Turning Point Brands Announces Fourth Quarter and Full Year 2023 Results
Stoker’s had an outstanding quarter posting its highest growth rate in over four years led by double-digit growth year-over-year in Stoker’s MST.
- Stoker’s had an outstanding quarter posting its highest growth rate in over four years led by double-digit growth year-over-year in Stoker’s MST.
- For the quarter, the Zig-Zag Products segment gross profit decreased 1.0% to $25.5 million.
- For the fourth quarter, total Stoker’s Products segment volume increased 14.2%, while price / mix increased 4.4%.
- For the fourth quarter, CDS net sales were $14.1 million, gross profit was $3.1 million, and gross margin was 22.4%.