Turning Point Brands, Inc. (TPB) Prelim. Q2 Revenue Tops Views
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Turning Point Brands Announces Preliminary Second Quarter 2020 Results
July 8, 2020 4:06 PM EDTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Turning Point Brands, Inc. (TPB or the Company) (NYSE: TPB), a leading provider of Other Tobacco Products (OTP) and adult consumer alternatives, today announced preliminary sales results for the second quarter ended June 30, 2020 in connection with the underwritten secondary offering by certain of its stockholders of 2,000,000 shares of TPBs common stock. TPB plans to release its full second quarter 2020 financial results along with updated full year guidance on July 28, 2020.
During the second quarter of 2020, the Company delivered strong execution of its business strategy and achieved record quarterly net sales.... More
Turning Point Brands Announces Proposed Secondary Offering of Two Million Shares of Common Stock by its Significant Stockholders
July 8, 2020 4:03 PM EDTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Turning Point Brands, Inc. (TPB or the Company) (NYSE: TPB), a leading provider of Other Tobacco Products and adult consumer alternatives, today announced the proposed underwritten public offering of 1,800,000 shares of Company common stock by Standard Diversified Inc. (SDI) and an aggregate of 200,000 shares of Company common stock by funds affiliated with Standard General L.P. (the Standard General Funds and, together with SDI, the Selling Stockholders). Such offer and sale are and will be made pursuant to that certain Registration Statement on Form S-3 declared effective by the Securities and Exchange... More
