secwatch.observer — SEC 8-K summary
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Issuer:     Turning Point Brands, Inc. (TPB)
CIK:        0001290677
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001140361-24-009928
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290677/000114036124009928/0001140361-24-009928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290677/000114036124009928/ef20022617_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-009928

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