Turning Point Brands Inc ( (TPB) ) has released its Q2 earnings. Here is a breakdown of the information Turning Point Brands Inc presented to its investors.
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Turning Point Brands, Inc. is a manufacturer, marketer, and distributor of branded consumer products, primarily in the smoking accessories and consumables sector, known for its popular brands such as Zig-Zag and Stoker’s.
In its second quarter of 2025, Turning Point Brands reported a significant increase in net sales, showcasing a 25.1% year-over-year growth to $116.6 million. The company also highlighted a remarkable surge in its Modern Oral segment, which saw net sales increase by 651% compared to the previous year, now accounting for 26% of total net sales.
Key financial metrics from the report include an adjusted EBITDA of $30.5 million, reflecting a 14.8% increase from the prior year. The Stoker’s segment experienced a robust 62.9% growth in net sales, driven by strong Modern Oral sales and moderate growth in MST. However, the Zig-Zag segment saw a 6.9% decline in net sales, attributed to changes in product mix. The company’s gross profit rose by 32.2% to $66.6 million, while net income increased by 11.3% to $14.5 million.
Looking ahead, Turning Point Brands has raised its full-year 2025 guidance for both adjusted EBITDA and Modern Oral sales, indicating a positive outlook for continued growth. The company now expects adjusted EBITDA to be between $110.0 million and $114.0 million, and Modern Oral sales to reach between $100.0 million and $110.0 million, reflecting confidence in its strategic direction and market position.