The Zacks Analyst Blog Philip Morris, Altria and British American Tobacco [Yahoo! Finance]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
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US:NYSE Investor Relations:
pmi.com/investor-relations/overview
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Source: Yahoo! Finance
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Philip Morris International Inc. PM, Altria Group, Inc. MO and British American Tobacco p.l.c. BTI. The Zacks Tobacco industry players are increasingly pivoting toward smoke-free alternatives, driven by consumer health awareness and tightening regulations against traditional cigarettes. Companies like Philip Morris International Inc. Altria Group, Inc. and British American Tobacco p.l.c. are investing significantly in reduced-risk products (RRPs), positioning them for growth in this transforming market. Despite declining cigarette sales volumes due to inflation and changing consumer preferences, the industry benefits from robust pricing power, as smokers are typically less sensitive to price increases. This strategic shift toward RRPs, alongside resilient pricing, supports a more adaptable and sustainable
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News
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PM
Earnings
- 10/22/24 - Beat
PM
Sec Filings
- 11/21/24 - Form 8-K
- 11/12/24 - Form 25-NSE
- 11/8/24 - Form 4
- PM's page on the SEC website