---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-038491"
form_type: "8-K"
ticker: "TPB"
cik: "0001290677"
company_name: "Turning Point Brands, Inc."
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T00:43:00.165650+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-22-038491
- form_type: 8-K
- ticker: TPB
- cik: 0001290677
- company_name: Turning Point Brands, Inc.
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1290677/000114036122038491/0001140361-22-038491-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1290677/000114036122038491/brhc10043302_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-038491
- JSON: https://secwatch.observer/filing/0001140361-22-038491.json
- Plain text: https://secwatch.observer/filing/0001140361-22-038491.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.