2020年7月9日

美国烟草公司，转折点品牌（TPB）宣布了截至2020年6月30日的第二季度初步销售业绩，与某些股东承销的200万股TPB普通股的二次发售有关。 TPB计划在2020年7月28日发布其2020年第二季度的完整财务业绩以及更新的全年指南。

2020年第二季度期间，净销售额的初步估计超过了1亿美元，而2020年4月28日提供的净销售额指导为8100万美元至8700万美元。所有细分市场都超出了2020年第二季度的管理层预期。

在无烟领域，随着Stoker的MST系列产品继续保持增长势头并获得消费者的认可，本季度初持续增长的长期消费者下降趋势继续存在。

在吸烟领域，销售受益于消费量的增加，新产品的渗透以及最近实施的增长计划，这抵消了MYO雪茄包装业务中与疫情相关的供应链中断。在新一代细分市场中，市场份额的增长和新产品的推出使该细分市场的销售额同比取得了正增长。

TPB宣布了先前宣布的承销商Standard Diversified公开发售180万股公司普通股和由Standard General附属基金（Standard General基金）发行的总计200,000股公司普通股的定价，发行价为23.50美元每股。此外，Standard General基金已授予承销商选择购买最多215,000股公司普通股的权利，以支付超额配股，这笔配股期限为两个工作日。

卖出的股东将从发行中获得全部净收益。预计关闭时间为7月13日左右，具体时间取决于惯例关闭条件。股份在纽约证券交易所上市，股票代码为TPB。

Turning Point Brands Exceeds Quarterly Expectations

July 9, 2020

Turning Point Brands (TPB) announced preliminary sales results for the second quarter ended June 30, 2020, in connection with the underwritten secondary offering by certain of its stockholders of 2 million shares of TPB’s common stock. TPB plans to release its full second-quarter 2020 financial results along with updated full-year guidance on July 28, 2020.

During the second quarter of 2020, preliminary estiMATes of net sales exceeded $100 million compared to net sales guidance of $81 million to $87 million provided on April 28, 2020. All segments outperformed management expectations for the second quarter of 2020.

In the smokeless segment, the secular consumer downtrading trends that accelerated earlier in the year continued during the quarter as the Stoker’s MST line continues to build momentum and gain consumer acceptance.

In the smoking segment, sales benefited from increased consumption, new product penetration and recently implemented growth initiatives, which offset the Covid-related supply chain disruption experienced in the MYO cigar wraps business. In the new generation segment, market share gains and new product introductions returned the segment to positive year-over-year sales growth.

TPB announced the pricing of the previously announced underwritten public offering of 1.8 million shares of company common stock by Standard Diversified and an aggregate of 200,000 shares of company common stock by funds affiliated with Standard General (the Standard General funds) at an offering price of $23.50 per share. In addition, the Standard General funds have granted the underwriter the option to purchase up to 215,000 shares of the company’s common stock from them to cover over-allotments, which will be exercisable for two business days.