Turning Point Brands: Scaling An Alp With Tucker Carlson
Turning Point Brands has seen a significant turnaround, driven by reduced reliance on vaping products, and entrance into the nicotine pouch category. The company's nicotine pouch brand FRĒ, relaunched in 2023, has shown impressive growth, with further potential for a similar product called Alp sold through joint venture with Tucker Carlson Media. Zig-Zag's performance has been underwhelming due to increased competition and a shift in demand, but efforts to reposition the brand are paying off.
Turning Point Brands: Alp Is Off To A Fast Start
Turning Point Brands' joint venture with Tucker Carlson for Alp nicotine pouches has launched, with pre-orders shipping during December. Initial web traffic data shows quite strong demand for Alp. TPB also intriguingly filed an at-the-market sales agreement to support nicotine pouch growth investments. TPB's Q3 performance shows solid underlying growth in Zig-Zag and FRE nicotine pouches.
Turning Point Brands (TPB) Q3 2024 Earnings Call Transcript
Turning Point Brands (NYSE:TPB ) Q3 2024 Earnings Call Transcript November 7, 2024 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham Purdy - President and Chief Executive Officer Summer Frein - Chief Revenue Officer Conference Call Participants Eric Lauriers - Craig Hallum Capital Group Michael Legg - The Benchmark Company Nick Anderson - ROTH MKM Operator Good day, and welcome to the Turning Point Brands Third Quarter 2024 Conference Call. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded.
Turning Point Brands: Growth In Disguise (Rating Upgrade)
Turning Point Brands' underlying growth, aided by nicotine pouch brands and Zig-Zag's cannabis positioning, has been clouded by the weak CDS segment. The FRE brand's rapid growth and potential Alp collaboration with Tucker Carlson could significantly boost revenues. Wall Street's Q3 expectations are conservative, but the company's underlying growth prospects suggest potential undervaluation.
Turning Point Brands: Why This Tobacco Stock Winner Has More Room To Run
Turning Point Brands has surged over 87.5%, thanks to the company's refocus on its smokeless tobacco and rolling paper businesses. Even after this incredible run-up in price, shares have more room to run, as factors like Turning Point's move into the nicotine pouch space point to a further growth resurgence. In the coming years, TPB stock could hit prices topping $90 per share, thanks to earnings growth, as well as possible multiple expansion.
Turning Point Brands (TPB) Q2 2024 Earnings Call Transcript
Turning Point Brands (NYSE:TPB ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham Purdy - Chief Executive Officer Summer Frein - Chief Revenue Officer Conference Call Participants Michael Legg - The Benchmark Company Eric Des Lauriers - Craig-Hallum Capital Group Operator Thank you for standing by. My name is Sully, and I will be your conference operator today.
Turning Point Brands Q2: Great Underlying Growth Goes Unnoticed
Turning Point Brands reported a Q2 earnings beat, showing a return to positive revenue growth after 10 out of 11 prior quarters showing a decline. The Stoker's segment drove incredible growth with MST and FRE brands, while other segments showed quite predictable performances, with solid Zig-Zag momentum and a wide CDS sales decline. The stock's underlying potential is still largely unnoticed by the market, represented by the stock's continued undervaluation.
Turning Point Brands: Stable Business With Great Cash Flow Yield
Turning Point Brands manufactures and sells tobacco-related products such as rolling papers, chewing tobacco, and has more recently started selling nicotine pouches. The company has had negative revenue growth in recent years, but the scaling FRE nicotine pouch brand could revitalize growth. The CDS segment's revenues have turned dire, but as the segment scales down, it will drag down total revenues less in the future.
