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FDA approves sales of Juul's e-cigarettes in the US
Proactiveinvestors NA· 2025-07-17 16:11
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Gear Up for Philip Morris (PM) Q2 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-07-17 14:15
Core Viewpoint - Philip Morris is expected to report quarterly earnings of $1.85 per share, reflecting a 16.4% increase year-over-year, with revenues projected at $10.25 billion, an 8.3% increase from the previous year [1]. Earnings Projections - Analysts have revised the consensus EPS estimate 0.5% higher over the last 30 days, indicating a collective reevaluation of initial estimates [1][2]. Revenue Estimates - The estimated 'Net Revenues- Smoke-Free Excl. W&H- Total' is projected at $4.23 billion, showing a year-over-year change of +19.7% [4]. - 'Net Revenues- Combustible Tobacco- Total' is expected to reach $6.08 billion, indicating a +3.8% change from the prior-year quarter [4]. - 'Net Revenues by Geography- EA, AU & PMI DF' is forecasted at $1.77 billion, reflecting a +6.1% year-over-year change [5]. - 'Net Revenues by Geography- Europe' is anticipated to be $4.26 billion, with an +11.8% change from the previous year [5]. - 'Net Revenues by Geography- SSEA, CIS & MEA' is estimated at $2.93 billion, indicating a +5.9% change [5]. - 'Net Revenues by Geography- Americas' is projected to reach $1.33 billion, reflecting a +17.8% change from the prior-year quarter [6]. Shipment Volume Estimates - 'Shipment Volume - Cigarettes and HTUs - Total' is expected to be 195.25 billion, compared to 193.16 billion in the same quarter last year [6]. - 'Shipment Volume - EA, AU & PMI DF - Total' is projected at 27.10 billion, slightly down from 27.35 billion year-over-year [7]. - 'Shipment Volume - SSEA, CIS & MEA - Total' is expected to be 95.56 billion, compared to 94.33 billion in the same quarter last year [7]. - 'Shipment Volume - Americas - Total' is forecasted to reach 16.46 billion, up from 15.09 billion in the same quarter last year [8]. - 'Shipment Volume - Cigarettes and HTUs - Heated Tobacco Units' is projected at 38.37 billion, compared to 35.54 billion in the same quarter last year [8]. - 'Shipment Volume - Americas - Cigarettes' is expected to be 14.59 billion, slightly down from 14.89 billion year-over-year [9]. Market Performance - Philip Morris shares have shown a return of +0.4% over the past month, while the Zacks S&P 500 composite has changed by +4.2% [10].
X @Bloomberg
Bloomberg· 2025-07-17 14:06
Government Policy & Revenue - Egypt amends VAT on cigarettes and alcoholic drinks [1] - Egypt introduces a levy on crude oil [1] - The amendments and levy aim to boost revenue [1] Economic Context - The measures are part of IMF-backed reforms [1]
VLN Commercial Launches Confirm Viability of the FDA’s Proposed Reduced Nicotine Mandate
Globenewswire· 2025-07-16 21:18
Multiple Tobacco Brands Partnering with 22nd Century to Expand Availability and Awareness of VLN Based Reduced Nicotine Content Products Manufactured in the USA, VLN Products from 22nd Century Provide Clinically Proven Solution to Reduce the Rate and Harms of Smoking MOCKSVILLE, N.C., July 16, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), the only tobacco products company that has for 27 years led and continues to lead the fight against the harms of smoking driven by nicotine addiction ...
VLN Commercial Launches Confirm Viability of the FDA's Proposed Reduced Nicotine Mandate
GlobeNewswire News Room· 2025-07-16 21:18
Core Insights - 22nd Century Group is expanding the availability of its VLN® reduced nicotine content products through partnerships with multiple tobacco brands, aiming to reduce smoking rates and related health harms [1][2][3] - The FDA's proposed Tobacco Product Standard for nicotine yield, which sets a maximum nicotine content of 0.7 mg per gram of tobacco, is driving interest in VLN products, which average 0.5 mg per gram [3][4][5] - The implementation of the FDA's proposal could prevent approximately 48 million youth and young adults from starting to smoke by the year 2100 [4][6] Company Overview - 22nd Century Group is recognized as a pioneering company in nicotine harm reduction, providing smokers with options to control their nicotine consumption [7][8] - The VLN® cigarette is designed to offer a familiar alternative for traditional smokers, containing 95% less nicotine than conventional cigarettes [8][9] - The company holds a comprehensive patent portfolio that ensures it has the only low nicotine combustible cigarette in the U.S. and critical international markets [9]
Turning Point Brands (TPB) Soars 5.1%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-16 10:26
Turning Point Brands (TPB) shares soared 5.1% in the last trading session to close at $78.39. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1.4% loss over the past four weeks.Turning Point Brands shares are gaining on optimism surrounding growth in the modern oral segment, supported by expanding nicotine pouch sales and increasing market penetration. The company’s focus on brand building, retail partnerships, and operational en ...
