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Philip Morris

191.06

+1.290.68%

Post-market: 191.060.00000.00%19:48 EDT

Volume:5.32M

Turnover:1.02B

Market Cap:297.41B

PE:27.49

High:194.82

Open:191.34

Low:190.56

Close:189.77

52wk High:207.76

52wk Low:142.11

Shares:1.56B

Float Shares:1.55B

Volume Ratio:1.37

T/O Rate:0.34%

Dividend:5.88

Dividend Rate:3.08%

EPS(TTM):6.95

EPS(LYR):7.26

ROE:-97.82%

ROA:14.59%

PB:-34.65

PE(LYR):26.32

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Overview Company News Filings

Consumer Tech (Sep 7-11): Apple Launches First Foldable iPhone, XPeng Commissioned IRON Humanoid Robot Production & More

Benzinga Earnings

Altria Group Inc. Stock Underperforms Thursday When Compared to Competitors Despite Daily Gains

Movement Alert｜Philip Morris Rises 3.02% in Regular Trading, Zyn Portfolio Expansion and Full-Year Guidance Upgrade Boost Sentiment

Philip Morris International Inc Stock (PM) Opened Up by 3.28% on Sep 10: What Investors Need To Know

Backed WSJ Intelligence Survey Flags Workplace AI Trust Gap, Cognitive Atrophy Risk

PRESS Digest -Wall Street Journal - September 10

Philip Morris Expands Zyn Nicotine Pouch Lineup, Adds More Pouches Per Can

Barclays Reaffirms Their Buy Rating on Philip Morris (PM)

Analysts Offer Insights on Consumer Goods Companies: Philip Morris (PM) and JBS (JBS)

Altria Group Inc. Stock Underperforms Tuesday When Compared to Competitors

Philip Morris Shares up 1.4% After Co Raises 2026 FY EPS Outlook for Currency Only

THOMSON REUTERS

GUIDANCE: (PM) Philip Morris Expects Q3 Adjusted EPS Range $2.29 to $2.34, vs. FactSet Est of $2.27

MT Newswires Live

Philip Morris - PMI Updates Q3 Adj Diluted EPS Forecast for Currency Only to $2.29-$2.34 - SEC Filing

THOMSON REUTERS

Philip Morris - PMI Forecasts 2026 Adj Diluted EPS of $8.35-$8.50, up 10.7%-12.7% Versus 2025 - SEC Filing

THOMSON REUTERS

Philip Morris Lifts 2026 Reported Diluted EPS View to USD 7.28-7.43 on Currency Impact

Philip Morris Outlook FY EPS USD 7.28-7.43

THOMSON REUTERS

Philip Morris International Participates in 2026 Barclays Global Consumer Conference; Raises 2026 Full-Year Diluted EPS Forecast for Currency Only

THOMSON REUTERS

Did PMI’s New Altria Manufacturing Deal Just Recast Philip Morris International's (PM) Investment Narrative?

Simply Wall St.

Altria Sues FDA over Tobacco Product Review System

Altria Says FDA's Review System is Unlawful, Asks Court to Compel FDA to Develop a New One

