 Wysłany: Pią 10:51, 28 Sty 2011 Temat postu: Marlboro Cigarettes Preview |
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| Marlboro Cigarettes Preview
(www.olymall.com) Altria Fourth-Quarter Adjusted Earnings 44 Cents-Share; Estimate 44 Cents Altria Group Inc.,newport cigarettes with stamp, the largest U.S. tobacco company,newport 100's cigarettes, said fourth-quarter profit increased 27 percent, helped by higher prices for Marlboro cigarettes and snuff sales. Net income rose to $919 million, or 44 cents a share,newport 100s cigarettes, from $725 million,Cheap Newports, or 35 cents,marlboro cigarette, a year earlier, the Richmond,marlboro golds, Virginia-based maker of Copenhagen snuff said today. That matched the average of eight estimates in a Bloomberg survey.(www.olymall.com) Altria raised prices for cigarettes twice in the past year,marlboro red cigarettes, countering a 7 percent decline in shipments in the quarter. Altria,Cheap newport, which became the largest smokeless tobacco company in 2009 with Chief Executive Officer Michael Szymanczyk??s acquisition of UST Inc.,Camel cigarettes, also benefited from increasing demand for snuff. (www.olymall.com) Altria fell 3 cents to $24.26 yesterday in New York Stock Exchange composite trading. The stock has declined 1.4 percent this year, after advancing 25 percent in 2010. Altria Group Inc., owner of the biggest U.S. cigarette maker(www.olymall.com) Philip Morris USA reports its fourth-quarter and full-year results before the stock market opens Thursday. WHAT TO WATCH FOR: Whether the top-selling Marlboro brand continues to gain market share. Marlboro has gained market share as the number of cigarettes sold has declined industrywide in the face of recent tax increases, smoking bans and rising health concerns and social stigma. The company said Marlboro accounted for 42.6 percent of cigarettes sold in the U.S. in the third quarter. Richmond-based Altria's other brands,newport 100s, including Virginia Slims, Parliament and Basic, lost market share. Altria faces competition from other companies' less expensive brands (www.olymall.com) like Pall Mall from Reynolds American Inc. and Maverick from Lorillard Inc. Even so,marlboro lights cigarettes, Altria has raised prices on some brands and maintained its profit per pack. The company continues to work on cutting general and manufacturing costs by $1.5 billion compared with 2006. Analysts also will be looking to see how Altria's Black & Mild cigars and Copenhagen and Skoal smokeless tobacco products,newport cigarettes, as well as Marlboro Snus, perform. Its smokeless products have seen gains in recent quarters, while its cigar business saw volumes and market share dip in the latest period. Altria and other tobacco companies are looking to cigarette alternatives such as cigars, snuff and chewing tobacco for growth.(www.olymall.com) WHY IT MATTERS: Increased spending on premium brands like Marlboro could signal consumers are adjusting to higher prices on cigarettes following a federal and state tax increases. Consumer spending continues to be critical to a strong rebound from the worst economic downturn since the Great Depression. WHAT'S EXPECTED: Analysts expect Altria to earn 45 cents per share on sales of $4.22 billion, according to FactSet. Analysts typically exclude one-time items from their earnings estimates.(www.olymall.com) Related Source： Newport Cigarettes |
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