Altria Group raised the lower end of its full-year 2026 adjusted diluted earnings per share guidance to $5.61, narrowing the range to $5.61 to $5.72. The company reported second-quarter adjusted diluted EPS of $1.48, up 2.8%, and returned nearly $3.9 billion to shareholders in the first half through dividends and share repurchases. Smokeable products adjusted operating companies income grew 2.4% to $3 billion, while oral tobacco products adjusted OCI fell 8% due to investments behind on! PLUS. CEO Salvatore Mancuso noted that on! PLUS expanded to 120,000 stores nationwide and plans a 12-milligram national expansion in the third quarter, with flavor launches starting in the fourth quarter. Management cautioned that the consumer remains under pressure and that second-half execution will require investment behind on! PLUS and flavor activities.
Altria GroupAltria raised its 2026 adjusted EPS guidance and reported Q2 EPS growth, indicating improved financial outlook.