Turning Point Brands reported strong first quarter 2025 results with net sales increasing 28.1% year-over-year to $106.4 million, driven by substantial growth in Modern Oral sales. Net income rose by 19.8% to $14.4 million, and adjusted EBITDA increased by 12.0% to $27.7 million.
Net Sales for Q1 2025 increased 28.1% year-over-year to $106.4 million.
Modern Oral Net Sales for Q1 2025 reached $22.3 million, nearly 10-times higher than the prior year.
Adjusted EBITDA for Q1 2025 was $27.7 million, up 12.0% over the prior year.
The company reaffirmed its full-year 2025 Adjusted EBITDA guidance and increased its full-year consolidated nicotine pouch sales guidance.
Turning Point Brands is increasing its projected Modern Oral sales guidance for the full year 2025 and maintaining its Adjusted EBITDA guidance.
Visualization of income flow from segment revenue to net income