The Marlboro maker, similar to other tobacco peers, has bet heavily on smoking alternatives as stricter regulation and awareness of health risks have dented ...
- Altria missed expectations for quarterly revenue and profit on Wednesday, as the tobacco giant contends with persistent weakness in demand for its cigarette brands .The Marlboro maker, similar to other tobacco peers, has bet heavily on smoking alternatives as stricter regulation and awareness of health risks have dented demand for traditional cigarettes in some markets.
The company's menthol flavored NJOY vape products became the first flavored vapes to get sale authorization from the U.S. Food and Drug Administration last month. Still, Altria has had to tackle stiff competition from cheaper disposable alternatives in the vapes category. Altria tightened its forecast for annual profit per share to between $5.07 and $5.15, compared with an earlier target of $5.05 to $5.17.The Marlboro maker, similar to other tobacco peers, has bet heavily on smoking alternatives as stricter regulation and awareness of health risks have dented demand for traditional cigarettes in some markets.
Altria Cigarette Brands Smoking Alternatives Traditional Cigarettes
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
80 Hilariously Spot-On History Memes Shared On This Dedicated Instagram PageThe “History Memes 3” Instagram page shares hilarious and insightful posts about the past.
Read more »
80 History Memes That Might Make You Laugh If You Paid Attention In ClassThe “History Memes 3” Instagram page shares hilarious and insightful posts about the past.
Read more »
80 Memes That Shed Light On Our Past And Are Hilarious At The Same TimeThe “History Memes 3” Instagram page shares hilarious and insightful posts about the past.
Read more »
BEYOND LOCAL: How to lower your student debt — and cut through misconceptions around itAccording to Statistics Canada, the average recent graduate of a bachelor's degree program owed about $30,600 in student debt as of 2020
Read more »
CRTC posts independent report on Rogers outage, says company made necessary changesRogers addressed critical deficiencies exposed by the outage, says report to Canadian Radio-Television and Telecommunications Commission
Read more »
Weight-Loss Drugs Linked With Lower Risk of Obesity-Related CancersBlockbuster weight loss and diabetes drugs may lower patients’ risk of developing some common types of cancer that are closely linked to obesity, new evidence suggests.
Read more »