Altria Group, Inc. is currently facing a negative outlook from UBS due to its heavy reliance on the tobacco sector.
The majority of the company's sales, approximately 88.9%, come from the manufacturing of tobacco products. This includes popular cigarette brands like Marlboro, L&M, Philip Morris, and Chesterfield, as well as cigars such as Black & Mild and pipe tobacco.
Additionally, Altria also generates sales from smokeless tobacco products, accounting for 6.8% of its revenue, with brands like Copenhagen, Skoal, and Red Seal. While the company has a minor segment contributing 0.3% to its overall revenue, it has also diversified its portfolio by holding a significant 10% stake in Anheuser-Busch InBev.