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MO Jan 2025 65.000 put
| Previous close | 22.65 |
| Open | 22.65 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 65.00 |
| Expiry date | 2025-01-17 |
| Day's range | 22.65 - 22.65 |
| Contract range | N/A |
| Volume | |
| Open interest | 190 |
ReutersAltria tops first quarter sales on higher pricing, robust demand for smokeless alternatives
Like other tobacco giants, Altria has been revamping its portfolio of products to keep up with consumers switching from traditional tobacco products to vapes or other alternatives and as inflation-hit smokers switched to cheaper brands. The company's net revenue came in at $5.58 billion in the first quarter, topping analyst expectations of $4.71 billion, while profit on an adjusted basis came in line with expectations. Last year, Altria launched a lower-priced version of its flagship Marlboro brand and finalized its acquisition of e-cigarette startup NJOY Holdings, expanding its portfolio to include pod-based vapes.
Business WireAltria Reports 2024 First-Quarter Results; Reaffirms Full-Year Guidance
RICHMOND, Va., April 25, 2024--ALTRIA REPORTS 2024 FIRST-QUARTER RESULTS; REAFFIRMS FULL-YEAR GUIDANCE
ZacksShould You Buy Altria (MO) Ahead of Q1 Earnings Release?
Despite facing several challenges, we maintain our belief in Altria's (MO) strong fundamentals and its potential for growth.
