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.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Wisconsin Vape Distributor Sues State Over New Fines for Unauthorized Products
Wisconsin Vape Distributor Sues State Over New Fines for Unauthorized Products
Wisconsin vape distributors are suing the state over a new law fining sales of FDA-unauthorized products, effective July 1, with $1,000 daily penalties for non-listed items from September. They argue it’s unconstitutional and threatens the industry. Similar laws exist in 14 states, though Iowa’s was halted. Experts urge balancing vaping’s quit-smoking potential with youth prevention as U.S. teen vaping rates decline.
Jul.11 by 2FIRSTS.ai
Penang, Malaysia, pushes forward with anti-smoking bill; 2,647 fines issued as of August
Penang, Malaysia, pushes forward with anti-smoking bill; 2,647 fines issued as of August
Some businesses in Penang, Malaysia have until September 30 to comply with the Public Health (Control of Tobacco Products) Regulations 2024.
Aug.08 by 2FIRSTS.ai
Haypp Expands U.S. Team, Appoints Senior Legal and Regulatory Executive
Haypp Expands U.S. Team, Appoints Senior Legal and Regulatory Executive
Swedish online retailer Haypp Group announces two key appointments: Issa Abuaita as U.S. Head of Legal, and Laura Leigh Oyler as U.S. Vice President of Regulatory Affairs.
Jul.08
Malaysian Health Minister: Push for Nationwide E-cigarette Ban Underway, Now in Multi-Department Evaluation Stage
Malaysian Health Minister: Push for Nationwide E-cigarette Ban Underway, Now in Multi-Department Evaluation Stage
Malaysian Health Minister Dzulkefly Ahmad announced the government is considering a nationwide e-cigarette ban. A special committee will assess the ban's impact, as some states have already imposed restrictions.
Jul.28 by 2FIRSTS.ai
Spain's Proposed E-cigarette and Nicotine Pouch Restrictions Spark EU Debate
Spain's Proposed E-cigarette and Nicotine Pouch Restrictions Spark EU Debate
Lead: Spain's proposed e-cigarette and nicotine pouch restrictions face strong opposition from seven EU countries and the European Commission.
Aug.21 by 2FIRSTS.ai
Over 65% of Nicotine Products in Russia Are Illicit; Officials Call for Total E-cigarette Ban
Over 65% of Nicotine Products in Russia Are Illicit; Officials Call for Total E-cigarette Ban
Illicit nicotine products make up 65.8% of Russia’s market, reaching up to 100% in small towns. About 30% of teens buy e-cigarettes online, raising concerns over access and rising risks. A 2024 tax hike halved legal producers. Experts urge lower taxes, stricter regulation, and stronger youth education.
Jul.30 by 2FIRSTS.ai