Latest news with #TurningPointBrands
Yahoo
06-08-2025
- Business
- Yahoo
Turning Point Brands Declares Common Stock Dividend
LOUISVILLE, Ky., August 06, 2025--(BUSINESS WIRE)--The Board of Directors of Turning Point Brands, Inc. ("TPB") (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, declared a regular quarterly dividend of $0.075 per common share. The dividend is payable on October 10, 2025, to shareholders of record on the close of business on September 19, 2025. About Turning Point Brands, Inc. Turning Point Brands (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic Zig-Zag®, Stoker's®, FRE®, and ALP® brands. TPB's products are available in more than 220,000 retail outlets in North America, and on sites such as and For the latest news and information about TPB and its brands, please visit View source version on Contacts ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
06-08-2025
- Business
- San Francisco Chronicle
Turning Point Brands: Q2 Earnings Snapshot
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Turning Point Brands, Inc. (TPB) on Wednesday reported profit of $14.5 million in its second quarter. The Louisville, Kentucky-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 98 cents per share. The company posted revenue of $116.6 million in the period.
Yahoo
23-07-2025
- Business
- Yahoo
Turning Point Brands to Host Q2 Conference Call
LOUISVILLE, Ky., July 23, 2025--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review 2nd quarter 2025 results. The conference call will be on Wednesday, August 6, 2025 at 9:30 a.m. Eastern. Interested analysts and professional investors can register and participate through one of these call-in numbers: (800) 715-9871 (U.S., toll-free)(646) 307-1963 (International)Event ID: 6640134 Participants should dial in at least 10 minutes in advance and follow the audio prompts after typing in the Event ID. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company's website at The replay of the webcast will be available on the site two hours following the call. About Turning Point Brands, Inc. Turning Point Brands, Inc. (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic brand portfolio, including Zig-Zag®, Stoker's®, FRE®, and ALP®. TPB's products are available in more than 220,000 retail outlets in North America and on sites such as and For the latest news and information about TPB and its brands, please visit View source version on Contacts ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Philip Morris Gains 21% in 3 Months: How to Play the Stock?
Shares of Philip Morris International Inc. PM have rallied 20.8% over the past three months, outperforming the Zacks Tobacco industry's rise of 18.8% and the broader Zacks Consumer Staples sector's growth of 8.3%. However, the stock lagged behind the S&P 500's robust advance of 26.4% over the same period. Image Source: Zacks Investment Research Performance among major tobacco players, Altria Group Inc. MO, Turning Point Brands, Inc. TPB and British American Tobacco p.l.c. BTI, has varied over the past three months. Philip Morris was outpaced by Turning Point Brands, which surged 34%, and British American Tobacco, which gained 24.3%. However, PM outperformed Altria, which posted a more modest increase of 9.2% during the same of the last trading session, PM closed at $178.88, 4.2% below its 52-week high of $186.69, reached on June 16, 2025. Philip Morris has shown solid upward momentum, currently trading above both its 50-day and 200-day simple moving averages (SMA) of 175.36 and $143.14, respectively, which are key indicators of price stability and long-term bullish trends. Image Source: Zacks Investment Research With PM's robust performance on the bourses, some investors may consider buying this stock right away. However, before taking any decision, it is important to understand the reasons behind this surge. Does the company have what it takes to sustain this momentum, or are there potential headwinds ahead? Let's take a closer look. Philip Morris's recent stock surge is underpinned by a strong first-quarter performance, highlighted by growth in earnings, revenues and margins. The company posted adjusted EPS of $1.69 and saw double-digit growth in both organic revenues and operating income. This strong start to the year reassured investors about the company's ability to execute on its long-term strategy, even amid macroeconomic uncertainty and regulatory to this momentum is the continued success of Philip Morris's smoke-free portfolio, which now contributes 44% of total gross profit. In the first quarter, shipments of smoke-free products rose over 14.4%, with strong demand for ZYN nicotine pouches in the United States, robust IQOS growth in key markets like Japan and Europe, and expanding traction for the VEEV e-vapor brand. The smoke-free segment also saw organic gross margins climb above 70%, underscoring the profitability of PM's shift away from traditional Morris made solid progress on its cost and productivity initiatives in the first quarter, delivering over $180 million in gross cost savings across manufacturing and SG&A. This performance keeps the company on track to achieve its $2 billion cost-savings target for 2024-2026. The margin expansion achieved during the quarter reflects the impact of these efficiencies, even as the company continued to invest behind the growth of its smoke-free ahead, on its last earnings call, management raised its full-year guidance, adjusted earnings forecast