Q1 Revenue Reaches $124.28M, Exceeds Expectations
Reports Q1 revenue $124.28M, consensus $115.66M. "We delivered a strong first quarter, driven by continued momentum in Modern Oral and disciplined execution across the portfolio," said Graham Purdy, President and CEO. "We believe we are in the early stages of a generational shift in nicotine consumption, with significant opportunity ahead as the category continues to evolve. We are investing behind our brands, commercial capabilities, and consumer reach to position us to capture meaningful share in white pouch, including through initiatives such as our recently announced TKO partnership featuring UFC. At the same time, our legacy brands continue to generate strong cash flow, providing the foundation to fund our strategic priorities. We remain confident in our ability to scale our modern oral business and drive long-term value for shareholders."
