Turning Point Brands, Inc. Announces Second Quarter 2018 Results

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Turning Point Brands, Inc. (TPB) Misses Q2 EPS by 2c, Miss on Revenues

August 8, 2018 7:10 AM EDT

Turning Point Brands, Inc. (NYSE: TPB) reported Q2 EPS of $0.50, $0.02 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $81.1 million versus the consensus estimate of $82.4 million.

Net sales increased 12.5% to a record $81.1 millionGross profit increased 11.8% to a record $35.8 millionNet... More