Altria's CEO Gifford and Gaurav Jain discussed Altria's profitability and questioned the company's discount brand strategy.
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Updated Jun 23
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What happened
Altria's CEO Gifford and Gaurav Jain discussed Altria's profitability and questioned the company's discount brand strategy.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Altria and Marlboro are diversifying products due to declining smoking rates, with the flagship Marlboro brand generating most revenue.Also in this story
- FDA granted Juul marketing approval for e-cigarettes, raising competitive pressure on Altria's nicotine alternatives portfolio.
- Altria, Marlboro, and Philip Morris are dealing with market pressures, including revenue impacts from Indonesia.
The entities involved
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Coverage
Newest first; wire copies grouped- Unknown outlet