Philip Morris Considers $1B Sale of Cigar Business
Philip Morris Considers Selling US Cigar Business As It Pushes Towards Smoke-Free Products: Bloomberg
Philip Morris is considering selling its U.S. cigar business for over $1 billion as it shifts toward smoke-free products. The company aims for smoke-free sales to reach two-thirds of its revenue by 2030.
But Philip Morris has a steep hill to climb. Evidence from studies worldwide suggests that electronic cigarettes ... altogether at all IQOS stores, online and through the IQOS members club ...
Although Philip Morris still derives the vast bulk of its revenue from traditional cigarettes, here are the top three reasons this tobacco stock deserves a place in your portfolio. Although ...
KUALA LUMPUR: Tobacco company Philip Morris (M) Sdn Bhd has mapped out its business plan which will place more emphasis on its smoke-free products next year at a time when the tobacco industry is ...
Philip Morris manufactured cigarettes from 1983 to 2009 at its vast facility in Concord, just down the road from Charlotte Motor Speedway. The cigarette giant was one of Cabarrus County’s ...
Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish ...
(Reuters) -Cigarette giant Philip Morris International on Thursday forecast better-than-expected profit growth for 2025, with estimations for its fast-growing nicotine pouch brand ZYN also ahead ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback