Headquartered in Louisville, KY Fiscal year ends December NYSE: TPB turningpointbrands.com
Turning Point Brands, Inc. (NYSE: TPB) is a manufacturer, marketer, and distributor of branded consumer products in the tobacco and nicotine alternatives space. The company operates through two reportable segments: Stoker's Products, which includes traditional moist snuff, loose leaf chewing tobacco, and the rapidly growing FRE and ALP modern oral nicotine pouch brands; and Zig-Zag Products, which encompasses rolling papers and alternative smoking accessories. TPB's products are available in more than 220,000 retail outlets across North America and through direct-to-consumer e-commerce channels. The company is undergoing a significant strategic transformation, aggressively investing in its Modern Oral nicotine pouch portfolio to capture share in the secular shift away from traditional combustible and smokeless tobacco toward modern oral nicotine products. Updated
Universal Corp just cratered to a fresh 52-week low while rival tobacco stocks barely flinched, raising an urgent question about whether this leaf tobacco supplier is facing a problem all its own.
Turning Point Brands, Inc. (NYSE: TPB) is a manufacturer, marketer, and distributor of branded consumer products in the tobacco and nicotine alternatives space.
The Wall Street consensus 12-month price target for TPB is $118.50.
