Shares of Altria Group dipped 0.3% to $52.51. The cigarette manufacturer reported earnings of $1.29 a share on revenue of $5.1 billion, in line with FactSet consensus estimates. F
RICHMOND, Va. - Altria Group , Inc. (NYSE: NYSE:MO), the $89 billion tobacco giant, today announced its financial results for the fourth quarter of 2024 and provided its full-year earnings guidance for 2025.
A government website shows the Trump administration has withdrawn the Food and Drug Administration’s proposed ban of menthol-flavored
Q4 2024 Earnings Call Transcript January 30, 2025 9:00 AM ETCompany ParticipantsMac Livingston - Vice President of
Is there any ban on menthol cigarettes in US? The Food and Drug Administration had in April 2022 proposed to ban the sale of menthol cigarettes and flavored cigars, but its implementation was delayed several times by the Biden administration, as per a report.
The Trump administrations removed FDA's plan to ban menthol cigarettes. The Biden administration did not finalize the rule amid opposition.
RICHMOND, Va., January 30, 2025 -- ( BUSINESS WIRE )--Altria Group, Inc. (NYSE: MO) is pleased to announce that Richard S. Stoddart will join our Board of Directors (Board) on February 3, 2025.
Altria , the maker of Marlboro cigarettes, has placed under review its 2028 goals for selling alternatives to smoking on the U.S. market, saying on Thursday it may not be able to meet them because of competition from disposable vapes.
Altria Group Inc.’s stock fell Thursday after the tobacco giant said it continues to face the challenge of counterfeit products in the rapidly growing vape market. But the company narrowly beat Wall Street’s fourth-quarter earnings projections.
Altria Reports 2024 Fourth-Quarter and Full-Year Results; Provides 2025 Full-Year Earnings Guidance; Announces New $1 Billion Share Repurchase Program
Marlboro maker Altria said on Thursday its annual adjusted profit could be lower than estimated, citing rising competition from rival vapes in the market and persistently weaker demand for cigarettes.
Reports Q4 revenue $5.11B, consensus $5.05B. “2024 was another pivotal year for Altria, headlined by meaningful progress toward our Vision,