Global Finance News
18 Feb 2026, 23:16
Altria Group (NYSE: MO) presented at the Consumer Analyst Group of New York (CAGNY) Conference and reaffirmed its 2026 full-year earnings guidance, highlighting its strategy to expand in smoke-free products and strengthen its position in the U.S. nicotine market.
CEO Billy Gifford and CFO Sal Mancuso outlined Altria’s efforts to build a diversified portfolio focused on smoke-free opportunities while evolving its operational capabilities to support long-term growth.
For 2026, Altria reaffirmed adjusted diluted earnings per share (EPS) guidance of $5.56 to $5.72, representing growth of 2.5% to 5.5% from a 2025 base of $5.42. Earnings growth is expected to be weighted toward the second half of the year, driven by a projected increase in cigarette import and export activity.
The guidance assumes planned investments in contract manufacturing, limited impact from illicit product enforcement on combustible and e-vapor volumes, and that NJOY ACE does not return to the market in 2026. It also incorporates continued investment in smoke-free product development, regulatory preparation, and marketplace initiatives, partially offset by cost savings from the company’s Optimize & Accelerate program.
The adjusted EPS outlook excludes certain non-recurring or non-operational items, such as restructuring charges, asset impairments, acquisition-related costs, and specific litigation or tax items.
Source: Business Wire
CEO Billy Gifford and CFO Sal Mancuso outlined Altria’s efforts to build a diversified portfolio focused on smoke-free opportunities while evolving its operational capabilities to support long-term growth.
For 2026, Altria reaffirmed adjusted diluted earnings per share (EPS) guidance of $5.56 to $5.72, representing growth of 2.5% to 5.5% from a 2025 base of $5.42. Earnings growth is expected to be weighted toward the second half of the year, driven by a projected increase in cigarette import and export activity.
The guidance assumes planned investments in contract manufacturing, limited impact from illicit product enforcement on combustible and e-vapor volumes, and that NJOY ACE does not return to the market in 2026. It also incorporates continued investment in smoke-free product development, regulatory preparation, and marketplace initiatives, partially offset by cost savings from the company’s Optimize & Accelerate program.
The adjusted EPS outlook excludes certain non-recurring or non-operational items, such as restructuring charges, asset impairments, acquisition-related costs, and specific litigation or tax items.
Source: Business Wire