{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-008442","form_type":"8-K","ticker":"TPB","cik":"0001290677","company_name":"Turning Point Brands, Inc.","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.252791+00:00","generated_at":"2026-06-19T00:33:07.850859+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Turning Point Brands Q4 net loss $16.3M on $34.8M impairment; FY23 adj EBITDA guidance $88-94M","bullets":["Q4 net sales $103.4M (-1.8% YoY); net loss $16.3M vs income $11.5M prior year due to $34.8M non-cash impairments.","FY22 net sales $415.0M (-6.8% YoY); adjusted EBITDA $97.6M (-9.7%); diluted EPS $0.64, adjusted $2.83.","Zig-Zag + Stoker's combined net sales +6.8% for FY22; NewGen sales -35.2% on regulatory headwinds.","Company contributed NewGen to newly-formed Creative Distribution Solutions (CDS) subsidiary on Dec 21, 2022.","FY23 adjusted EBITDA guidance $88-94M; repurchased $10M notional of 2.50% convertible notes in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-008442","json":"https://secwatch.observer/filing/0001140361-23-008442.json","markdown":"https://secwatch.observer/filing/0001140361-23-008442.md","text":"https://secwatch.observer/filing/0001140361-23-008442.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123008442/0001140361-23-008442-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123008442/brhc10048764_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:33:07.850859+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3cf5be4b07073ed7dcf8e1f1b9f36a9790764650","claim":"Turning Point Brands, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $103.4 million, net income $($16.3) million, EPS $(0.93).","evidence_excerpt":"Total consolidated net sales decreased 1.8% to $103.4 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123008442/0001140361-23-008442-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$103.4 million"},{"label":"Net income","value":"$($16.3) million"},{"label":"EPS","value":"$(0.93)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3d8b44475d1d3f010dae50c9f4d026a3fb2ba7d8","claim":"Turning Point Brands, Inc. reported the full year ended December 31, 2022 results: revenue $415.0 million, net income $11.6 million, EPS $0.64.","evidence_excerpt":"Total consolidated net sales decreased 6.8% to $415.0 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123008442/0001140361-23-008442-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$415.0 million"},{"label":"Net income","value":"$11.6 million"},{"label":"EPS","value":"$0.64"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}