2023-05-03 07:31:37 ET
- Turning Point Brands press release ( NYSE: TPB ): Q1 Non-GAAP EPS of $0.62 beats by $0.13 .
- Revenue of $101M (+0.1% Y/Y) beats by $3.8M .
- Total consolidated net sales increased 0.1% to $101.0 million
- Zig-Zag Products net sales decreased by 8.3% due to anticipated reduction of trade inventory during the quarter
- Stoker’s Products net sales increased by 6.2%
- Creative Distribution Solutions net sales increased by 8.0%
- The Company is maintaining its previous expectation of full-year 2023 adjusted EBITDA to be $88 to $94 million.
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Turning Point Brands Non-GAAP EPS of $0.62 beats by $0.13, revenue of $101M beats by $3.8M