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Benzinga
Benzinga
Business
Vandana Singh

Marlboro Parent Philip Morris International's Smoke-Free Segment Powers Q2 Gains

Marlboro.cigarettes.Altria

Marlboro parent Philip Morris International Inc. (NYSE:PM) saw its stock dip on Tuesday following the release of its second-quarter fiscal year 2025 earnings report.

While the tobacco giant’s revenue increased by 7.1% year-over-year (+6.8% organic) to $10.14 billion, it slightly missed the analyst consensus estimate of $10.32 billion.

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