Will Brexit Vote Impact Philip Morris’s European Union 2Q16 Results?
After the Brexit referendum, Philip Morris’s risk exposure increased compared to other tobacco companies.
Reynolds American’s American Snuff: Higher Pricing for 1Q16
Reynolds American’s (RAI) 1Q16 revenue for the American Snuff Co. increased by 7.5% to $0.22 billion compared to $0.20 billion in 1Q15. The increase was primarily due to higher pricing.
Reynolds American: Reported Earnings Up by 591.7% in 1Q16
Reynolds American (RAI) released its 1Q16 earnings on April 26, 2016. The company’s adjusted diluted earnings per share rose by 16.3% to $0.50 per share in 1Q16.
Reynolds American’s Stock Price Has Risen by 9.8% Year-to-Date
During 1Q16, Reynolds American’s board approved an increase of 16.7% in its quarterly cash dividend to $0.42 per share, or an annualized $1.68.
RAI’s Awareness Campaign for Its Natural American Spirit Brand
Reynolds American’s (RAI) Santa Fe Natural Tobacco Company’s Natural American Spirit brand aligns with consumers seeking authentic products. The company notes that Natural American Spirit brand is made of natural, additive-free tobacco.
Reynolds American: Demography of Adult Tobacco Consumers in the US
Reynolds American (RAI) expects cigarette volumes to be down, closer to the -2% range for the year. RAI noted that consumers are moving into premium brands at the expense of value or discount brands in the US.
MJFOX: What Changes Did the Fund Make in 2016?
Industrials and the two consumer-focused sectors—consumer discretionary and consumer staples—form the backbone of MJFOX. These three combine to form 56% of the portfolio.
Near Flawless Stock Picks: Smart Moves for HJPNX in 2016
The industrials sector was the star performer, which helped HJPNX post a stellar performance in the first four months of 2016.
How Did Altria’s Smokeless Products Segment Perform in 1Q16?
Altria Group’s (MO) smokeless tobacco product segment’s net revenue rose 11.4% in 1Q16 to $0.5 billion versus $0.4 billion in 1Q15.
Philip Morris’s 1Q16 Shipment Volume Declined in Russia
PM’s increase in revenue on a constant currency basis was primarily due to favorable pricing of $0.1 billion, driven by Russia and Turkey, and partially offset by Ukraine.
What Could Philip Morris’s 1Q16 Results Do to Its High Valuation?
As of April 6, Philip Morris and Altria were trading at higher valuations relative to the S&P 500 Index and the Dow Jones Industrial Average.
Can Innovative Products Help Tobacco Companies?
The mounting increase in health consciousness poses a growing threat to the tobacco industry. Companies are investing heavily in innovative products.
PM Is Increasing Prices in Russia due to the Weakening Ruble
PM’s rise in revenue in Eastern Europe, the Middle East, and Africa was primarily due to favorable pricing driven by Russia, Turkey, and the Ukraine.
Acquisitions are Increasing the Tobacco Industry’s Concentration
The tobacco industry’s concentration increased further after Reynolds American (RAI) completed its acquisition of Lorillard and related divestitures to Imperial Tobacco.
Reynolds American’s Stock Price Falls after 3Q15 Earnings
Reynolds American’s stock price fell after it released earnings. The stock price fell 2.3% to $48.35 on October 27, 2015, after the results were released.
Reynolds American’s 3Q15 American Snuff Company Results
Reynolds American’s 3Q15 revenue for the American Snuff Company rose ~4% to $0.22 billion in 3Q15 compared to $0.20 billion in 3Q14.
Philip Morris’s 3Q15 Market Valuation and the S&P 500 Index
As of October 16, Philip Morris is trading at a higher valuation than the S&P 500 and the Dow Jones Industrial, with a 18.6x forward earnings PE multiple.
Why Philip Morris’s EEMA Region Saw Revenue Wobbles in 3Q15
Philip Morris’s 3Q15 revenues from the EEMA region decreased by 13.8% to $2.1 billion due to an unfavorable currency impact of $0.6 billion.
Reynolds American’s Largest Operating Segment: R. J. Reynolds Tobacco
R. J. Reynolds is Reynolds American’s largest operating segment. Its brands include the two best-selling cigarettes in the US, Camel and Pall Mall.
The Lorillard Merger: Reynolds American’s Divestitures for Completion
Reynolds American’s acquisition of Lorillard came with some related divestitures of cigarette brands like Winston and Kool to Imperial Tobacco Group.
Japan Tobacco Buys Assets from Reynolds American for $5 Billion
On September 29, Japan Tobacco (JAPAF) (JAPAY) announced it has entered into an agreement with Reynolds American (RAI) to acquire international rights to Natural American Spirit for about $5 billion.