TPB - Zig-Zag Rolling Paper Sales Made 48% Of Total Turning Point Brands Sales In First Quarter | Benzinga
Zig-Zag rolling paper manufacturer Turning Point Brands, Inc. (NYSE:TPB) reported financial results Thursday for the first quarter ended March 31, 2024 with total net sales of $97.1 million, compared to $100.96 million in the same period of 2023.
"We are encouraged by our first quarter results," stated Graham Purdy, president and CEO. "We believe the execution of our strategy has Zig-Zag back on a sustainable growth trajectory; Stoker's continued to grow and improved its market share; and the national launch of our FRE Modern Oral product is off to a good start."
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