Philip Morris Cuts Annual Profit Forecast Amid Competition, Regulatory Hurdles

Philip Morris cuts annual profit forecast amid competition, regulatory hurdles

April 22 (Reuters) – Philip Morris International cut its annual profit forecast on Wednesday, highlighting pressure from increased competition ​in tobacco products and regulatory ‌uncertainty over its Zyn nicotine pouches. The company, which sells Marlboro outside the U.S., has stepped up investments to diversify beyond cigarettes, but ‌faces ​intense rivalry from brands ⁠such as British American ⁠Tobacco’s Velo and delays in authorizing new ver…

Philip Morris International Reports 2026 First-Quarter Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast for Currency Only;

STAMFORD, CT--(BUSINESS WIRE)--Apr 22, 2026-

Philip Morris: Q1 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Philip Morris International Inc. (PM) on Wednesday reported first-quarter net income of $2.44 billion.