Philip Morris Beats Estimates on Surging Zyn Pouch Demand
Philip Morris International Inc. reported better-than expected profit, as sales of Zyn nicotine pouches rose more than 25% last year.The tobacco maker, which sells Marlboro cigarettes outside the US but is shifting toward smoke-free products,
Philip Morris forecasts upbeat 2025 profit as demand for ZYN nicotine pouches surges
(Reuters) -Cigarette maker Philip Morris International on Thursday forecast 2025 profit above estimates after recording better-than-expected quarterly results on the back of strong demand for its smoking alternatives such as ZYN nicotine pouches.
Philip Morris 4Q Revenue Tops Estimates as Zyn Demand Continues
Philip Morris International posted higher-than-expected revenue in its fourth quarter, signaling its Zyn nicotine pouches continue to power results higher. The tobacco company logged operating income of $3.26 billion compared with $2.89 billion. Analysts polled by FactSet expected $3.51 billion.
Philip Morris’s stock touches record high as outlook tops Wall Street estimates
Philip Morris International Inc.’s stock touched a record high on Thursday after the company issued a profit outlook that topped Wall Street analyst expectations on strength in its smokeless-tobacco products. Philip Morris cited growth in Iqos, its inhalable smoke-free product, as well as Zyn nicotine pouches, which won FDA authorization in 2024.
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Robert F. Kennedy Jr., Trump's nominee for health and human services secretary, appeared to place a nicotine pouch in his ...
Did RFK Jr. pop a Zyn during his confirmation hearing?
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Wall Street finishes mixed as strong fashion, tobacco stocks offset Ford’s drop
Wall Street drifted through a mixed day of trading as rising fashion and cigarette stocks worked against drops for Ford Motor ...
RFK Jr. Pops a Very Suspicious Pouch as He Rants About Making America Healthy Again
Robert F. Kennedy Jr. appeared to pop a highly addictive nicotine pouch beloved by many of his MAGA brethren during his ...
Philip Morris’ smoke-free products in focus during Q4 earnings
Philip Morris (NYSE:PM) is set to report fourth quarter earnings on Thursday, and investors’ focus will be on the global tobacco giant’s smoke-free products (SFPs) business as health-conscious ...