to a range of $7.36 to $7.49, representing 12% to 14% growth in dollar terms. Management expects continued momentum from its smoke-free business, led by expanded ZYN capacity, broader distribution, and ongoing product innovation. There are several factors that could limit near-term upside for Philip Morris. One of the most pressing concerns is regulatory uncertainty, particularly in international markets where the company's smoke-free products are expanding. In Europe, for example, the characterizing flavor ban continues to weigh on product volumes, creating headwinds for growth and temporarily slowing momentum in key Morris' financial performance was affected by currency fluctuations. In the first quarter, the company faced notable currency headwinds that impacted its financial results, including a 7-cent unfavorable currency variance on adjusted EPS due to non-recurring transactional losses, led by currency volatility. Overall, currency had a negative impact of 3.9 percentage points. This makes the company vulnerable in volatile currency environments. From a valuation perspective, PM is trading at a premium compared with industry benchmarks. The company's forward 12-month price-to-earnings multiple of 22.6X remains above the industry average of 15.27X. Adding to these concerns, Philip Morris currently holds a Value Score of F, indicating potential overvaluation relative to its fundamentals. Altria Group, Turning Point Brands, and British American Tobacco are all trading at lower forward P/E ratios of 10.92X, 20.48X and 10.35X, respectively. Image Source: Zacks Investment Research Philip Morris has delivered solid stock performance, outperforming its sector and industry peers, thanks to strong execution, rising momentum in smoke-free products, and disciplined cost management. Strategic efforts around IQOS, ZYN, and VEEV continue to position the company as a global leader in reduced-risk nicotine offerings. However, ongoing regulatory challenges, foreign currency headwinds, and valuation pressures may cap near-term gains. Given these dynamics, long-term investors may consider holding the stock while monitoring future catalysts. Currently, PM carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Altria Group, Inc. (MO) : Free Stock Analysis Report Philip Morris International Inc. (PM) : Free Stock Analysis Report British American Tobacco p.l.c. (BTI) : Free Stock Analysis Report Turning Point Brands, Inc. (TPB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Top 3 Tobacco Stocks to Watch Amid Strong Industry Growth Trends
The Zacks Tobacco industry is undergoing a strategic transformation, increasingly prioritizing smoke-free alternatives in response to rising consumer health awareness and tightening regulations on cigarettes. Leading tobacco companies — such as Philip Morris International Inc. PM, Altria Group, Inc. MO and Turning Point Brands, Inc. TPB — are ramping up investments in reduced-risk products (RRPs) to meet growing demand for healthier nicotine ongoing declines in traditional cigarette sales due to inflation and changing consumption patterns, the industry continues to leverage strong pricing power, with loyal consumers often absorbing price increases. This dual strategy — aggressive RRP expansion and strategic pricing — positions the tobacco sector for resilient, long-term growth in an increasingly regulated and health-conscious marketplace. About the Industry The Zacks Tobacco industry includes companies that manufacture and sell cigarettes as well as tobacco and nicotine-based products, such as cigars, snuffs and oral tobacco. Some companies also offer RRPs, such as e-cigarettes, vaping and heat-not-burn variants. A few of the firms are engaged in making devices and attachments needed in vaping and heat-not-burn products. Most products manufactured by the tobacco industry participants fall under the strict vigilance of the U.S. Food and Drug Administration and are required to follow the permissible levels of nicotine in manufacturing. Players in this space sell products mostly through large retailers, distributors, convenience stores, drugstores, wholesalers and grocery chains. Some international tobacco firms also operate in the country through subsidiaries. 3 Trends Shaping the Future of the Tobacco Industry Rising Popularity of Smoke-Free Options: The growing popularity of smoke-free alternatives — such as heated tobacco, vapor products and oral nicotine — is reshaping the tobacco industry. Rising health awareness and stricter smoking regulations are prompting consumers to seek safer, more modern options for nicotine consumption. These RRPs, marketed as safe due to their innovative formulations and alternative consumption methods, are gaining popularity as consumers seek healthier options and smoking cessation solutions. Major tobacco companies are investing heavily in expanding their presence in this category, focusing on innovations that improve user experience and energy efficiency. As a result, the tobacco industry has seen significant revenue growth from RRPs and smoke-free products, with continued demand expected to fuel positive growth and transformation within the Power: Tobacco companies continue to rely on strong pricing power to offset declining cigarette sales volumes. Due to the addictive nature of cigarettes, consumers tend to remain relatively insensitive to price increases, enabling companies to implement regular price hikes without significantly impacting demand. This