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Mar 2, 2026 4:00 PM

Turning Point Brands Falls As Zig-Zag Sales Decline Offsets Modern Oral Surge

Turning Point Brands, Inc. (NYSE:TPB) shares are trading lower on Monday after the company reported fourth-quarter 2025 results.

“We are well positioned to achieve double-digit share” of the modern oral category, according to Turning Point CEO Graham Purdy. Legacy brands, such as FRE and ALP, continue to generate durable cash flows, he added.

Earnings Snapshot

Net sales rose 29.2% year over year (Y/Y) to $121 million, beating the consensus estimate of $120.3 million.

By segment, Stoker’s segment sales increased 69.5% Y/Y, aided by significant growth in Modern Oral sales ...