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Turning Point Brands reports Q2 adjusted EPS 98c, consensus 80c

Reports Q2 revenue $116.6M, consensus $105.43M. Graham Purdy, President and CEO, commented, “Our consolidated second quarter results were better than expected. Modern Oral sales were $30.1M, increasing by 35% versus prior quarter and up 651% against the prior year. Stoker’s MST and looseleaf showed modest gains with Zig-Zag flat sequentially.”

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