Altria expands sales of heated-cigarette as revenue slides

Marlboro-maker Altria said Tuesday that cigarette sales continued to decline in its last quarter as the company pushed to expand sales of an alternative heated-tobacco product. Revenue was pressured by lower sales of cigarette brands including Marlboro, Parliament and Virginia Slims. For 2020, Altria Group Inc. expects full-year earnings between $4.21 to $4.38 per share, representing growth ranging between 0% and 4%. …read more

Source:: Yahoo Finance

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