---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-009928"
form_type: "8-K"
ticker: "TPB"
cik: "0001290677"
company_name: "Turning Point Brands, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:20:44.249368+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Turning Point Brands Reports Q4 2023 Adjusted EBITDA Up 7.5% to $24.8 Million

## Summary
- Q4 2023 net sales decreased 6.1% to $97.1 million; Zig-Zag and Stoker's combined grew 5.9%
- Adjusted EBITDA rose 7.5% to $24.8 million; full-year free cash flow was $61.2 million
- Stoker's Products segment net sales jumped 18.6% in Q4, with MST volume growing double-digits
- Full-year 2024 adjusted EBITDA guidance set at $95-100 million, excluding CDS contribution
- Net debt at year-end was $250.7 million; liquidity of $177.9 million including $117.9 million cash

## SEC filing metadata
- accession: 0001140361-24-009928
- form_type: 8-K
- ticker: TPB
- cik: 0001290677
- company_name: Turning Point Brands, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1290677/000114036124009928/0001140361-24-009928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1290677/000114036124009928/ef20022617_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-009928
- JSON: https://secwatch.observer/filing/0001140361-24-009928.json
- Plain text: https://secwatch.observer/filing/0001140361-24-009928.txt

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