Turning Point Brands, Inc. (TPB) Q4 2024 Earnings Call Transcript

Turning Point Brands, Inc. (NYSE:TPB) Q4 2024 Earnings Conference Call March 6, 2025 10:00 AM ET

Company Participants

Andrew Flynn – Chief Financial Officer
Graham A. Purdy – President and Chief Executive Officer
Summer Frein – Chief Marketing Officer

Conference Call Participants

Eric Des Lauriers – Craig Hallum Capital Group
Ian Zaffino – Oppenheimer
Nick Anderson – ROTH Capital Partners
Aaron Grey – Alliance Global Partners

Operator

Thank you for standing by. My name is Kathleen, and I will be your conference operator today. At this time, I would like to welcome everyone to the Turning Point Brands’ Fourth Quarter and Fiscal Year 2024 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

And now, I would like to turn the call over to Andrew Flynn, CFO, Turning Point Brands. Please go ahead.

Andrew Flynn

Good morning, everyone. A short while ago, we issued a press release covering our Q4 results. This release is located in the IR section of our website at www.turningpointbrands.com. As you’re aware, this release followed an 8-K issued February 10 that included some preliminary financial metrics.

During this call, we will discuss our consolidated and segment operating results and provide some perspective in the operating environment and progress against our strategic plan. As a brief reminder, we deconsolid our CDS segment and is now classified as discontinued ops. This change is reflected in our financials and the consolidated results that we will be discussing today. As is customary, I direct your attention to the discussion of forward-looking and cautionary statements in today’s press release and the risk factors in our filings with the Securities and Exchange Commission.

On the call today, we will reference certain non-GAAP financial

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