NYSE$TPB
Turning Point Brands Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Turning Point Brands' Q4 2022 results reflected solid segment execution amidst regulatory challenges and strategic realignments.
Turning Point Brands reported a slight decrease in net sales for Q4 2022, with growth in Zig-Zag and Stoker's products offsetting declines in the NewGen segment. The company faced a net loss due to non-cash asset impairments, though adjusted net income remained positive. Strategic measures, including share repurchases and debt purchases, were undertaken while maintaining a strong cash balance.
- Consolidated net sales decreased by 1.8% to $103.4 million.
- Combined net sales for Zig-Zag and Stoker’s Products increased by 1.6%.
- Net income decreased significantly to a loss of $16.3 million due to non-cash asset impairments.
- Adjusted EBITDA decreased by 2.9% to $23.1 million.
Headline financials
Revenue & EPS history
Turning Point Brands · Revenue · Quarterly
$103M
Revenue by segment
Turning Point Brands · $46.4M total across 1 segment · Q4 2022
- Zig-Zag Products$46.4M+0.8%100.0%
Forward guidance
The Company expects full-year 2023 adjusted EBITDA to be $88 to $94 million.
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 Q4 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
| Quarter | Report date | Reaction (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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