Altria (MO) Smoke-Free Strength Aids Amid Low Cigarette Volumes

Altria Group, Inc. (MO) remains on a promising growth trajectory due to strategic pricing and a robust focus on smoke-free alternatives. These upsides bode well in the face of an intricate landscape shaped by evolving consumer preferences and macroeconomic uncertainties.Challenges AboardAltria has been witnessing a decline in its Smokeable Product segment revenues for the past few quarters now, which has been hurting the company’s overall top line. In the third quarter of 2023, Altria’s net revenues decreas ...