Turning Point Brands Reports Q3 Net Sales Up 31% to $119 Million
Reuters
Nov 05, 2025
<a href="https://laohu8.com/S/TPTX">Turning Point</a> Brands Reports Q3 Net Sales Up 31% to $119 Million
Turning Point Brands Inc. reported third quarter 2025 financial results, with total consolidated net sales increasing 31.2% year-over-year to $119.0 million. The Stoker's segment net sales rose 80.8%, while the Zig-Zag segment net sales declined 10.5%. Gross profit grew 39.7% to $70.4 million, and net income increased 70.3% to $21.1 million. Adjusted EBITDA was up 17.2% to $31.3 million, and adjusted net income rose 18.3% to $19.6 million. For full-year 2025, the company raised its adjusted EBITDA guidance to $115.0-120.0 million and projected modern oral sales to $125.0-130.0 million. Third quarter SG&A expenses increased 50.5% year-over-year to $44.5 million, reflecting higher sales and marketing investments and outbound freight costs.
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