Where Will Altria Be in 3 Years?
Altria(MO) The Motley Fool·2024-12-28 08:23
Altria (MO -0.42%) owns the Marlboro brand, which has a roughly 41% market share in North America. That's huge and highlights the company's dominance in this geographic region. But the downside here is that Altria is only operating in this single region. If history is any guide, Altria's cigarette business will continue to worsen over the next three years.Altria may have made a big mistakeA few years back, Altria spun off Philip Morris International as a separate company. Altria retained its North American ...