Turning Point Brands ( (TPB) ) has provided an announcement.
Turning Point Brands reported robust third-quarter 2024 results with a 3.8% rise in consolidated net sales to $105.6 million and a notable 11.3% surge in adjusted EBITDA to $27.2 million. The company saw significant growth in its Zig-Zag and Stoker’s product lines, with net sales increasing 5.5% and 12.1% respectively. Buoyed by these positive results, TPB raised its full-year EBITDA guidance, underlining a strong market position and optimistic growth trajectory.
See more insights into TPB stock on TipRanks’ Stock Analysis page.
