- Turning Point Brands press release (NYSE:TPB): Q3 Non-GAAP EPS of $0.76 beats by $0.16.
- Revenue of $101.7M (-5.7% Y/Y) misses by $2.67M.
- Adjusted EBITDA decreased 0.4% to $24.4 million.
For the third quarter, CDS net sales were $18.1 million, gross was $4.3 million, and gross margin was 23.8%.
- Outlook: Revised Annual Adjusted EBITDA Guidance to $92 to $95 million from $90 to $95 million.
Creative Distribution Solutions (18% of total net sales in the quarter).