Data by Company within Tobacco Industry
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Company |
(Millions) |
(Millions) |
(Millions) |
Number |
| Philip Morris International Inc |
$ 140,142 |
$ 54,764 |
$ 8,500 |
69,600 |
| Altria Group Inc |
$ 73,197 |
$ 17,365 |
$ 6,818 |
6,000 |
| British American Tobacco P l c |
$ 70,085 |
$ 27,655 |
$ 6,846 |
55,000 |
| Rlx Technology Inc |
$ 2,019 |
$ 766 |
$ 204 |
5,680 |
| Vector Group Ltd |
$ 660 |
$ 1,442 |
$ 232 |
1,367 |
| Turning Point Brands Inc |
$ 468 |
$ 418 |
$ 12 |
1,127 |
| Ispire Technology Inc |
$ 459 |
- |
$ 0 |
- |
| 22nd Century Group inc |
$ 125 |
$ 33 |
$ -36 |
12,700 |
| Healthier Choices Management Corp |
$ 35 |
$ 45 |
$ -9 |
- |
| Bots Inc |
$ 19 |
$ 0 |
$ -4 |
14 |
| Hempacco Co Inc |
$ 10 |
$ 5 |
$ -2 |
- |
| Tobacco Industry |
$ 287,219 |
$ 102,492 |
$ 22,560 |
151,488 |
Recent News from Tobacco Industry |
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Dividend
Headline: Philip Morris International Inc. Increases Quarterly Dividend and Seeks to Recover Investor Confidence
Article:
STAMFORD, CT Regulatory News: In an effort to boost shareholder confidence, the Board of Directors of Philip Morris International Inc. (NYSE: PM) has announced a 2.4% increase in the company's regular quarterly dividend. This 2.4% increase raises the annualized rate to $5.20 per share, demonstrating the company's commitment to delivering value to its investors.
The new quarterly dividend of $1.30 per share, up from $1.27 per share, is set to be payable on October 12, 2023, to shareholders of record as of September 27, 2023. The ex-dividend date is September 26, 2023. Those seeking additional dividend information can refer to www.pmi.com/dividend.
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Healthier Choices Management Corp
In a surprising turn of events, Healthier Choices Management Corp (HCMC) managed to achieve a break-even status for the most recent fiscal period, defying the downward trend observed in the Tobacco industry. While many of its peers experienced business reduction over the same period, HCMC reported significant revenue growth and showcased resilience amidst challenging market conditions.
Financial Performance:
For the recent fiscal period, HCMC's revenue surged by an impressive 121.376% to $13.57 million, compared to $6.13 million in the previous year's similar quarter. Sequentially, the revenue increased slightly by 0.112% from $13.56 million. This remarkable growth has positioned HCMC as an exception within the Tobacco sector.
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Vector Group Ltd
In a rather challenging fiscal second quarter of 2023, Vector Group Ltd, a leading tobacco company, reported a decline in earnings and revenue. The company's earnings per share decreased by 4% to $0.24, while revenue fell by 5.563% to $365.66 million compared to the same period last year. However, there were some positive aspects, such as an improvement in income by 9.09% from the prior period and a revenue increase of 9.432% from the previous year.
Despite the decline in net profits by 2.72% to $38.089 million, the company's net margin actually improved to 10.42%. The operating margin fell to 19.59%, which is a cause for concern, but this decline was expected due to the seasonal nature of the business. Moreover, the rise in inventories to $98.7 million from the previous quarter indicates a potential increase in demand, despite being lower than the same period last year.
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Turning Point Brands Inc
Turning Point Brands Inc, a leading company in the tobacco industry, has recently released its financial results for the April to June 2023 period. While the company displayed impressive profitability improvements, there were also indications of slower revenue growth and potential challenges ahead. These results should be carefully assessed to understand their impact on the company's future prospects.
1. Profitability Growth:
Turning Point Brands Inc experienced a significant increase in profitability during the reported period. Income per share advanced by an impressive 76.67% to $0.53 per share compared to the previous year's reporting period. This showcases the company's ability to generate higher profits.
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Altria Group Inc
Altria Group Inc, a leading tobacco and smoking products company, has announced impressive financial results for the second quarter of the fiscal year 2023. The company reported a significant income growth of 142.86% to $1.19 per share, reflecting a solid bottom-line performance. However, it experienced a decline in revenue of -26.227% to $4.83 billion compared to the same period last year.
