Core Insights - February same-store sales increased by 4% year-over-year, showing a durable trend in retail sales growth [5][7] - The average price for the top 500 items rose by 2.7% year-over-year, marking a significant increase from the previous month's 1.2% [6][8] Sales Performance - Same-store sales increased by 4.4% compared to January 2026, following a decrease of 6.6% in January compared to December 2025 [6] - For the three months ending February 28, 2026, same-store sales rose by 4.3% compared to the same period last year [6][10] Units Sold and Transactions - Units sold decreased by 0.2% year-over-year, contrasting with a 2.9% increase in January 2026 [6] - The number of baskets (transactions) per store decreased by 0.8% year-over-year, although there was a 3.7% increase compared to January 2026 [6] Regional Performance - Sales growth was particularly strong in Midwestern cities like Chicago and Detroit, while growth slowed along the East Coast, indicating the influence of regional factors such as weather [8] Transaction Data - The NRS retail network included approximately 38,700 active terminals across 33,600 stores as of February 28, 2026 [2] - In February 2026, NRS' POS terminals processed $1.9 billion in sales, reflecting a 14% year-over-year increase across 122 million transactions [11]

Core Insights - Apis Capital Advisors increased its position in Turning Point Brands by 106,948 shares, valued at approximately $10.46 million, during Q4 2026, resulting in a total position value increase of $12.14 million due to stock price changes [1][6] - The stake in Turning Point Brands rose to 3.1% of 13F reportable AUM following the filing [2] Company Overview - Turning Point Brands, Inc. is a diversified consumer products company focused on the tobacco and alternative products market, leveraging a strong brand portfolio and established distribution network [5] - As of March 4, 2026, the company's market capitalization was $1.86 billion, with a revenue of $463.06 million and a net income of $68.15 million [4] Stock Performance - As of March 4, 2026, shares of Turning Point Brands were priced at $97.58, reflecting a 38.6% increase over the past year, outperforming the S&P 500 by 21 percentage points [3] Growth Potential - Turning Point Brands is experiencing significant growth, particularly in the white nicotine pouch industry, with sales growth of 266% in Q4 2026, which is projected to contribute to half of the company's total revenue by the end of 2026 [9] - The industry is expected to grow by 20% over the next decade, indicating a favorable market environment for the company [10]

Core Insights - Findell Capital Management has initiated a new position in Turning Point Brands (NYSE:TPB) valued at approximately $8.9 million, acquiring 90,000 shares during the third quarter [2][3] Company Overview - Turning Point Brands, Inc. is a diversified consumer products company focused on the tobacco and alternative products market, operating through established brands and a multi-channel distribution strategy [6] - The company offers a range of branded consumer products, including rolling papers, tobacco products, cigars, and vapor products, with key brands such as Zig-Zag and Stoker's [7] Financial Performance - Turning Point Brands reported a market capitalization of $1.9 billion, with a trailing twelve months (TTM) revenue of $435.7 million and a net income of $52.4 million [5] - The latest quarter showed a 31% revenue growth to $119 million and a 17% adjusted EBITDA growth to $31.3 million, driven by a significant increase in Modern Oral products, which saw sales jump 628% year over year to $36.7 million [10] Investment Context - Findell Capital Management's new stake in Turning Point Brands represents 3.5% of the fund's $253.4 million in reportable U.S. equity assets, bringing its total positions to 15 at the end of the quarter [3] - The stock price of TPB was $99.56 as of the market close, reflecting a 60% increase over the past year, significantly outperforming the S&P 500's 13% gain during the same period [4]

As filed with the Securities and Exchange Commission on August 28, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GREENLANE HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 5099 83-0806637 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 1095 Broken Soun ...