Altria (NYSE: MO) isn't a household name in the consumer staples sector, but its main brand is probably one you know. Indeed, its Marlboro cigarette brand has a nearly 42% share of the U.S. cigarette ...
Philip Morris International (PM) is looking to sell its U.S. cigar business for over $1 billion, Bloomberg reported. This potential sale is ...
In 1924, after moving to the US, the company launched the most famous brand in its portfolio: Marlboro. By 1983 it was already the largest tobacco company in the world, a time when scientific ...
Philip Morris International Inc. is exploring a potential sale of its cigar business in the US, people familiar with the matter said, as the tobacco maker continues its shift toward smoke-free ...
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 ...
UPPER MARLBORO, MD / ACCESS Newswire / March 11, 2025 / From the fields of history to the forefront of the cigar industry, ...
Cigarette consumers tend to be very brand loyal, so the huge market share Altria enjoys with Marlboro is a big benefit over the competition. That said, Altria only operates in North America.