---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-023844"
form_type: "8-K"
ticker: "TPB"
cik: "0001290677"
company_name: "Turning Point Brands, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:03:00.123546+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Turning Point Brands Q1 net income up 58%; adjusted EBITDA +22% to $25.3M

## Summary
- Net income $12.0M (+58.1% YoY); diluted EPS $0.63; adjusted diluted EPS $0.80 vs $0.62.
- Adjusted EBITDA $25.3M (+21.6% YoY); full-year 2024 guidance reaffirmed at $95-100M.
- Zig-Zag net sales +11.5% to $46.7M, gross margin +550bps to 59.0%; Stoker's +8.0% to $36.4M, FRE Modern Oral triple-digit growth.
- Creative Distribution Solutions net sales down 44.9% to $14.0M; gross margin 25.4%.
- Total liquidity $189.9M ($130.9M cash, $59.0M revolving); repurchased 72,545 shares for $2.1M.

## SEC filing metadata
- accession: 0001140361-24-023844
- form_type: 8-K
- ticker: TPB
- cik: 0001290677
- company_name: Turning Point Brands, Inc.
- filed_at: 2024-05-02T23:59:59+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/1290677/000114036124023844/0001140361-24-023844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1290677/000114036124023844/ef20028244_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-023844
- JSON: https://secwatch.observer/filing/0001140361-24-023844.json
- Plain text: https://secwatch.observer/filing/0001140361-24-023844.txt

## Key facts
- Earnings Releases
  Turning Point Brands, Inc. reported first quarter ended March 31, 2024 results: net income Net income increased 58.1% to $12.0 million, EPS Diluted EPS of $0.63 and Adjusted Diluted EPS of $0.80. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Net income: Net income increased 58.1% to $12.0 million
  - EPS: Diluted EPS of $0.63 and Adjusted Diluted EPS of $0.80
  - Guidance: reaffirmed
  - Result: reported results
  source text: Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1290677/000114036124023844/0001140361-24-023844-index.htm

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