless tobacco and rolling paper businesses. Even after this incredible run-up in price, shares have more room to run, as factors like Turning Point's move into the nicotine pouch space point to a further growth resurgence. In the coming years, TPB stock could hit prices topping $90 per share, thanks to earnings growth, as well as possible multiple expansion.

Turning Point Brands (NYSE:TPB ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham Purdy - Chief Executive Officer Summer Frein - Chief Revenue Officer Conference Call Participants Michael Legg - The Benchmark Company Eric Des Lauriers - Craig-Hallum Capital Group Operator Thank you for standing by. My name is Sully, and I will be your conference operator today.