THOMSON REUTERS

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Group Inc. Stock Underperforms Thursday When Compared to Competitors Despite Daily Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2666385516","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666385516?lang=en_us&edition=fundamental","pubTime":"2026-09-11 04:39","pubTimestamp":1789072740,"startTime":"0","endTime":"0","summary":"DJ Altria Group Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily GainsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Altria Group Inc.  rallied 1.33% to $68.79 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index  falling 0.58% to 7,591.70 and Dow Jones Industrial Average  falling 0.60% to 52,064.10.The stock's rise snapped a five-day losing streak.Altria Group Inc. closed 10.73% short of its 52-week high of $77.06, which the company achieved on July 28th.The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Philip Morris International Inc.  rose 2.19% to $189.77, Universal Corp.  fell 0.15% to $45.33, and Mativ Holdings Inc.  fell 0.88% to $12.33.Trading volume  remained 2.0 million below its 50-day average volume of 8.5 M.Data source: Dow Jones Market Data, FactSet. Data compiled September 10, 2026","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FSTA","LU1228905540.USD","MATV","LU0314106906.USD","LU1043141123.HKD","LU0265550359.USD","PM","BK4090","LU1066051225.USD","LU0545562505.USD","LU0661504455.SGD","LU1066051811.HKD","MO","IE000M9KFDE8.USD","BK4075","LU1066051498.USD","BK4585","GB00B4QBRK32.GBP","XLP","LU0949170772.SGD","TRUO","SG9999001440.SGD","LU1914381329.SGD","LU0426417589.USD","LU0738911758.USD","UGE","LU0994945656.USD","SG9999011175.SGD","CGDG","GB00B4LPDJ14.GBP","SG9999003800.SGD","LU0690374615.EUR","LU2381873111.SGD","LU1116320901.HKD","LU1116320737.USD","LU1066053197.SGD","LU0690374961.EUR","HK0000819398.USD","LU1228905037.USD","BK4588","LU0426412945.USD","LU1121112475.USD","NICO","HK0000914686.HKD","LU0265550946.USD","BK4566","LU2404859741.USD","HK0000914660.USD","LU1043141396.HKD","UVV"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1125685563","title":"Movement Alert｜Philip Morris Rises 3.02% in Regular Trading, Zyn Portfolio Expansion and Full-Year Guidance Upgrade Boost Sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=1125685563","media":"Market Focus","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1125685563?lang=en_us&edition=fundamental","pubTime":"2026-09-10 21:48","pubTimestamp":1789048127,"startTime":"0","endTime":"0","summary":"On September 10, Philip Morris rose 3.02% in regular trading, trading at $191.61/share, with turnover of $92.96 million. The rally was driven by a combination of Zyn product line expansion and a...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Philip Morris Surges on Zyn Expansion and Raised EPS Guidance","news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666591565","title":"Philip Morris International Inc Stock (PM) Opened Up by 3.28% on Sep 10: What Investors Need To Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2666591565","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666591565?lang=en_us&edition=fundamental","pubTime":"2026-09-10 21:47","pubTimestamp":1789048045,"startTime":"0","endTime":"0","summary":"• Management raised full-year and third-quarter adjusted earnings per share guidance.\n• ZYN oral nicotine pouch growth drives smoke-free product momentum.\n• Annual revenue reached $40.65B with net profit totaling $11.32B.","market":"sh","thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20240112/fbbd9a6a05a391b8e690c8298ae65cf8.jpg","type":0,"news_type":0,"thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20240112/fbbd9a6a05a391b8e690c8298ae65cf8.