TURNING POINT BRANDS, INC.

(TPB)
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Delayed Nyse  -  05/23 04:00:01 pm EDT
27.75 USD   +2.10%
05/04Turning Point Brands Declares Common Stock Dividend
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05/04Turning Point Brands Declares Common Stock Dividend, Payable on July 8, 2022
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05/02TURNING POINT BRANDS, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
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VaporBeast Receives Shipping Exemption from USPS

12/20/2021 | 04:40pm EDT

Now able to Fulfill Business-to-Business E-commerce orders via the United States Postal Service

Turning Point Brands, Inc. (NYSE: TPB) announced today that it has received a United States Postal Service (“USPS”) exemption to ship vapor products to thousands of age-restricted vape shops across the United States through VaporBeast and other websites.

“We remain focused on providing a positive experience for our customers,” said Marc Waxman, President of NewGen at Turning Point Brands. “As one of the first to apply for and receive an exemption from the USPS, we are now able to increase the number of shipping options we offer our customers. This will allow for optimized order processing, more accurate tracking data, and faster overall shipping times. Our network of delivery choices is expanding every week to cover shipments to more and more businesses and adult consumers.”

For more information about becoming a retail customer, please visit VaporBeast.com.

About VaporBeast

Vapor Beast® is a leading wholesale e-commerce platform and sales organization serving the evolving retail vapor channel with a wide range of proprietary and third-party products.

About Turning Point Brands

Turning Point Brands (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, through its iconic Zig-Zag® and Stoker’s® brands and its emerging brands within the NewGen segment. TPB’s products are available in more than 210,000 retail outlets in North America, and on sites such as www.zigzag.com, www.nu-x.com and www.solacevapor.com. For the latest news and information about TPB and its brands, please visit www.turningpointbrands.com.


© Business Wire 2021
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Financials (USD)
Sales 2022 434 M - -
Net income 2022 55,2 M - -
Net Debt 2022 - - -
P/E ratio 2022 11,3x
Yield 2022 0,85%
Capitalization 493 M 493 M -
Capi. / Sales 2022 1,14x
Capi. / Sales 2023 1,07x
Nbr of Employees 426
Free-Float 88,1%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 27,18 $
Average target price 49,50 $
Spread / Average Target 82,1%
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Managers and Directors
Yavor Efremov President, Chief Executive Officer & Director
Louie Reformina Chief Financial Officer & Senior Vice President
David E. Glazek Chairman
Christian Allen Senior Vice President-Information Technology
Sarah Evans Director-Scientific & Regulatory Affairs