Earnings Call Summary | Turning Point Brands(TPB.US) Q1 2024 Earnings Conference
Earnings Call Summary | Turning Point Brands(TPB.US) Q1 2024 Earnings Conference
The following is a summary of the Turning Point Brands, Inc. (TPB) Q1 2024 Earnings Call Transcript:
以下是 Turning Point Brands, Inc. (TPB) 2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Turning Point Brands' Q1 Adjusted EBITDA increased 21.6% to $25.3 million.
Revenue for the Zig-Zag segment rose by 11.5% to $46.7 million, which was a result of growth in papers and expansion in the alternative channel.
Stoker's revenue also increased by 8% to $36.4 million despite a decline in loose-leaf volume.
Overall, consolidated quarterly sales fell by 3.9% to $97.1 million; However, when excluding the CDS, total revenue increased by 10%.
The company provided guidance for adjusted EBITDA in 2024 to be in the range of $95 million to $100 million.
Turning Point Brands第一季度調整後的息稅折舊攤銷前利潤增長了21.6％，至2530萬美元。
Zig-Zag板塊的收入增長了11.5％，達到4,670萬美元，這是報紙增長和替代渠道擴張的結果。
儘管活頁銷量下降，但斯托克的收入也增長了8％，達到3640萬美元。
總體而言，合併季度銷售額下降了3.9％，至9,710萬美元；但是，不包括CDS，總收入增長了10％。
該公司爲2024年調整後的息稅折舊攤銷前利潤在9,500萬美元至1億美元之間提供了指導。
Business Progress:
業務進展：
The company sees promising growth opportunities with the entrance of the new executive, Andrew Flynn.
Success has been noted in the alternative channel strategy of Zig-Zag, leading to a growth in average order sizes and increases in shelf space.
Zig-Zag and Stoker's continue to create engaging opportunities for expanding consumer bases.
The launch of a new product, FRE, received positive feedback and is expected to contribute significantly to future revenue and profit growth.
Significant progress has been achieved in digital marketplaces, allowing a closer relationship with the end consumer.
There are discussions about possibly divesting the CDS segment.
The company succeeded in increasing its market share by 60% year over year and broadening the portfolio of the Zig-Zag brand.
The strategic focus is now on finding new retail stores, distributors, and focusing on the right product mix.
The company noted positive results in the FRE segment and plans on further expanding it.
Despite competition, the company is confident in its robust online business platform that directly appeals to the end consumer.
隨着新任高管安德魯·弗林的上任，該公司看到了前景光明的增長機會。
Zig-Zag的替代渠道策略取得了成功，導致平均訂單量增長和貨架空間增加。
Zig-Zag和Stoker's繼續爲擴大消費者群創造引人入勝的機會。
新產品FRE的推出獲得了積極的反饋，預計將爲未來的收入和利潤增長做出重大貢獻。
數字市場取得了重大進展，從而與終端消費者建立了更緊密的關係。
有人討論可能剝離CDS板塊。
該公司成功地將其市場份額同比增長了60％，並擴大了Zig-Zag品牌的產品組合。
現在，戰略重點是尋找新的零售門店、分銷商，並專注於正確的產品組合。
該公司注意到FRE細分市場的積極業績，並計劃進一步擴大其規模。
儘管存在競爭，但該公司對其直接吸引終端消費者的強大在線業務平台充滿信心。
More details: Turning Point Brands IR
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Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。