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tradingkey.com/news/market-movers/262161172-market-movers-pm-20260910","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1506573853.SGD","PM","LU1066051498.USD","LU0690374961.EUR","LU1228905540.USD","FSTA","LU1043141123.HKD","LU0265550359.USD","LU1228905037.USD","LU1121112475.USD","LU0661504455.SGD","GB00B4QBRK32.GBP","LU0426412945.USD","LU2381873111.SGD","LU2404859667.USD","NICO","LU1116320737.USD","BK4585","LU0738911758.USD","LU1914381329.SGD","LU0426417589.USD","LU0314106906.USD","LU1116320901.HKD","BK4075","LU0545562505.USD","TRUO","HK0000914686.HKD","LU1043141396.HKD","LU1066051811.HKD","SG9999011175.SGD","BK4588","LU0690374615.EUR","LU0994945656.USD","SG9999003800.SGD","UGE","LU2404859741.USD","HK0000914660.USD","SG9999001440.SGD","LU1066051225.USD","BK4566","LU0265550946.USD","GB00B4LPDJ14.GBP","LU0949170772.SGD","IE000M9KFDE8.USD","XLP","CGDG","LU1066053197.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666256700","title":"Backed WSJ Intelligence Survey Flags Workplace AI Trust Gap, Cognitive Atrophy Risk","url":"https://stock-news.laohu8.com/highlight/detail?id=2666256700","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666256700?lang=en_us&edition=fundamental","pubTime":"2026-09-10 19:00","pubTimestamp":1789038056,"startTime":"0","endTime":"0","summary":"PMI-backed WSJ Intelligence survey flags workplace AI trust gap, cognitive atrophy riskPhilip Morris International-backed survey of 2,500 professionals flagged “cognitive atrophy” risks as AI use expa","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260910:nNDL94fFMQ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GB00B4LPDJ14.GBP","BK4075","LU0690374961.EUR","LU1914381329.SGD","LU0994945656.USD","XLP","PM","SG9999001440.SGD","LU1066051498.USD","LU1043141396.HKD","LU1066051811.HKD","FSTA","LU0426417589.USD","LU0738911758.USD","HK0000914686.HKD","LU0661504455.SGD","NICO","LU1116320737.USD","LU1121112475.USD","BK4585","GB00B4QBRK32.GBP","SG9999011175.SGD","LU1116320901.HKD","LU1066053197.SGD","LU0265550946.USD","TRUO","BK4566","LU0265550359.USD","LU1043141123.HKD","LU1066051225.USD","UGE","CGDG","LU1506573853.SGD","LU1228905037.USD","LU2404859667.USD","HK0000914660.USD","BK4588","LU1228905540.USD","IE000M9KFDE8.USD","LU0314106906.USD","SG9999003800.SGD","LU0426412945.USD","LU2404859741.USD","LU0545562505.USD","LU2381873111.SGD","LU0949170772.SGD","LU0690374615.EUR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666552756","title":"PRESS Digest -Wall Street Journal - September 10","url":"https://stock-news.laohu8.com/highlight/detail?id=2666552756","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666552756?lang=en_us&edition=fundamental","pubTime":"2026-09-10 12:47","pubTimestamp":1789015626,"startTime":"0","endTime":"0","summary":"PRESS DIGEST -Wall Street Journal - September 10Sept 10 (Reuters)-The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accu","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260910:nL4N4520BF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1116320901.HKD","F","LU1121112475.USD","TPZ","TRUO","LU1228905540.USD","LU1043141396.HKD","LU2404859741.USD","SG9999001440.SGD","FSTA","FRDD","LU0265550359.USD","PM","LU1066053197.SGD","LU2404859667.USD","UGE","LU1066051225.USD","XLP","UMI","BK4516","CGDG","ENFR","BK4075","AMZA","MDST","LU0545562505.USD","MLPA","USAI","IE000M9KFDE8.USD","LU0949170772.SGD","AMLP","BK4144","LU0426417589.USD","ET","EMLP","TNGY","GB00B4LPDJ14.GBP","LU1066051498.USD","BK4566","BK4581","SG9999011175.SGD","EIPI","EIPX","HK0000914660.USD","LU0738911758.USD","LU0690374615.EUR","FRDU","LU0994945656.USD","NICO","LU1043141123.HKD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666558317","title":"Philip Morris Expands Zyn Nicotine Pouch Lineup, Adds More Pouches Per Can","url":"https://stock-news.laohu8.com/highlight/detail?id=2666558317","media":"Dow Jones","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666558317?lang=en_us&edition=fundamental","pubTime":"2026-09-10 05:17","pubTimestamp":1788988620,"startTime":"0","endTime":"0","summary":"Philip Morris International is beefing up its lineup of Zyn nicotine pouches -- and the number of patches in a single can.The company said Wednesday that it is beginning to sell its flagship Zyn dry pouches in 1.5mg and 8mg strengths, adding to existing offerings at 3mg and 6mg strengths. It is also launching Zyn Ultra, a pouch with a higher moisture content than the flagship product, at 9mg and 11mg strengths.PMI also said that it will transition to having 20 pouches per can for its 3mg and 6mg products during the fourth quarter, up from the 15 pouches in a typical can.