Philip Morris International reported higher revenue in the latest quarter, though profit fell as the company faced inflationary pressures and stepped up its investments.
Philip Morris International beat Wall Street estimates for third-quarter sales and profit on Wednesday, helped by strong demand for its Zyn nicotine pouches and by higher cigarette prices, and kept its full-year profit forecast intact.
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2026 third-quarter results.1 "We delivered another excellent quarter, with growing total volumes, double-digit organic operating income growth and robust margin expansion," said Jacek Olczak, Group CEO PMI. "With continued strong offtake momentum for our smoke-free brands and th...
STAMFORD, CT--(BUSINESS WIRE)--At a defining moment for Europe's competitiveness, Philip Morris International Inc. (PMI) (NYSE: PM) today publishes the second edition of its EU Economic Footprint Study, prepared by EY-Parthenon. Spanning 2021 to 2025, the study demonstrates the scale of PMI's contribution across the European Union and the capabilities developed through its transformation. The c...
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.
STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) today published its inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Report, providing shareholders and other stakeholders with its most comprehensive assessment to date of nature-related dependencies, impacts, risks, and opportunities (DIROs) across the company's global value chain. As an early a...
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