Turning Point (TPB) Q2 Sales Jump 25%
Turning Point Brands (NYSE:TPB), the consumer products company known for its iconic tobacco and cannabis accessories brands, released its results for Q2 2025 on August 6, 2025. The quarter saw the company surpass Wall Street expectations with GAAP revenue of $116.6 million, well above the GAAP consensus of $105.4 million for Q2 2025, and Adjusted diluted earnings per share (Non-GAAP) of $0.98, beating estimates by $0.25 in Q2 2025. The Modern Oral segment delivered standout growth, with net sales increasing 651% year-over-year to $30.1 million in Q2 2025, but not all brands advanced equally. Overall, the period demonstrated strong performance, though not without rising operating costs and pressure in some legacy segments.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Turning Point Brands markets and distributes products in the tobacco, alternative nicotine, and cannabis accessories sectors. Its top brands include Zig-Zag rolling papers and Stoker’s moist snuff tobacco and chewing tobacco. With a vast distribution network reaching around 220,000 retail outlets as of December 31, 2024, it operates at the intersection of legacy tobacco, alternative nicotine, and products supporting the legal cannabis market.
Source Fool.com
