Turning point brands announces fourth quarter and full year 2020 results

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 fourth quarter and full year ended december 31, 2020. fourth quarter 2020 (comparisons vs. same period a year-ago) net sales increased 31.2% to $105.3 million gross profit increased 321.8% to $51.8 million
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