Turning point brands announces first quarter 2021 results, increases 2021 guidance

Louisville, ky.--(business wire)--turning point brands, inc. (“tpb” or “the company”) (nyse: tpb), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, today announced financial results for the first quarter ended march 31, 2021. first quarter 2021 (comparisons vs. same period a year-ago) net sales increased 18.7% to $107.6 million gross profit increased 28.6% to $53.3 million net income increase
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