OverviewSuggest Edit

Turning Point Brands manufactures and markets smokeless and smoking tobacco products in the United States. It operates in three segments: Smokeless Products, Smoking Products, and NewGen Products. The Smokeless Products segment manufactures and markets moist snuff; and contracts for and markets loose leaf chewing tobacco products. The Smoking Products segment imports and markets cigarette papers, tubes, and related products; processes, packages, and markets make-your-own (MYO) cigarette tobaccos; imports and markets MYO cigar wraps and loose cigar smoking tobacco, as well as finished cigars; and processes, packages, and markets traditional pipe tobaccos. The NewGen Products segment markets and distributes liquid vapor products, tobacco vaporizer products, and other products without tobacco and nicotine, including markets e-cigarettes, e-liquids, vaporizers, and other related products; and distributes various assortments of vaping products to non-traditional retail outlets through VaporBeast.
TypePublic
Founded2004
HQLouisville, US
Websiteturningpointbrands.com

Latest Updates

Employees (est.) (Feb 2019)520(+80%)
Job Openings28
Revenue (FY, 2018)$332.7 M(+17%)
Share Price (Oct 2019)$22.3

Key People/Management at Turning Point Brands

Lawrence S. Wexler

Lawrence S. Wexler

President & Chief Executive Officer, Turning Point Brands
James W. Dobbins

James W. Dobbins

Senior Vice President, General Counsel and Secretary
Robert Lavan

Robert Lavan

Senior Vice President, Chief Financial Officer
Brittani N. Cushman

Brittani N. Cushman

Senior Vice President, External Affairs
Charles H. Melander

Charles H. Melander

Senior Vice President, Operations & Quality Assurance
James M. Murray

James M. Murray

Senior Vice President, Business Planning
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Turning Point Brands Office Locations

Turning Point Brands has an office in Louisville
Louisville, US (HQ)
5201 Interchange Way
Show all (1)

Turning Point Brands Financials and Metrics

Turning Point Brands Revenue

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View revenue for all periods
Turning Point Brands's revenue was reported to be $332.68 m in FY, 2018
USD

Revenue (Q2, 2019)

93.3m

Gross profit (Q2, 2019)

41.2m

Gross profit margin (Q2, 2019), %

44.1%

Net income (Q2, 2019)

13.2m

EBIT (Q2, 2019)

19.9m

Market capitalization (16-Oct-2019)

439.2m

Closing stock price (16-Oct-2019)

22.3

Cash (30-Jun-2019)

2.1m

EV

450.0m
Turning Point Brands's current market capitalization is $439.2 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

206.2m285.8m332.7m

Cost of goods sold

105.9m160.9m190.1m

Gross profit

100.4m124.9m142.6m

Gross profit Margin, %

49%44%43%
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

49.9m51.6m51.0m66.8m72.1m73.3m73.9m81.1m83.3m91.6m93.3m

Cost of goods sold

25.2m26.7m26.3m39.1m40.1m40.4m42.1m45.3m47.1m51.2m52.2m

Gross profit

24.6m24.9m24.6m27.7m32.0m32.9m31.8m35.8m36.2m40.5m41.2m

Gross profit Margin, %

49%48%48%41%44%45%43%44%43%44%44%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

2.9m2.6m3.3m

Inventories

62.2m63.3m91.2m

Current Assets

78.9m79.5m111.9m

PP&E

7.6m8.9m10.6m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

17.1m19.7m25.3m

Depreciation and Amortization

1.2m1.6m2.1m

Inventories

(12.5m)495.0k(20.6m)

Accounts Payable

3.6m(5.7m)2.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

2.2m3.0m9.8m1.9m8.8m16.1m3.0m12.4m20.3m6.6m19.8m

Depreciation and Amortization

293.0k586.0k896.0k354.0k771.0k1.2m560.0k1.1m1.6m531.0k1.2m

Inventories

(3.6m)(7.4m)(7.4m)1.3m(4.0m)(970.0k)5.2m(10.3m)(18.8m)366.0k(3.3m)

Accounts Payable

724.0k1.2m(531.0k)(1.6m)(629.0k)(2.3m)3.0m10.0m4.4m8.2m12.9m
USDY, 2019

EV/EBIT

22.6 x

EV/CFO

20.7 x

EV/FCF

22.8 x

Financial Leverage

3.5 x
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Turning Point Brands Online and Social Media Presence

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Turning Point Brands Frequently Asked Questions

  • When was Turning Point Brands founded?

    Turning Point Brands was founded in 2004.

  • Who are Turning Point Brands key executives?

    Turning Point Brands's key executives are Lawrence S. Wexler, James W. Dobbins and Robert Lavan.

  • How many employees does Turning Point Brands have?

    Turning Point Brands has 520 employees.

  • What is Turning Point Brands revenue?

    Latest Turning Point Brands annual revenue is $332.7 m.

  • What is Turning Point Brands revenue per employee?

    Latest Turning Point Brands revenue per employee is $639.8 k.

  • Who are Turning Point Brands competitors?

    Competitors of Turning Point Brands include Universal Corporation, Pax Labs and Japan Tobacco.

  • Where is Turning Point Brands headquarters?

    Turning Point Brands headquarters is located at 5201 Interchange Way, Louisville.

  • Where are Turning Point Brands offices?

    Turning Point Brands has an office in Louisville.

  • How many offices does Turning Point Brands have?

    Turning Point Brands has 1 office.