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Why Analysts Expect Altria’s Revenue to Fall in Q2 2018

Ralph Nathan
Updated
Why Analysts Expect Altria’s Revenue to Fall in Q2 2018

Wall Street analysts are expecting Altria Group (MO) to post second-quarter revenue, net of excise tax, of $5.02 billion, which represents a fall of 0.9% from $5.07 billion in Q2 2017. To drive sales, Altria has restructured to form two divisions: core tobacco and innovative tobacco products. Altria has also reported that it will be employing a chief growth officer to accelerate the introduction of innovative products and technologies to market.

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