What is the Fiscal Year for Turning Point Brands?

Headquarters

Louisville, Kentucky, United States

Industry

Mechanical Or Industrial Engineering

Stock Symbol

TPB

Website

Description

Turning Point Brands, Inc. (NYSE: TPB) is a leading, manufacturer, marketer and distributor of branded consumer products with active ingredients. We sell a wide range of products exclusively to adult consumers, from our iconic brands to our next generation products to fulfill evolving consumer preferences. Our three focus segments are led by our core, proprietary brands including Zig-Zag® (rolling papers and wraps), Stoker’s® (looseleaf chew and moist snuff) along with our distribution platforms (VaporBeast®, VaporFi® and Direct Vapor®) in NewGen. Our products are sold in over 215,000 retail outlets in North America and through our e-commerce platforms such as www.zigzag.com. Our businesses generate solid cash flow which we use to finance acquisitions, increase brand support, expand our distribution infrastructure, and strengthen our capital position. The world-famous Zig-Zag® brand has a proud heritage of leadership dating to 1879. Zig-Zag® is the leading premium paper in both the U.S. and Canada. Over the past decade, Zig-Zag® has successfully expanded its consumer base into new product categories such as cigar wraps, hemp paper and paper cones. In 2022, we entered into an exclusive distribution agreement for CLIPPER® lighters (the world's leading reusable lighter) in the U.S. and Canada. The Stoker’s® brand has a proud heritage dating to 1940. Stoker’s competes in the chewing tobacco segment, where it has grown to the #1 position, and in the moist snuff segment, where it remains one of the fastest-growing brands. The portfolio also includes Beech-Nut®, launched in 1897, and a diverse collection of other chewing tobacco brands that offer a variety of consumer choices and tastes. Our NewGen vapor portfolio includes our B2B (Vapor Beast®), B2C (International Vapor Group®) vape distribution platforms.