Global tobacco giant Philip Morris International (PM) shocked the world a few years ago when it declared it would pursue a smoke-free future. After reporting fourth-quarter earnings, the haze is ...

Overall, the quarter highlighted Philip Morris's strategic shift towards smoke-free products, supporting a strong financial performance despite lingering reliance on traditional tobacco products.

Philip Morris International Inc.’s stock ... Street analyst expectations on strength in its smokeless-tobacco products. Philip Morris cited growth in Iqos, its inhalable smoke-free product ...

Philip Morris International is the world’s largest tobacco company by volume, with cigarette sales to roughly 170 countries. Despite such dominance, its goal is to completely replace its ...

While investors in the tobacco space have tended to be more focused on dividends over the years, Philip Morris International ...

The head of Philip Morris Korea cited scientific evidence on Wednesday in defense of the global tobacco company's ongoing efforts to shift from traditional cigarettes to electronic vaping products ...

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 posts Q4 revenue growth of 7.3% to ... up by 0.7pp versus the fourth quarter last year. Cigarette and Heated Tobacco unit (HTU) shipment volume in fourth-quarter grew by 1.9% Y ...

Philip Morris International issued a profit outlook topping Wall Street analyst expectations, sending shares of the tobacco-products company higher in premarket trading. Philip Morris said it ...

However, volatile currency movements have been a concern for the tobacco giant. Philip Morris’ third-quarter 2024 financial performance was affected by currency fluctuations, particularly with ...