March 8, 2018 / 11:55 AM / 3 months ago

BRIEF-Turning Point Brands Reports Q4 Adjusted Earnings Per Share $0.23

March 8 (Reuters) - Turning Point Brands Inc:

* TURNING POINT BRANDS, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS

* QTRLY EARNINGS PER SHARE $0.18

* ‍CAPITAL EXPENDITURES FOR 2018 ARE EXPECTED TO BE $2 MILLION TO $3 MILLION​

* TURNING POINT BRANDS - TO CONTINUE SKU RATIONALIZATION EFFORTS WHILE DISCONTINUING PRODUCTS THAT DO NOT WARRANT EXPENSE TO GET FDA COMPLIANCE

* TURNING POINT - IDENTIFIED PRODUCTS FOR 2018 RATIONALIZATION & ESTIMATE SKU DISCONTINUATIONS WILL UNFAVORABLY IMPACT YOY SALES BY ABOUT $3.5 MILLION Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below