$MO (Altria Group Inc.)

$MO {{ '2016-01-28T17:40:00+0000' | timeago}} • Announcement

$MO said it is implementing productivity initiative, which will cut spending on certain SG&A infrastructure and enact leaner organizational structure. The initiative is likely to deliver about $300MM in annualized productivity savings by end of 2017. $MO sees pre-tax restructuring charges of about $140MM, which is likely to be recorded in 1Q16.

$MO {{ '2017-05-18T18:28:25+0000' | timeago}} • Announcement

During the annual meeting of shareholders, $MO reaffirmed FY17 guidance for adjusted diluted EPS, which excludes special items, to be in a range of $3.26 to $3.32.

$MO {{ '2017-05-18T18:26:45+0000' | timeago}} • Announcement

$MO declared a regular quarterly dividend of $0.61 per share, payable on July 10, 2017, to shareholders of record as of June 15, 2017. The ex-dividend date is June 13, 2017.

$MO {{ '2017-05-02T16:26:04+0000' | timeago}} • Infographic

$MO Altria Group Inc. Earnings AlphaGraphics: Q1 2017 highlights

$MO {{ '2017-05-02T14:05:15+0000' | timeago}} • Webcast

$MO stated that from its consumer standpoint, it is seeing the cigarette environment largely constructive for them considering the unemployment rates, housing starts or consumer confidence. The company is not seeing the softening for its consumer set currently as like others.

$MO {{ '2017-05-02T13:57:21+0000' | timeago}} • Webcast

$MO said that in the cigar category, it participates in the tipped segment and has a large market share there, which is why the company is running for profitability in that category. In the untipped segment, there is price war going on where there is volume competition, but at a low profitability. Therefore, $MO doesn’t participate in untipped.

$MO {{ '2017-05-02T12:06:32+0000' | timeago}} • Announcement

$MO's domestic cigarettes shipment volume for 1Q17 fell 2.7% on the industry's rate of decline, partially offset by trade inventory movements. When adjusted for trade inventory movements and other factors, PM USA expects that its domestic cigarettes shipment volume fell by about 3%, in line with its estimate for total industry cigarette volumes.

$MO {{ '2017-05-02T12:03:38+0000' | timeago}} • Announcement

$MO reaffirmed its 2017 adjusted EPS guidance of $3.26-3.32. This range represents a growth rate of 7.5-9.5% from an adjusted diluted EPS base of $3.03 in 2016. $MO still sees higher adjusted EPS growth in 2H17 compared to 1H driven by various factors. $MO still sees 2017 effective tax rate on operations to be about 36%.

$MO {{ '2017-05-02T11:57:05+0000' | timeago}} • Announcement

$MO reported a rise in 1Q17 earnings driven by strong results from the smokeable products segment, as well as lower costs and expenses. Net income grew to $1.4Bil or $0.72 per share from $1.22Bil or $0.62 per share last year. Revenue rose to $6.08Bil from $6.066Bil. Adjusted EPS increased to $0.73 from $0.72.

$MO {{ '2017-03-02T15:57:12+0000' | timeago}} • Announcement

$MO said Thomas Jones, a member of the BoD since 2002, has notified the company of his decision to retire from Board service following completion of his current term. Consequently, Jones will not stand for re-election to the Board at its 2017 Annual Meeting. Jones now serves as a member of the Audit, Compensation, Executive and Finance Committees.

$MO {{ '2017-03-01T17:01:06+0000' | timeago}} • Announcement

$MO's Board of Directors declared a regular quarterly dividend of $0.61 per common share, payable on April 10, 2017, to shareholders of record as of March 15, 2017. The ex-dividend date is March 13, 2017.

$MO {{ '2017-02-01T14:52:58+0000' | timeago}} • Webcast

On the recent acquisition of Nat Sherman and its expansion strategy, $MO said it just closed that acquisition and is currently working on a strategy. Nat Sherman brand is differentiated from the current portfolio on smokeable and expected to have a good distribution growth, said the company.

$MO {{ '2017-02-01T14:14:36+0000' | timeago}} • Webcast

$MO said that it continues to partner with $PM on its U.S. Food and Drug Administration (FDA) applications for IQOS. In Dec. 2016, $PM submitted a modified risk tobacco product application to the FDA for its heated tobacco product. $PM plans on filing its pre-market tobacco product application during 1Q17.

$MO {{ '2017-02-01T14:08:14+0000' | timeago}} • Webcast

For 2016, $MO delivered a total shareholder return of 20.5%, marking the fourth consecutive year that total shareholder return has exceeded 20%. And over the last five years, the company's total shareholder return was 187%, significantly outpacing both the S&P 500 and the S&P 500 Food Beverage & Tobacco index.

$MO {{ '2017-02-01T12:52:42+0000' | timeago}} • Infographic

$MO Altria Group Earnings AlphaGraphics: Q4 2016 Highlights

$MO {{ '2017-02-01T12:47:05+0000' | timeago}} • Announcement

In 4Q16, PM USA, a unit of $MO, recorded pre-tax charges for tobacco and health litigation items of $17MM related to a judgment in the Merino case. For FY16 and FY15, PM USA recorded total pre-tax charges for tobacco and health litigation items and related interest costs of $105MM and $150MM, respectively.

$MO {{ '2017-02-01T12:45:22+0000' | timeago}} • Announcement

In October 2016, $MO's Board expanded and extended the $1Bil share repurchase program to $3Bil. The company expects to complete the share repurchase program by the end of 2Q18. As of December 31, 2016, $MO had approx. $1.9Bil remaining in the share repurchase program.

$MO {{ '2017-02-01T12:43:17+0000' | timeago}} • Announcement

For 2017, $MO estimates adjusted diluted EPS to grow 7.5-9.5% to $3.26-3.32. This outlook excludes the estimated facilities consolidation charges of approx. $0.02 per share. CapEx is expected to be $180-220MM and depreciation and amortization expenses are expected to be approx. $220MM.

$MO {{ '2017-02-01T12:39:52+0000' | timeago}} • Announcement

$MO's adjusted diluted EPS increased 1.5%, excluding the impact of special items, to $0.68 in 4Q16. In October 2016, AB InBev completed its business combination with SABMiller plc and $MO received 9.6% ownership in the combined company.

$MO {{ '2017-02-01T12:34:29+0000' | timeago}} • Announcement

$MO, which voluntarily recalled its certain smokeless tobacco products manufactured at its Franklin Park facility yesterday, reported a rise in 4Q16 earnings, helped by the gain on AB InBev/SABMiller business combination. Net earnings were $10.3Bil or $5.27 per share vs. $1.2Bil or $0.64 per share in 4Q15. Revenue declined 1% to $6.25Bil.

$MO {{ '2017-02-01T12:20:28+0000' | timeago}} • Announcement

With regards to the voluntary recall of certain smokeless tobacco products, $MO said no consumer injuries have been reported. The company had notified the U.S. FDA about the recall and is working with federal authorities on this issue.

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