Turning Point Brands Q3 net sales down 1.9% to $107.8M; lowers FY2022 EBITDA guidance

Turning Point Brands, Inc.

2022-Q3 EPS reported $1.45 revenue$311,621,000

Net income fell 14.3% to $11.5M; diluted EPS $0.60 vs $0.65 a year ago; adjusted diluted EPS $0.72 (flat).
Zig-Zag segment sales up 23.3% to $52.1M; Stoker's up 10.0% to $33.5M; NewGen down 40.3% to $22.2M.
Adjusted EBITDA decreased 6.7% to $24.5M; FY2022 guidance lowered to $96-99M from $97-103M.
Repurchased 307,207 shares for $7.6M at avg $24.78/share in Q3; total liquidity $127.1M.
CLIPPER lighter launch drove strong Zig-Zag growth; ~$5M sales pulled forward from Q4.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.