Corrected: Turning Point Brands Q1 sales rise 17%, beat estimates

Turning Point Brands

07/05/2026 12:39

Corrects Q1 net income figure to $11.7 mln from $13.94 mln in Key Details table

Overview

U.S. tobacco alternatives maker's Q1 sales rose 17%, beating analyst expectations

Adjusted diluted EPS for Q1 fell to $0.76 from $0.91 last year

Company raised full-year Modern Oral sales guidance and introduced EBITDA guidance

Outlook

Turning Point Brands raises FY 2026 Modern Oral Gross Sales guidance to $280-$300 mln

Company expects FY 2026 Modern Oral Net Sales of $210-$225 mln

Turning Point Brands introduces FY 2026 Adjusted EBITDA guidance of $70-$90 mln

Result Drivers

MODERN ORAL GROWTH - Sales of Modern Oral products rose 133%, accounting for 42% of total net sales, and drove overall revenue growth

ZIG-ZAG DECLINE - Zig-Zag segment net sales fell 22.4% due to lower U.S. papers and wraps shipments

HIGHER SG&A SPENDING - Increased investment in Modern Oral sales and marketing, and higher outbound freight, led to a 53% rise in SG&A expenses

Company press release: ID:nBwbf8fkFa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$124.28 mln
$115.66 mln (5 Analysts)
Q1 Net Income
$11.7 mln
Q1 Gross Profit
$68.30 mln
Q1 Operating income
$12.48 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)