{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-051998","form_type":"8-K","ticker":"TPB","cik":"0001290677","company_name":"Turning Point Brands, Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.545288+00:00","generated_at":"2026-06-08T08:49:58.949643+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"TPB Q3 net sales down 5.6% to $101.7M; narrows 2023 adjusted EBITDA guidance to $92-95M","bullets":["Adjusted EBITDA $24.4M (-0.4% YoY); diluted EPS $0.58, adjusted diluted EPS $0.76.","Stoker's net sales +10.1% to $36.9M on double-digit MST growth; Zig-Zag -10.2% to $46.8M.","Closed new $75M ABL facility (maturing Nov 2027), replacing $25M facility; no borrowings outstanding.","Repurchased $15M of 2.50% convertible notes due July 2024; net debt $272.5M, liquidity $119.7M.","Full-year 2023 adjusted EBITDA guidance revised to $92-95M from $90-95M; CDS restructured."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-051998","json":"https://secwatch.observer/filing/0001140361-23-051998.json","markdown":"https://secwatch.observer/filing/0001140361-23-051998.md","text":"https://secwatch.observer/filing/0001140361-23-051998.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123051998/0001140361-23-051998-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123051998/ef20014237_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:49:58.949643+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":"19f8383e58a63674d032d28e1f0cf14bbf78af6b","claim":"Turning Point Brands, Inc. reported third quarter ended September 30, 2023 results: revenue $101.7 million, net income $10.8 million, EPS $0.58. Guidance raised.","evidence_excerpt":"with active ingredients, announced today financial results for the third quarter ended September 30, 2023. Q3 2023 vs. Q3 2022 • Total consolidated net sales decreased 5.6% to $101.7 million o Zig-Zag Products net sales decreased by 10.2% but stable sequentially o Stoker’s Products net sales increased by 10.1% o Creative Distribution Solutions net sales decreased by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290677/000114036123051998/0001140361-23-051998-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$101.7 million"},{"label":"Net income","value":"$10.8 million"},{"label":"EPS","value":"$0.58"},{"label":"Guidance","value":"raised"},{"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"}