Despite the fading revenue, Altria Group Inc showcased resilience by recording a 12.649% increase in revenue from the previous quarter and a robust 19% growth in income per share. The company's net earnings in the fiscal second quarter of 2023 rose by a staggering 137.6% to $2,117.000 million when compared to $891.000 million the previous year.
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Philip Morris International Inc
Publication: Investors Daily
Philip Morris International Inc, a leading player in the tobacco industry, has reported a decline in its recent fiscal period's earnings and revenue. The company's earnings per share dropped by -29.37% to $1.01 per share compared to $1.43 a year ago, while income faded by -21.09% from $1.28 per share in the previous reporting period. The sharp decline in revenue is particularly concerning, falling by -56.064% to $8.97 billion from $20.41 billion in the same period last year and sequentially tumbling by -44.92% from $16.28 billion.
The drop in revenue stands in stark contrast to the remaining tobacco industry, which has recorded top-line growth during this period. Additionally, Philip Morris International Inc reported a net income of $1,682.0 million, reflecting a -28.3% decline from $2,346.0 million in the corresponding period a year earlier.
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Vector Group Ltd
Vector Group Ltd, a renowned tobacco company, has reported an increase in revenue for the first quarter of the 2023 earnings season. The company's revenue increased by 7.083% to $334.15 million compared to last year's earnings season, while the bottom line grew slightly by 4.76% to $0.22 per share as compared to $0.21 in the prior year reporting season. However, the contrast was observed in the Q4 earnings season, where the revenue declined by -8.144% from $363.77 million, and the income faded by -26.67% from $0.30 per share.
The company's net profits for the first quarter of 2023 earnings season increased by 6.76% from net earnings of $32.542 million reported a year ago. Vector Group Ltd has shifted its focus on improving sales, resulting in the net margin easing to 10.4%. However, the operating earnings fell by -1.1% to $74.297 million, thereby squeezing Vector Group Ltd's operating margin to 22.23% from 24.08% in the first quarter of 2022.
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22nd Century Group Inc
22nd Century Group Inc., a leading biotechnology company focused on reducing the harms caused by smoking, recently released its financial results for the time-frame ending March 31, 2023. The company reported a 175.905% growth in revenue, which reached $21.96 million compared to $7.96 million in the same period last year. However, the revenue sequentially fell by -28.644% from $30.78 million.
The company's earnings per share (EPS) improved from $-0.10 per share from the previous reporting season to $-0.08 per share. Additionally, the net loss per share decreased from $-0.09 a year ago. Despite these improvements, the company incurred a net loss of $-18.182 million this year, up from $-13.965 million last year.
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Healthier Choices Management Corp
The financial report for Healthier Choices Management Corp for the period ending March 31, 2023 shows a significant improvement in the company's financial performance. The report indicates that the company reached a break-even point, marking a significant improvement from the previous financial year. This is a positive signal for investors as it shows that the company is making the right decisions necessary to turn around its financial fortunes.
Furthermore, the financial report states that Healthier Choices Management Corp recorded a significant increase in its revenue. The revenue generated by the company increased by an impressive 329.551% to reach $4.92 million from $1.14 million recorded in the comparable reporting period a year earlier. This indicates that the company is experiencing strong demand for its products, which can be attributed to the quality of its offerings and the hard work of its management team.
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Turning Point Brands Inc
Turning Point Brands Inc, a consumer non-cyclical sector company, has achieved a return on average invested assets (ROI) of 1.44% in its first quarter of 2023, which falls below its average ROI of 21.33%. Despite net income growth from the fourth quarter of 2022, the ROI for the first quarter of 2023 has fallen compared to the previous quarter. Additionally, 31 other consumer non-cyclical sector companies had a higher ROI than Turning Point Brands Inc.
The company's overall ROI ranking has progressed in the March 31, 2023 quarter to 851, compared to its total ROI ranking in the fourth quarter of 2022 at 1711. However, the revenue rise of 0.061% was not enough to prevent an income demise of -25.45% in the same period, compared to a similar reporting period a year ago. The revenue for this quarter was $100.96 million, with an EPS of $0.41. In comparison to the previous financial reporting period, the net profit per share turned positive from $-0.93 per share, and the revenue decreased by -2.356% from $103.39 million. The bottom line of $7.342 million in the January to March 31, 2023 time-frame fell by -31.84% from $10.771 million in the corresponding period a year before.
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