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Altria Group Inc (MO.N)

MO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Altria Q2 Adjusted Earnings Per Share $1.10
Tuesday, 30 Jul 2019 07:00am EDT 

July 30 (Reuters) - Altria Group Inc ::ALTRIA REPORTS 2019 SECOND-QUARTER AND FIRST-HALF RESULTS; REAFFIRMS 2019 FULL-YEAR EARNINGS GUIDANCE AND ANNOUNCES NEW $1 BILLION SHARE REPURCHASE PROGRAM.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $4.15 TO $4.27.Q2 ADJUSTED EARNINGS PER SHARE $1.10.Q2 EARNINGS PER SHARE $1.07.Q2 REVENUE ROSE 5 PERCENT TO $6.6 BILLION.Q2 REVENUE ESTIMATE $5.09 BILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE ESTIMATE $1.11 -- REFINITIV IBES DATA.REAFFIRMS ITS GUIDANCE FOR 2019 FULL-YEAR ADJUSTED DILUTED EPS TO BE IN A RANGE OF $4.15 TO $4.27.REVISES ITS ESTIMATE FOR 2019 FULL-YEAR DOMESTIC CIGARETTE INDUSTRY VOLUME DECLINE RATE TO A RANGE OF 5% TO 6%.REAFFIRMS ITS 2019 FULL-YEAR ADJUSTED EFFECTIVE TAX RATE TO BE IN A RANGE OF 23.5% TO 24.5%.SAYS ALTRIA’S BOARD AUTHORIZED A NEW $1 BILLION SHARE REPURCHASE PROGRAM, WHICH THE COMPANY EXPECTS TO COMPLETE BY THE END OF 2020.  Full Article

North Carolina Attorney General Files Lawsuit Against Juul
Wednesday, 15 May 2019 11:01am EDT 

May 15 (Reuters) - North Carolina Attorney General::NORTH CAROLINA ATTORNEY GENERAL SAYS FILED LAWSUIT AGAINST JUUL.NORTH CAROLINA ATTORNEY GENERAL SAYS SHARED INFORMATION FROM JUUL INVESTIGATION WITH OTHER STATES.  Full Article

Philip Morris Comments On U.S. FDA Authorization For Sale Of IQOS In The U.S.
Tuesday, 30 Apr 2019 02:20pm EDT 

April 30 (Reuters) - Philip Morris International Inc ::PHILIP MORRIS INTERNATIONAL INC - COMMENTS ON U.S. FDA AUTHORIZATION FOR SALE OF IQOS IN UNITED STATES.PHILIP MORRIS INTERNATIONAL INC SAYS "IQOS OFFERS A SMOKE-FREE ALTERNATIVE TO CONTINUED SMOKING".PHILIP MORRIS INTERNATIONAL INC SAYS WILL BRING IQOS TO U.S. MARKET THROUGH AN EXCLUSIVE LICENSE WITH ALTRIA GROUP.  Full Article

Altria Says Philip Morris USA Plans To Have Retail Touchpoints, Mobile Retail Units For IQOS
Tuesday, 30 Apr 2019 01:56pm EDT 

April 30 (Reuters) - Altria Group Inc ::PM USA WILL TEST A RANGE OF MARKETING, SALES AND CONSUMER ENGAGEMENT APPROACHES TO "RAISE ADULT SMOKERS' AWARENESS" OF IQOS.PM USA PLANS TO HAVE RETAIL TOUCHPOINTS IN ATLANTA, MOBILE RETAIL UNITS, HEATSTICK DISTRIBUTION IN ABOUT 500 RETAIL TRADE PARTNER STORES.  Full Article

Altria Reports Adjusted Q1 Earnings Per Share Of $0.90
Thursday, 25 Apr 2019 07:00am EDT 

April 25 (Reuters) - Altria Group Inc ::ALTRIA REPORTS 2019 FIRST-QUARTER RESULTS; REAFFIRMS 2019 FULL-YEAR EARNINGS GUIDANCE.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $4.15 TO $4.27.REVISES ITS ESTIMATE FOR THE 2019 FULL-YEAR TOTAL DOMESTIC CIGARETTE INDUSTRY VOLUME DECLINE RATE TO A RANGE OF 4% TO 5%.QTRLY NET REVENUES $5,628 MILLION, DOWN 7.9 PERCENT.QTRLY REPORTED DILUTED EPS $0.60.QTRLY ADJUSTED DILUTED EPS $0.90.Q1 ADJUSTED DILUTED EPS DECLINED IN MID-SINGLE DIGIT RANGE FROM HIGHER INTEREST EXPENSE AS A RESULT OF RECENTLY ISSUED DEBT.2019 GUIDANCE REFLECTS, AMONG OTHER THINGS, INCREASED INTEREST EXPENSE FROM DEBT INCURRED TO FUND CRONOS AND JUUL TRANSACTIONS.ALTRIA - IN Q1, RECORDED PRE-TAX CHARGES OF $159 MILLION FOR COSTS ASSOCIATED WITH CRONOS AND JUUL TRANSACTIONS, COST REDUCTION PROGRAM.Q1 EARNINGS PER SHARE VIEW $0.92, REVENUE VIEW $4.59 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $4.19 -- REFINITIV IBES DATA.  Full Article

