secwatch.observer — SEC 8-K summary
======================================

Issuer:     Turning Point Brands, Inc. (TPB)
CIK:        0001290677
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001437749-26-015354
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 Q1 net sales up 17%, Modern Oral sales surge 133% to $52M; raises FY guidance
--------------------------------------------------------------------------------

- Total net sales $124.3M (+17% YoY); Modern Oral segment sales $52.0M (+133%), now 42% of total sales.
- Net income down 19% to $11.7M; adjusted EBITDA $25.9M (-6.5%); diluted EPS $0.60 vs $0.79 prior.
- Stoker's segment sales +48% to $87.6M; Zig-Zag segment sales -22% to $36.7M on lower U.S. papers.
- FY 2026 Modern Oral gross sales guidance raised to $280-300M (from $220-240M); introducing FY EBITDA guidance $70-90M.
- SG&A up 53% to $55.8M due to Modern Oral sales & marketing investments; cash $192.4M, net debt $101.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290677/000143774926015354/0001437749-26-015354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290677/000143774926015354/tpb20260309_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-015354

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer