NYSE$TPB

Turning Point Brands Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Turning Point Brands' Q1 2022 results reflected growth in Zig-Zag and Stoker's products, while navigating a challenging consumer and regulatory landscape.

Turning Point Brands reported a decrease in net sales by 6.3% to $100.9 million, but experienced a 10.1% increase in net sales for Zig-Zag and Stoker's Products. The company's diluted EPS was $0.55, and adjusted diluted EPS was $0.71. They focused on growing market share for Zig-Zag and Stoker's while managing profitability across all segments, including NewGen.

  • Net sales decreased by 6.3% to $100.9 million, but Zig-Zag and Stoker’s Products sales increased by 10.1%.
  • Gross profit decreased by 2.8% to $51.8 million.
  • Net income decreased by 6.7% to $11.0 million.
  • Diluted EPS was $0.55, and Adjusted Diluted EPS was $0.71.

Headline financials

Total Revenue

$101M

Previous: $108M-6.3%
EPS (adj)

$0.71

Previous: $0.80-11.3%
Capital Expenditures

-$2.79M

Previous: -$842K-231.0%
Free Cash Flow

$8.21M

Previous: $10.9M-25.0%
Net Income

$11M

Previous: $11.8M-6.7%
Operating Income

$19.2M

Previous: $24.3M-21.0%
Gross Profit

$51.8M

Previous: $53.3M-2.8%
Cash & Equivalents

$126M

Previous: $167M-24.7%
Total Assets

$619M

Previous: $627M-1.4%
Stock-Based Comp

$1.16M

Previous: $1.5M-22.6%

Revenue & EPS history

Turning Point Brands · Revenue · Quarterly

$101M

Q1 2022-6.3%vs Q1 2021
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Turning Point Brands · $45.7M total across 1 segment · Q1 2022

  • Zig-Zag Products
    $45.7M+11.4%

Forward guidance

TPB is maintaining the guidance provided on February 22, 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+3.8%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+7.3%

Avg return

30 days after

68%

30 / 44 earnings

Positive

+26.2%

Q1 2025

Best reaction

-22.2%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%-0.4%-4.6%
Q4 2025+5.0%-33.1%-45.8%
Q3 2025-1.1%-0.7%-0.3%
Q1 2025+26.2%+7.8%+17.4%
Q4 2024-8.1%-11.9%-18.6%
Q3 2024+1.3%+7.8%+25.8%
Q2 2024-1.3%-5.4%+5.1%
Q1 2024+12.1%+13.1%+12.4%
Q4 2023+10.2%+15.0%+27.7%
Q3 2023+2.8%+0.5%+13.6%
Q2 2023+8.0%+9.2%+5.0%
Q1 2023-3.5%-6.0%-4.5%
Q4 2022+10.2%+8.3%-4.6%
Q3 2022+7.9%+8.3%-2.3%
Q2 2022-15.3%-19.3%-19.5%
Q1 2022+1.0%+1.6%-6.6%
Q4 2021-1.1%-1.3%-4.7%
Q3 2021-22.2%-21.5%-23.3%
Q2 2021+9.9%+13.3%+5.8%
Q1 2021+1.0%+0.5%-10.3%
Q4 2020+1.2%+15.2%+4.0%
Q3 2020+14.6%+13.8%+16.6%
Q2 2020+11.1%+8.2%-5.0%
Q1 2020+2.4%+8.2%+16.2%
Q4 2019+12.2%+14.3%-9.1%
Q3 2019+21.9%+26.1%+32.3%
Q2 2019-8.2%-5.6%-11.6%
Q1 2019+21.3%+24.5%+15.1%
Q4 2018+6.2%+11.0%+9.3%
Q3 2018-9.2%-15.2%-31.6%
Q2 2018-2.9%-0.5%+16.7%
Q1 2018+5.4%+6.4%+33.5%
Q4 2017+2.2%+1.3%-5.3%
Q3 2017-2.5%+1.8%+8.9%
Q2 2017+12.8%+4.1%+11.2%
Q1 2017-4.2%-3.5%+3.4%
Q4 2016+4.8%+12.0%+20.7%
Q4 2014+4.8%+12.0%+20.7%
Q3 2015+0.5%+12.7%+2.6%
Q3 2016+0.5%-0.7%-10.6%
Q2 2015+22.5%+19.0%+69.3%
Q2 2016+22.5%+19.0%+69.3%
Q1 2015-8.8%+18.3%+37.9%
Q1 2016-8.8%+18.3%+37.9%
Q3 2014
Q2 2014
Q1 2014

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