Philip Morris International

Philip Morris To Invest $232m To Expand ZYN Production At Kentucky Plant

Philip Morris International plans to invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet t...

Altria Tops Q1 Sales On Higher Pricing, Robust Demand For Smokeless Alternatives

Altria Group topped quarterly sales expectations, driven by higher pricing and rising demand for alternatives to conventional tobacco products.

Philip Morris Results Beat Estimates On Demand For Heated Tobacco Sticks

Philip Morris International surpassed market expectations for first-quarter profit and revenue, helped by robust demand for its heated tobacco product and...

Weak IQOS Shipments Drive Philip Morris' Q4 Disappointment

Philip Morris International missed estimates for fourth quarter profit and forecasts for 2024, with slowing sales of its flagship heated tobacco...

BAT Shores Up US Heated Tobacco Prospects As Competition Grows

British American Tobacco has submitted an application to market its Glo Hyper device as a reduced-risk product in the United States, its first movement in...

Philip Morris Names Navaneel Kar As Managing Director Of India Operations

Philip Morris International (PMI) has appointed Navaneel Kar as the managing director of its India operations, IPM India Wholesale Trading Private Limited...

Philip Morris Lifts Profit Forecast On Higher Pricing, ZYN Growth

Philip Morris International (PMI) has raised its annual profit forecast as third-quarter earnings beat expectations thanks to higher cigarette prices,...

Philip Morris Aims To Launch IQOS In Two US States In 2024

Philip Morris International said it plans to launch its flagship heated tobacco device IQOS in two US states in 2024 as it doubles down on its shift away f...