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Q1: 2026-05-07 Earnings Summary
EPS of $0.76 beats by $0.03
|
Revenue of
$124.28M
(16.76% Y/Y)
beats by $8.61M
Turning Point Brands, Inc. (TPB) Q1 2026 Earnings Call May 7, 2026 8:30 AM EDT
Company Participants
Andrew Flynn - Senior VP & CFO
Graham Purdy - CEO, President & Director
Summer Frein - Senior VP & Chief Revenue Officer
Conference Call Participants
Eric Des Lauriers - Craig-Hallum Capital Group LLC, Research Division
Ian Zaffino - Oppenheimer & Co. Inc., Research Division
Nicholas Anderson - ROTH Capital Partners, LLC, Research Division
Jack Siedow - Needham & Company, LLC, Research Division
Presentation
Operator
Good morning, and welcome to the Turning Point Brands First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded.
I would now like to turn the conference over to Mr. Andrew Flynn, Chief Financial Officer. Please go ahead, sir.
Andrew Flynn
Senior VP & CFO
Good morning, everyone. Earlier today, we issued a press release covering our first quarter results available in the Investor Relations section of our website at www.turningpointbrands.com. During this call, we'll discuss consolidated and segment operating results, the operating environment and our progress against our strategic plan.
Before we begin, please refer to forward-looking statements and risk factors in our press release and SEC filings. We'll also reference certain non-GAAP financial measures. Reconciliations and explanations are included in today's earnings release.
With that, I'll turn the call over to our CEO, Graham Purdy.
Graham Purdy
CEO, President & Director
Thanks, Andrew. Good morning, everybody, and thank you for joining our call. We started the year with strong momentum, led by accelerating growth in Modern Oral with gross and net sales up 167% and 133% year-over-year and 30% and 26% sequentially. These results are driven by ongoing growth in both brands' D2C platforms, FRE's early expansion into larger, higher-volume chain accounts and ALP's very early move into bricks and mortar.
In the
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