Altria’s Smoke-Free Ambition Narrows to One Nicotine Pouch Brand
Altria’s smoke-free push has narrowed to its on! nicotine pouch, while NJOY ACE has come off the shelf and has not returned. Reported on! shipments fell 4.2% year over year (first-half volume rose 5.1%), and Marlboro’s retail share dropped 1.5 points versus a year earlier. The company returned nearly $3.9 billion via dividends and buybacks and raised its quarterly dividend to $1.11 per share.