NYSE:TPBTobacco
Turning Point Brands (TPB) Is Up 5.1% After Stoker’s-Fueled Margin Surge - What's Changed
In the third quarter of 2025, Turning Point Brands reported gross profit of US$70.4 million, up 39.7% year over year, powered by very large growth in its Stoker’s segment and higher Modern Oral adoption.
The Stoker’s segment not only delivered an 80.8% surge in net sales but also lifted its gross margin by 440 basis points to 60.2%, underscoring how mix shift toward Modern Oral and higher-margin formats is reshaping TPB’s earnings profile.
We’ll now assess how Stoker’s sharply higher sales...