Turning Point Brands Inc (TPB)
NYSE:TPB
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
0.79Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights substantial and accelerating growth in the Modern Oral category (167% gross, 133% net YoY), a raised full‑year Modern Oral guidance, strong consolidated revenue and adjusted EBITDA that exceeded midpoint guidance, meaningful retail chain wins and considerable investment in commercial infrastructure and manufacturing to scale the business. Offsetting these positives are near‑term financial pressures: negative Q1 free cash flow (-$27.4M), higher SG&A and marketing spend, Zig‑Zag sales weakness (-22%), tariff‑driven margin pressure in legacy Stoker's, regulatory (PMTA) timing uncertainty and a wide EBITDA guidance range tied to execution and discretionary spend. On balance, management is prioritizing aggressive, front‑loaded investments to capture share in a nascent category and has the cash and operational plan to support that pivot, while acknowledging short‑term profitability and cash‑flow tradeoffs.Company Guidance
Modern Oral Rapid Growth
Modern Oral gross sales grew 167% year-over-year to $69M and net sales grew 133% year-over-year to $52M; Modern Oral accounted for 42% of consolidated net sales (up from 21% in Q1 2025).
Upgraded Full‑Year Modern Oral Guidance
Full‑year 2026 Modern Oral gross sales guidance increased to $280M–$300M (was $220M–$240M) and net sales guidance to $210M–$225M (was $180M–$190M); implied midpoint gross revenue growth ~83.7%.
Consolidated Revenue and Profitability
Consolidated sales rose 17% year‑over‑year to $124.3M; gross profit increased 14.6% to $68.3M; adjusted EBITDA was $25.9M (20.8% margin), which exceeded the midpoint of guidance.
Strong Stoker's Segment Performance
Stoker's segment net sales increased 48% year‑over‑year to $88M and now represents ~70% of consolidated net sales; Stoker's gross profit increased 39% to $47M.
Retail Expansion Momentum and Chain Wins
Company expects chain store count to increase ~70% by end of 2026 versus prior year; recent national/regional chain wins and rollout beginning in weeks with stores filling out across the year.
Commercial and Brand Investments
Management is investing heavily in sales force, merchandising and brand building (including a multi‑property TKO partnership with UFC/Zuffa/PBR) and plans total S&M investment of $80M–$105M in 2026 to accelerate awareness and distribution.
Manufacturing and Margin Improvement Plans
Commissioning of Louisville manufacturing is underway to localize production, improve supply control and reduce freight/tariff exposure; management targets Modern Oral margins approaching ~70% at scale by the end of the decade.
Strong Liquidity Position
Ended Q1 with $192.4M cash on hand and management expects to be approximately cash‑flow breakeven for the remainder of the year despite upfront investments.
Zig‑Zag Margin Expansion
Zig‑Zag gross margin improved by 300 basis points to 57.1% year‑over‑year, reflecting better mix and pricing even as sales declined.
TPB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TPB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $81.26 | $90.22 | +11.03% |
Mar 02, 2026 | $136.86 | $108.41 | -20.79% |
Nov 05, 2025 | $95.03 | $101.00 | +6.28% |
Aug 06, 2025 | $80.95 | $92.46 | +14.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Turning Point Brands Inc (TPB) report earnings?
Turning Point Brands Inc (TPB) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is Turning Point Brands Inc (TPB) earnings time?
Turning Point Brands Inc (TPB) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TPB EPS forecast?
TPB EPS forecast for the fiscal quarter 2026 (Q2) is 0.31.