\"Together, these products recognize that preferences are not one-size-fits-all: Legal-age adults looking to switch from cigarettes or other nicotine products should be provided with options, including a range of different nicotine levels, flavor profiles, and formats,\" the company said.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0738911758.USD","LU1066053197.SGD","LU0994945656.USD","FSTA","LU1116320737.USD","XLP","LU2404859667.USD","LU1066051498.USD","UGE","LU1066051811.HKD","LU0265550946.USD","NICO","LU0265550359.USD","LU0690374961.EUR","LU2381873111.SGD","LOHA","LU1043141123.HKD","HK0000914686.HKD","TRUO","LU1116320901.HKD","BK4585","LU0314106906.USD","HK0000914660.USD","LU0690374615.EUR","BK4588","LU1506573853.SGD","SG9999011175.SGD","LU1121112475.USD","IE000M9KFDE8.USD","LU2404859741.USD","LU0661504455.SGD","LU1043141396.HKD","PM","LU1066051225.USD","LU1228905037.USD","CGDG","SG9999001440.SGD","BK4566","GB00B4QBRK32.GBP","GB00B4LPDJ14.GBP","SG9999003800.SGD","LU0949170772.SGD","LU1228905540.USD","LU0426417589.USD","LU0545562505.USD","LU1914381329.SGD","BK4075","LU0426412945.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666635581","title":"Barclays Reaffirms Their Buy Rating on Philip Morris (PM)","url":"https://stock-news.laohu8.com/highlight/detail?id=2666635581","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666635581?lang=en_us&edition=fundamental","pubTime":"2026-09-09 17:36","pubTimestamp":1788946581,"startTime":"0","endTime":"0","summary":"Barclays analyst Pallav Mittal maintained a Buy rating on Philip Morris today and set a price target of $225.00. According to TipRanks, Mittal is r...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/barclays-reaffirms-their-buy-rating-on-philip-morris-pm-blurbs-news-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/barclays-reaffirms-their-buy-rating-on-philip-morris-pm-blurbs-news-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PM","LOHA"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666558165","title":"Analysts Offer Insights on Consumer Goods Companies: Philip Morris (PM) and JBS (JBS)","url":"https://stock-news.laohu8.com/highlight/detail?id=2666558165","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666558165?lang=en_us&edition=fundamental","pubTime":"2026-09-09 17:30","pubTimestamp":1788946246,"startTime":"0","endTime":"0","summary":"There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Philip Morris (PM) and JBS (JBS) with bullish se...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-consumer-goods-companies-philip-morris-pm-and-jbs-jbs-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-consumer-goods-companies-philip-morris-pm-and-jbs-jbs-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0661504455.SGD","LU0265550946.USD","BK4566","LU0738911758.USD","LU2404859741.USD","LU0314106906.USD","LU1121112475.USD","LU2404859667.USD","UGE","JBS","GB00B4QBRK32.GBP","BK4075","FSTA","BK4588","LU1228905037.USD","SG9999003800.SGD","PM","BK4585","LU0690374615.EUR","LU1066053197.SGD","LU1506573853.SGD","LU1066051225.USD","SG9999001440.SGD","LU0949170772.SGD","LU0265550359.USD","IE000M9KFDE8.USD","CGDG","LU1116320737.USD","LU1043141123.HKD","LU2381873111.SGD","SG9999011175.SGD","LU1066051811.HKD","TRUO","LU1043141396.HKD","LU0426417589.USD","HK0000914660.USD","LU1116320901.HKD","LOHA","LU1914381329.SGD","NICO","LU0994945656.USD","LU1066051498.USD","BK4212","LU0545562505.USD","GB00B4LPDJ14.GBP","LU1228905540.USD","LU0690374961.EUR","XLP","HK0000914686.HKD","LU0426412945.