Turning Point Brands (TPB) Reaffirms Guidance Following CEO Change, Is The Stock Trading At A Discount?
Turning Point Brands (TPB) announced CEO Graham Purdy's departure and reaffirmed 2026 sales guidance. The stock has fallen 28% in a month and 45.5% year-to-date, despite a 172.22% three-year return. The company's valuation is debated, with Modern Oral nicotine pouches driving growth, and shares trading at a P/E of 27x.




