Altria Stock News

Many investors have turned to consumer staples for stability, and the stock of tobacco giant Altria has been a big winner.

Morningstar and Altria Group rose to new highs after both companies reported better-than-expected earnings this week.

The tobacco company posted a third-quarter profit of $2.52 billion, or $1.51 a share, compared with $2.38 billion, or $1.41 a share, a year earlier.

RICHMOND, Va.--(BUSINESS WIRE)---- $mo #altria--Altria Reports 2026 Third-Quarter and Nine-Months Results; Announces Expanded Share Repurchase Program; Raises 2026 Full-Year Earnings Guidance.

The U.S. Food and Drug Administration is expected to unveil measures in the ​coming days that would speed up approvals for vaping ‌products and nicotine pouches, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The State Street Consumer Staples Select Sector SPDR ETF (XLP) has climbed 6.6% so far in 2026, according to State Street data as of September 21. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has fallen more than 7% over the same stretch, a 13.

Marlboro-maker Altria ​sued ‌the U.S. Food ​and ​Drug Administration ⁠on ​Wednesday, ​court records show.