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2666377240","title":"Altria Group Inc. Stock Underperforms Tuesday When Compared to Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2666377240","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666377240?lang=en_us&edition=fundamental","pubTime":"2026-09-09 04:38","pubTimestamp":1788899880,"startTime":"0","endTime":"0","summary":"DJ Altria Group Inc. Stock Underperforms Tuesday When Compared To CompetitorsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Altria Group Inc.  slipped 1.03% to $68.17 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index  falling 0.58% to 7,673.52 and Dow Jones Industrial Average  falling 1.18% to 52,786.07.This was the stock's fourth consecutive day of losses.Altria Group Inc. closed 11.54% short of its 52-week high of $77.06, which the company achieved on July 28th.The stock underperformed when compared to some of its competitors Tuesday, as Philip Morris International Inc.  rose 1.21% to $184.73, Universal Corp.  rose 0.18% to $45.69, and Mativ Holdings Inc.  fell 0.79% to $12.56.Trading volume  eclipsed its 50-day average volume of 8.6 M.Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 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(PM) Philip Morris Expects Q3 Adjusted EPS Range $2.29 to $2.34, vs. FactSet Est of $2.27","url":"https://stock-news.laohu8.com/highlight/detail?id=2665327234","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2665327234?lang=en_us&edition=fundamental","pubTime":"2026-09-08 19:43","pubTimestamp":1788867801,"startTime":"0","endTime":"0","summary":"GUIDANCE: (PM) Philip Morris Expects Q3 Adjusted EPS Range $2.29 to $2.34, vs. FactSet Est of 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Morris Lifts 2026 Reported Diluted EPS View to USD 7.28-7.43 on Currency Impact","url":"https://stock-news.laohu8.com/highlight/detail?id=2665914327","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2665914327?lang=en_us&edition=fundamental","pubTime":"2026-09-08 19:33","pubTimestamp":1788867193,"startTime":"0","endTime":"0","summary":"Philip Morris lifts 2026 reported diluted EPS view to USD 7.28-7.43 on currency impactPhilip Morris raised its 2026 reported diluted EPS forecast to USD 7.28-7.43, reflecting currency only; other 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PMI’s New Altria Manufacturing Deal Just Recast Philip Morris International's (PM) Investment Narrative?","url":"https://stock-news.laohu8.com/highlight/detail?id=2664841657","media":"Simply Wall St.","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664841657?lang=en_us&edition=fundamental","pubTime":"2026-09-03 02:21","pubTimestamp":1788373275,"startTime":"0","endTime":"0","summary":"In August 2026, Philip Morris International announced that its non‑U.S. affiliates had entered a contract manufacturing arrangement with Altria’s Philip Morris USA to produce combustible cigarettes for non‑U.S. markets, with first shipments targeted for early 2027 and no expected material impact on 2026 financials.\nThe agreement allows both companies to pool manufacturing expertise in combustibles while PMI keeps its focus on expanding higher-margin, smoke-free products and does not 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Sues FDA over Tobacco Product Review System","url":"https://stock-news.laohu8.com/highlight/detail?id=2664279812","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664279812?lang=en_us&edition=fundamental","pubTime":"2026-09-02 21:50","pubTimestamp":1788357005,"startTime":"0","endTime":"0","summary":"UPDATE 4-Altria sues FDA over tobacco product review systemLONDON/NEW YORK, Sept 2 -Marlboro-maker AltriaMO.Non Wednesday sued the U.S. Food and Drug Administration, seeking to force the agency to overhaul a product review process that tobacco companies say has stifled their growth in the key U.S. market, a legal filing showed.Under U.S. law, the FDA must review new tobacco products before they can be sold, assessing whether they provide a net public health benefit, such as helping smokers quit, without creating significant risk of new addiction among young people.But the system has been plagued by a huge backlog of applications and abooming illegal marketof products sold without FDA authorization.A total overhaul of the FDA system would be a \"big positive\" for tobacco companies, Owen Bennett, analyst at BTIG, said, adding the lawsuit would likely spur more voluntary changes either way.Altria's lawsuit marks the latest industry challenge to a regime that has become one of the biggest 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