Altria Faces Q2 Setbacks: EPS Miss, Cigarette Sales Plunge, But Smoke-Free Innovations Shine
Altria Group Inc MO shares are trading lower after the company reported a 3% year-on-year decline in second-quarter FY24 revenues net of excise taxes to $5.28 billion, missing the analyst consensus estimate of $5.39 billion. The revenue decrease was …