Philip Morris raised full-year profit guidance after crushing Q2 estimates, with smoke-free revenue surging 14.2% on IQOS momentum and FDA approval for 20 ZYN nicotine pouch variants fueling a fifth straight quarter of EPS beats.
Philip Morris International :
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Stock Data
$192.74
$0.24 (0.12%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
TOBACCO
Philip Morris International Inc. is a leading tobacco company, known for its commitment to a smoke-free future. With a history dating back to 1987 and headquartered in Stamford, Connecticut, it focuses on reducing the impact of smoking by offering a range of smoke-free products. Its portfolio includes popular brands like IQOS and ZYN, featuring heat-not-burn, vapor, and oral nicotine products, alongside traditional cigarettes. Additionally, Philip Morris is expanding into wellness and healthcare, aiming to diversify its offerings beyond tobacco and nicotine.
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