StockNews.AI
TPB
StockNews.AI
166 days

Turning Point Brands Announces Fourth Quarter and Full Year 2024 Results

1. TPB reported Q4 2024 net sales rose 12.8% to $93.7 million. 2. Zig-Zag segment sales increased by 1.8%, indicating steady growth.

Earnings
-10.41%Current Return
VS
-1.65%S&P 500
$67.0203/06 06:50 AM EDTEvent Start
$60.0403/07 01:14 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The significant increase in net sales reflects positive demand trends. Historically, companies that demonstrate strong sales growth often see upward price momentum in their stock values.

How important is it?

The earnings report directly impacts TPB’s financial outlook, providing a basis for future stock price movements.

Why Short Term?

Immediate financial results can influence short-term investor sentiment and stock performance, as seen in previous earnings reports.

Related Companies

ZZSTOK
LOUISVILLE, Ky.--(BUSINESS WIRE)--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, today announced financial results for the fourth quarter and full year ended December 31, 2024. Q4 2024 vs. Q4 2023 Total consolidated net sales increased 12.8% to $93.7 million Zig-Zag Product Segment net sales increased 1.8% Stoker's Product Se.

Related News