Altria Group Says Received A Request For Additional Information From U.S. FTC Relating To Its Investment In JUUL Labs
Monday, 8 Apr 2019 04:30pm EDT 

April 8 (Reuters) - Altria Group Inc ::ALTRIA PROVIDES UPDATE ON FTC REVIEW OF JUUL INVESTMENT.ALTRIA PROVIDES UPDATE ON FTC REVIEW OF JUUL INVESTMENT.ALTRIA GROUP INC - RECEIVED A REQUEST FOR ADDITIONAL INFORMATION FROM U.S. FTC RELATING TO ITS INVESTMENT IN JUUL LABS.ALTRIA GROUP INC - IS NOW SEEKING TO CONVERT ITS JUUL INTEREST TO VOTING SECURITIES PURSUANT TO TERMS OF ITS INVESTMENT.ALTRIA GROUP INC - JUUL WILL REMAIN FULLY INDEPENDENT..ALTRIA GROUP - FOLLOWING CONVERSION OF JUUL INTERESTS, CO EXPECTS TO ACCOUNT FOR INVESTMENT IN JUUL UNDER EQUITY METHOD OF ACCOUNTING.ALTRIA GROUP INC - FTC ISSUED SECOND REQUEST TO EXTEND WAITING PERIOD WHILE FTC CONDUCTS ITS REVIEW RELATED TO JUUL.ALTRIA GROUP INC - ALTRIA CONTINUES TO ANTICIPATE THAT CONVERSION OF ITS JUUL SHARES WILL OCCUR AS PLANNED.  Full Article

Altria Group Says Ratio Of CEO’S Annual Total Compensation To That Of Median Altria Employee For 2018 Was 95 To 1
Thursday, 4 Apr 2019 09:00am EDT 

April 4 (Reuters) - Altria Group Inc ::ALTRIA GROUP INC - FOR 2018, RATIO OF CEO’S ANNUAL TOTAL COMPENSATION TO THAT OF MEDIAN ALTRIA EMPLOYEE WAS 95 TO 1.ALTRIA GROUP INC - CEO HOWARD A. WILLARD III'S 2018 TOTAL COMPENSATION WAS $11.6 MILLION VERSUS $6.1 MILLION IN 2017.ALTRIA GROUP INC - CFO WILLIAM F. GIFFORD, JR.'S 2018 TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $5.3 MILLION IN 2017.  Full Article

Juul Labs Releases 1.5 Pct Nicotine Juulpods In Canada
Tuesday, 2 Apr 2019 09:00am EDT 

April 2 (Reuters) - Altria Group Inc ::JUUL LABS RELEASES 1.5 PERCENT NICOTINE JUULPODS IN CANADA TO PROVIDE COUNTRY'S FIVE MILLION SMOKERS WITH A THIRD NICOTINE-STRENGTH OPTION.JUUL LABS - JUUL LABS IS MAKING 1.5 PERCENT NICOTINE JUULPODS AVAILABLE ACROSS COUNTRY.JUUL LABS - JUULPODS CONTAINING FIVE AND THREE PERCENT NICOTINE BY WEIGHT ARE ALREADY AVAILABLE..  Full Article

Altria Declares Regular Quarterly Dividend Of $0.80 Per Common Share
Thursday, 28 Feb 2019 12:30pm EST 

Feb 28 (Reuters) - Altria Group Inc ::ALTRIA DECLARES REGULAR QUARTERLY DIVIDEND OF $0.80 PER COMMON SHARE.  Full Article

Altria Group Reaffirms FY 2019 Adj EPS View Of $4.15 To $4.27
Wednesday, 20 Feb 2019 08:00am EST 

Feb 20 (Reuters) - Altria Group Inc ::ALTRIA PRESENTS AT THE CONSUMER ANALYST GROUP OF NEW YORK CONFERENCE; REAFFIRMS FULL-YEAR 2019 EARNINGS GUIDANCE.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $4.15 TO $4.27.FY2019 EARNINGS PER SHARE VIEW $4.20 -- REFINITIV IBES DATA.ALTRIA EXPECTS ADJUSTED DILUTED EPS GROWTH TO COME IN THE LAST THREE QUARTERS OF 2019, WITH A MID-SINGLE DIGIT DECLINE IN Q1.  Full Article

BUZZ-Tobacco stocks slip on reports of San Francisco's move to ban e-cigarettes

** Tobacco shares fell on Wednesday after reports say that the city of San Francisco could become the first U.S. city to ban sales of e-cigarettes