Altria held its fourth-quarter 2024 earnings call on Thursday. The tobacco company reported net revenues for the fourth quarter were essentially unchanged from fourth-quarter 2023 at $6.0 billion.
Altria is the leader in tobacco with top brand Marlboro. The company has also diversified into other smokeless tobacco categories and has invested in the beer and cannabis sectors. Altria's ...
MO stock, with 41% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. This can be attributed to the company’s decision to reduce its stake in Anheuser-Busch InBev last ...