Turning Point Brands reports Q1 adjusted EPS 91c vs. 80c last year

Reports Q1 revenue $106.4M, consensus $95.75M. Graham Purdy, CEO, commented, “We are pleased with our Q1 results. Modern Oral sales were $22.3M, up nearly 10-times versus the prior year and nearly double the prior quarter. Stoker’s MST and looseleaf exceeded our expectations, and Zig-Zag was in line with our expectations.”