Altria Reports Q1 2023 Earnings: Net Revenue Down 2.9%

Apr.27.2023

Altria Reports Q1 2023 Earnings: Net Revenue Down 2.9%

Altria reports Q1 2023 net revenue of $5.719 billion, a 2.9% YoY decrease, with cigarette revenue at $5.09 billion.

Altria announced its first-quarter 2023 earnings during an online press conference held on April 27 at 9 a.m. EDT (9 p.m. Beijing time). For the first quarter of 2023, Altria reported a net operating revenue of $5.719 billion, which represents a 2.9% drop compared to the same period last year. Within this number, cigarette net revenue was $5.09 billion, down 3.5% year over year.

2FIRSTS will provide more detailed data after the telephone conference concludes. Stay tuned for updates.

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