British American Tobacco: New Categories Point To More Upside
Seeking Alpha· 2025-07-16 05:20
Group 1 - Sensor Unlimited is part of the investing group Envision Early Retirement, which focuses on generating high income and growth through dynamic asset allocation [2] - The group offers two model portfolios: one for short-term survival and withdrawal, and another for aggressive long-term growth [2] - Monthly updates on holdings, tax discussions, and ticker critiques are provided to members [2] Group 2 - Sensor Unlimited has a PhD in financial economics and has spent the last decade covering the mortgage market, commercial market, and banking industry [3] - The focus areas include asset allocation and ETFs related to the overall market, bonds, banking and financial sectors, and housing markets [3]
Are Consumer Staples Stocks Lagging Altria Group (MO) This Year?
ZACKS· 2025-07-14 14:42
Group 1 - Altria is part of the Consumer Staples sector, which includes 178 individual stocks and has a Zacks Sector Rank of 14, indicating its relative strength among sectors [2] - Altria currently holds a Zacks Rank of 2 (Buy), with a 0.9% increase in the Zacks Consensus Estimate for its full-year earnings over the past 90 days, reflecting improving analyst sentiment [3] - Year-to-date, Altria has returned 10.5%, outperforming the average gain of 5% for Consumer Staples stocks [4] Group 2 - Altria belongs to the Tobacco industry, which consists of 7 individual stocks and is ranked 65 in the Zacks Industry Rank, with an average year-to-date gain of 39.3%, indicating that Altria is slightly underperforming its industry [5] - In comparison, Carlsberg AS, another stock in the Consumer Staples sector, has achieved a year-to-date return of 48.8% and has a Zacks Rank of 2 (Buy) [4][5] - The Beverages - Alcohol industry, where Carlsberg AS is categorized, has 15 stocks and is ranked 146, with a year-to-date increase of 2.1% [6]
Build Your Dividend Dream: 3 High-Yield Stocks to Buy Now
The Motley Fool· 2025-07-14 09:39
No, investors are all over British American Tobacco because of its growth in new nicotine categories such as vaping, nicotine pouches, and heat-not-burn cigarettes. Nicotine pouches are on fire at the moment, a category that is seeing rapid global adoption. The company's Velo brand has an estimated 30% market share of nicotine pouches globally in its key markets, with United States revenue growing in the triple digits at the moment and hitting an estimated 12% market share in the country. As investors have ...
Best Stock to Buy Right Now: Constellation Brands vs. Altria
The Motley Fool· 2025-07-12 08:25
Core Viewpoint - Constellation Brands and Altria are both considered stable blue chip stocks, but Altria has outperformed Constellation significantly over the past three years, raising questions about future investment potential [1][2]. Constellation Brands - Constellation Brands generates most of its revenue from its beer business, with popular brands like Modelo and Corona, and a smaller portion from wine and spirits [4]. - The company faces three major challenges: declining beer consumption among younger consumers, decreasing sales of lower-end wines, and increased costs due to tariffs on imported Mexican beers [5][6]. - Analysts expect Constellation's revenue to decline from $10.2 billion in 2024 to $9.9 billion in 2027, while its earnings per share (EPS) is projected to grow at a compound annual growth rate (CAGR) of 7% [8]. - Despite a low valuation at 14 times forward earnings and a forward yield of 2.5%, the lack of near-term catalysts makes it an unappealing investment [9]. Altria - Altria primarily generates revenue from its Marlboro cigarettes and has a strong domestic focus, which protects it from tariffs and foreign-exchange issues [10][11]. - The company has been countering declining smoking rates by raising cigarette prices, cutting costs, and expanding its smokeless product portfolio through investments and acquisitions [12]. - Following a setback with its investment in Juul, Altria acquired Njoy for $2.8 billion in 2023, which is expected to boost EPS starting in 2026 [13]. - Analysts predict Altria's revenue will dip slightly from $20.4 billion in 2024 to $20.2 billion in 2027, but its EPS is expected to grow at a steady CAGR of 5% from 2025 to 2027 [14][15]. - Altria's stock is considered cheap at 12 times forward earnings, with a substantial forward yield of nearly 7%, making it a more stable investment compared to Constellation [15]. Investment Recommendation - Altria is viewed as the better investment option due to its more stable business model, larger dividend, and lower valuation multiple compared to Constellation Brands [16].