pricing strategy has helped industry players maintain strong revenues despite the ongoing drop in cigarette sales, reinforcing the profitability of traditional tobacco in Cigarette Sales Volumes: The tobacco industry is facing significant challenges in cigarette sales volumes due to persistent inflation and economic pressures that have altered consumer spending behavior. Rising costs and shifts toward smoke-free alternatives are contributing to the decline in cigarette consumption. In addition, regulatory restrictions on sales, advertising, and manufacturing, stemming from health concerns over nicotine, are further impacting sales volumes. Since traditional cigarettes still represent a major source of revenues for tobacco companies, the ongoing decline in cigarette sales poses a considerable concern for the industry. Zacks Industry Rank Indicates Bright Prospects The Zacks Tobacco industry is housed within the broader Zacks Consumer Staples sector. The industry currently carries a Zacks Industry Rank #65, which places it in the top 27% of more than 250 Zacks group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to industry's position in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Since the beginning of April 2025, the industry's consensus estimate for current financial year earnings has increased 2.2%.Before we present a few stocks that you may want to consider for your portfolio, let's look at the industry's recent stock-market performance and valuation picture. Industry vs. Broader Market The Zacks Tobacco industry has outperformed the Zacks S&P 500 composite and the broader Zacks Consumer Staple sector over the past industry has gained 63.8% over this period compared with the broader sector and the S&P 500's rise of 3.2% and 9.8%, respectively. Industry's Current Valuation On the basis of forward 12-month price-to-earnings (P/E), which is commonly used for valuing consumer staple stocks, the industry is currently trading at 15.78X compared with the S&P 500's 21.89X and the sector's the past five years, the industry has traded as high as 15.78X, as low as 9.03X and at the median of 10.89X, as the chart below shows. 3 Tobacco Stocks to Keep a Close Eye On Altria Group: This Zacks Rank #2 (Buy) company is making notable progress in its transformation toward a smoke-free future. By prioritizing RRPs, driving innovation and ensuring regulatory compliance, Altria is reshaping its business model for long-term sustainability. A cornerstone of this transition is the company's fast-growing oral nicotine pouch brand, on!, which continues to gain market share and serve as a key growth driver. Through its 'Optimize and Accelerate' initiative, Altria is streamlining operations, boosting efficiency, and leveraging strong pricing power to support profitability. Backed by the enduring strength of legacy brands like Marlboro and its expanding smoke-free portfolio, Altria is well-positioned for continued growth in the evolving tobacco landscape. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for MO's current financial year earnings per share (EPS) has moved up by a couple of cents in the past 30 days to $5.37. Shares of Altria have surged 29.3% in the past year. Philip Morris International: This Zacks Rank #3 (Hold) company is undergoing a transformative shift as it pivots from traditional cigarettes to a smoke-free future. The company has emerged as a global leader in RRPs, leveraging innovation, strategic acquisitions and robust pricing power to accelerate its transition. With flagship smoke-free offerings like IQOS and ZYN gaining strong market traction, Philip Morris is actively reshaping its product portfolio to align with evolving consumer preferences and global health trends. This strategic evolution not only reinforces its commitment to a more sustainable and healthier future but also supports resilient financial performance. As Philip Morris advances toward its goal of becoming a majority smoke-free company, it continues to set industry benchmarks in innovation, sustainability and leadership within the global tobacco market. The Zacks Consensus Estimate for PM's current financial year EPS has remained unchanged in the past 30 days at $7.47. Shares of Philip Morris have gained 81% in the past year. Turning Point Brands: This Zacks Rank #3 company is gaining momentum as a leading manufacturer, marketer, and distributor of branded consumer tobacco and alternative smoking products. The company's flagship brands, including Zig-Zag and Stoker's, are driving growth through innovative product launches and expanded distribution channels. Its modern oral nicotine products are also experiencing strong consumer and retail demand, reflecting the rising popularity of smokeless tobacco alternatives. Turning Point is capitalizing on its well-established sales network and strategic partnerships to enhance retail visibility and cross-sell its product portfolio. With a focus on innovation, brand building, and customer engagement, TPB is well-positioned to capture greater market share in the evolving RRPs Zacks Consensus Estimate for TPB's current financial year EPS has remained unchanged at $3.36 over the past 30 days. Turning Point Brands shares have skyrocketed 132.8% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Philip Morris International Inc. (PM) : Free Stock Analysis Report Altria Group, Inc. (MO) : Free Stock Analysis Report Turning Point Brands, Inc. (TPB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
