Risk factors
Turning Point Brands (TPB) risk factors
Item 1A of every Turning Point Brands, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors48 risks1 new3 dropped7 reworded
New $300 million 7.625% debt and floating-rate borrowing capacity create greater refinancing and cash-service pressure.
Filed Mar 02, 2026 - FY2024 10-K risk factors50 risks
Declining tobacco consumption, heavy regulatory scrutiny from the FDA, and excise taxes dominate the risk profile. Key supplier and brand dependencies create severe operational concentration vulnerabilities. Significant debt levels and an ongoing enterprise resource planning system remediation add financial and internal control risks.
Filed Mar 06, 2025