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Altria Soars! SHOCKING Earnings Surprise Signals Major Shift!
Altria Group Inc. (NYSE: MO) Announces EPIC 26% Stock Surge – What’s Their Secret?
In a mind-blowing turn of events, Altria Group’s shares skyrocketed over 1% this past Friday, adding to a jaw-dropping 26% climb over the last year! This tobacco titan is making waves after releasing fourth-quarter earnings that crushed all expectations!
Q4 Earnings WOW Factor Revealed!
Brace yourselves! Altria reported a colossal revenue of $5.9 billion in Q4 2024, holding steady despite intense challenges in its smokeable products sector. Even more jaw-dropping? Adjusted earnings per share soared over 9% to $1.29, leaving analysts stunned and cheering!
NJOY and on! Ignite Smoke-Free Revolution!
Hold on tight as Altria’s smoke-free division is on FIRE! Fueled by the red-hot demand for NJOY e-vapor products and on! nicotine pouches, shipment volumes exploded! NJOY cunningly ramped up consumables shipments over 15% YoY to a staggering 12.8 million units! And if that wasn’t enough, device shipments jumped over 22% to 1.1 million!
But there’s a sinister force lurking in the shadows… Altria revealed that a whopping 60% of the e-vapor market is STUFFED with illicit products! This rampant black market threatens to derail the company’s booming smoke-free success!
Oral Tobacco Takes the Spotlight!
In a thrilling twist, oral nicotine pouches surged as on! captured a record 9.6 share points in Q4, making up a jaw-dropping 45.7% of this category! With shipment volume skyrocketing over 44% YoY to almost 44 million cans, on! is making its mark! Meanwhile, revenues from oral tobacco products shot up 2.7% YoY to $692 million, thanks to savvy pricing strategies!
Cigarette Sales CRASH! What’s Going On?
But not all is rosy in Altria’s kingdom! The smokeable products segment is in decline, with revenues teetering at $5.26 billion—suffering slightly due to plunging cigarette shipment volumes. Domestic cigarette shipments plummeted 8.8%, while Marlboro saw its retail share dip by 1 point to 41.3%. The illicit market and consumer pressures are taking their toll!
What’s Next? Altria Looks Into The Future!
Eyes on the prize—Altria is projecting adjusted EPS for 2025 to rise between $5.22-$5.37! That’s a solid 2-5% growth from 2024! As they navigate these tumultuous waters, will Altria emerge victorious? Stay tuned as the drama unfolds!
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