Altria Group focuses on tobacco products and holds stake in Anheuser-Busch

Altria Group, Inc. is currently facing challenges as UBS maintains a Sell rating on the company.

Altria primarily operates in the tobacco sector, with the majority of its net sales (88.9%) coming from the manufacture of cigarettes. Some of the well-known cigarette brands produced by Altria include Marlboro, L&M, and Chesterfield. Additionally, Altria also produces cigars such as Black & Mild and pipe tobacco.

Smokeless tobacco products, featuring brands like Copenhagen, Skoal, and Red Seal, account for 6.8% of Altria's net sales. There is a minor segment classified as "Other," which contributes just 0.3% to the company's overall sales. Furthermore, Altria holds a 10% stake in Anheuser-Busch InBev, providing some diversification to its portfolio.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings