Latest Articles
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Which Is A Better Dividend Bet – Altria Or Philip Morris?
Tobacco giants – Altria (NYSE:MO) and Philip Morris International (NYSE:PM) – have been among the top dividend payers in the stock market, and share much of their history together. Until 2008, the two companies were one corporate en...
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What Is The State Of The Illicit Cigarette Market In The European Union?
Illicit cigarettes enter or are sold in a market in violation of certain rules and regulations, such as without payment of import duties, excise tax, or VAT. Such products can be genuine products manufactured by a official tobacco company and sol...
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How Will The Brexit Impact Philip Morris?
Global tobacco giant Philip Morris International (NYSE:PM) saw its stock decline 4.1% in the aftermath of the UK’s vote to leave the European Union. This was not only due to a general weakness in the overall market, but also as a result of...
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What Effect Will The Plain Packaging Ruling In Canada Have On Philip Morris?
Following in Australia’s footsteps, Canada will make plain packaging of cigarettes compulsory in order to cut down on the rate of smoking. While large graphic warning labels already exist on cigarette packs, Canadian Health Minister, Jane...
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What Effect Will A Tobacco Tax Hike Have In New Zealand?
In New Zealand’s annual budget, the government decided to continue with its annual tobacco tax hike by 10% till 2020. In a quest to be smokefree by 2025, defined as having smoking rates of less than 5%, the new plan will result in cigarette...
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Why Has Philip Morris’ Price Risen ~17% This Year Despite An Earnings Miss?
Philip Morris’ Q1 2016 earnings missed consensus estimates. Despite this, the stock price has risen almost 17% this year. However, a negative currency impact played a huge role in the declining top line and bottom line. If such impac...
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How Will Philip Morris Perform In 2016?
Have more questions on Philip Morris? See the links below: Why Has Philip Morris’ Price Risen ~17% This Year Despite An Earnings Miss? How Did The Market Share For Philip Morris Change in Q1 2016 In EU And Its Key Markets...
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How Did The Market Share For Philip Morris Change in Q1 2016 In EU And Its Key Markets, As Compared To Q1 2015?
Have more questions on Philip Morris? See the links below: How Did The Revenue And Operating Companies Income In Each Region Change In Q1 2016, As Compared To Q1 2015? Philip Morris Misses Q1 Revenue And EPS Estimates Will ...
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How Did Philip Morris’ Cigarette Shipment Volume Change In Q1 2016, As Compared To Q1 2015?
Philip Morris managed to increase its shipment volumes in three of its four markets. In Asia, the decline was primarily due to a 5.9% shipment decline in Indonesia, as a result of a weak economy and a price increase of 11% in the quarter. Decline...
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How Did Philip Morris’ Revenue And Operating Companies Income In Each Region Change In Q1 2016, As Compared To Q1 2015?
Have more questions on Philip Morris? See the links below: Philip Morris Misses Q1 Revenue And EPS Estimates Will Philip Morris Beat Expectations This Earnings Season? How Did Philip Morris Perform In The European Union, And Its ...
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What Is The Timeline With Regards To Philip Morris’ Reduced Risk Products (RRPs)?
Philip Morris uses the term Reduced Risk Products (RRPs) to refer to products with the “potential to reduce individual risk and population harm in comparison to smoking cigarettes.” The company has a number of products in various stag...
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Philip Morris Misses Q1 Revenue And EPS Estimates
On Tuesday, cigarette giant Philip Morris International (NYSE:PM) declared its first quarter results, which were well below analyst estimates. Reported revenues of $6.08 billion, missed estimates by over 4%. This was mainly due to a pricing var...
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Will Philip Morris Beat Expectations This Earnings Season?
Key Trends In The Quarter: 1) High Exposure To Foreign Currency Fluctuations As the company is U.S. based, deriving all its revenues from international sales, it is highly exposed to fluctuations in the Dollar. There was a fairly signific...
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How Did Philip Morris Perform In The European Union, And Its Key Markets There, In 2015?
Philip Morris’ cigarette shipment volume declined by 0.1%, mainly in Italy. The company’s market share increased by 0.1 percentage points to 38.3%, with notable gains in France, Germany, Poland, and Spain, largely offset by the Czech ...
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How Did Philip Morris Perform In Russia, Given The Currency Headwinds And Excise Tax Rise?
The decline of the estimated total cigarette market was mainly due to the unfavorable impact of excise tax-driven price increases and lower consumer purchasing power as a result of a weak economy. The decrease in Philip Morris’ cigarette...
