Turning Point Brands, Inc. , a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today.
Turning Point Brands Q4: Entry Into Oral Nicotine Pouch Category Is A 2024 Catalyst (TPB) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Maker of Zig-Zag rolling papers Turning Point Brands announced on Wednesday financial results for the fourth quarter and full year ended Dec. 31, 2023.Graham Purdy, president and CEO, praised quarterly results. "Our fourth quarter results were at the high end of our expectations," Purdy said. "The Zig-Zag segment was stable from the previous year excluding the impact of a discontinued product line and is well positioned to return to growth in 2024. We also had strong free cash flow generation during the year allowing us to build a cash balance to address the remaining principal amount of our convertible notes at maturity in July."
Turning Point Brands Announces Fourth Quarter and Full Year 2023 Results marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.