Welcome to our dedicated page for Philip Morris news (Ticker: PM), a resource for investors and traders seeking the latest updates and insights on Philip Morris stock.
Philip Morris International (PM) maintains a dynamic presence in global markets through strategic initiatives and product evolution. This news hub provides investors and industry observers with essential updates about the company's financial performance, reduced-risk product developments, and regulatory engagements.
Access timely press releases and curated analysis covering PM's quarterly earnings, market expansion strategies, and innovations in smoke-free alternatives like heatsticks and oral nicotine products. Our repository simplifies tracking of critical milestones including acquisition announcements, sustainability efforts, and leadership changes impacting this tobacco industry leader.
All content undergoes rigorous verification to ensure accuracy and relevance for stakeholders monitoring PM's transition toward reduced-risk portfolios. Bookmark this page for streamlined access to operational updates and strategic disclosures from one of the world's largest publicly traded tobacco enterprises.
Kaival Brands Innovations Group, Inc. (KAVL) reported its fiscal Q2 2022 results, revealing a revenue decline of approximately $15.7 million compared to the previous year. However, revenues rose by 11% from Q1 2022, attributed to a judicial stay on the FDA's marketing denial order for non-tobacco flavored BIDI® Sticks. An international licensing agreement with Philip Morris could enhance global distribution, potentially creating substantial revenue streams. The company incurred a net loss of approximately ($5.0) million, with gross profit at about $387,700.
The Board of Directors of Philip Morris International (NYSE: PM) has declared a quarterly dividend of
Philip Morris International Inc. (PM) Chief Financial Officer Emmanuel Babeau addressed investors at the Deutsche Bank Global Consumer Conference in Paris. He highlighted strong growth fundamentals for 2022, particularly from the IQOS brand, and forecasted improved core business performance in Q2. PMI's strategic acquisition of Swedish Match aims to accelerate its smoke-free future, complemented by the upcoming launch of the VEEBA disposable e-vapor product. PMI has invested over USD 9 billion in smoke-free innovations and has 12.7 million global users of IQOS as of March 2022.
Philip Morris International (NYSE: PM) will host a live webcast featuring CFO Emmanuel Babeau at the 2022 Deutsche Bank Global Consumer Conference on June 14, 2022, at 8:30 a.m. CEST (2:30 a.m. ET). The webcast stream can be accessed live and archived at www.pmi.com/2022deutschebank until July 13, 2022. PMI is committed to a smoke-free future, investing over USD 9 billion since 2008 in smoke-free products like IQOS, now available in 71 markets, with 12.7 million adults having stopped smoking using their products.
Zayo Group Holdings has appointed Lisa Hook to its board of directors. Hook, a former President and CEO of Neustar, brings extensive experience in cloud infrastructure, telecommunications, and digital marketing. During her eight years at Neustar, she held key leadership positions, including on its board since 2010. Currently, she serves on the boards of Fidelity National Information Services (FIS), Philip Morris International (PM), and Ritchie Brothers Holdings (RBA). Hook aims to enhance Zayo's growth in the rapidly evolving communication infrastructure landscape.
Philip Morris International (PM) will participate in the Goldman Sachs Global Staples Forum, with CFO Emmanuel Babeau addressing investors today at approximately 9:35 a.m. ET. The event will be available via live audio webcast, and an archived version can be accessed until 5:00 p.m. ET on June 15, 2022. PMI is shifting towards a smoke-free future, having invested over USD 9 billion in smoke-free product development since 2008, with its products now available in 71 markets. As of March 31, 2022, approximately 12.7 million adults have switched to its IQOS products, helping reduce cigarette sales.
Philip Morris International (PM) will host a live video webcast featuring CFO Emmanuel Babeau on May 17, 2022, at 9:35 a.m. ET, during the Goldman Sachs Global Staples Forum. Viewers can access the webcast at www.pmi.com/2022goldmansachs. An archived version will be available until June 15, 2022. PMI is committed to a smoke-free future and has invested over USD 9 billion since 2008 in developing smoke-free products, aiming to eliminate cigarette sales. As of March 31, 2022, around 12.7 million adults globally have switched to PMI's IQOS products.
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