Fewer people smoking has led to US cigarette maker Altria continuing to see a decrease in revenue over the third quarter of 2022, partially offset by higher net revenues in the oral tobacco products segment.
The Big Tobacco company attributed the drop to the sale of the group’s wine business in October 2021 as well as lower net revenues in the smokable segment.
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“ Altria Q3 results: net revenue falls though revenues up in oral tobacco products ”
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“ Altria Q3 results: net revenue falls though revenues up in oral tobacco products ”
Fewer people smoking has led to US cigarette maker Altria continuing to see a decrease in revenue over the third quarter of 2022, partially offset by higher net revenues in the oral tobacco products segment.
The Big Tobacco company attributed the drop to the sale of the group’s wine business in October 2021 as well as lower net revenues in the smokable segment.
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