Turning Point Brands (TPB) saw its stock surge 7.06% in pre-market trading on Wednesday, following the release of its impressive third-quarter 2025 financial results and an upward revision of its full-year guidance.

The company reported a significant 31.2% year-over-year increase in total consolidated net sales, reaching $119.0 million for the quarter. This strong top-line growth was accompanied by a substantial 70.3% jump in net income, which climbed to $21.1 million. Adjusted EBITDA also showed robust growth, rising 17.2% to $31.3 million.

Investors were particularly encouraged by Turning Point Brands' decision to raise its full-year 2025 adjusted EBITDA guidance to $115.0-120.0 million. The company also projected its modern oral sales to reach $125.0-130.0 million for the year. These upward revisions in guidance, coupled with the strong quarterly performance, likely fueled the pre-market stock price surge as investors anticipate continued growth and improved profitability for the company.