secwatch.observer — SEC 8-K summary
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Issuer:     ALTRIA GROUP, INC. (MO)
CIK:        0000764180
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000764180-22-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altria Q1 adj. EPS $1.12 (+4.7%YoY); reaffirms FY22 adj. EPS $4.79-$4.93
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- Reported net revenue $5.9B (-2.4%), down due to wine business sale; revenue net of excise taxes $4.8B (-1.3%).
- Smokeable segment cigarette shipment volume -6.3% (adjusted -8%); Marlboro retail share 42.6% (-0.4 pp).
- Oral tobacco segment volume -1.9%; on! nicotine pouch share 4.1% (+2.5 pp).
- Repurchased 11.3M shares for $576M; $1.2B remaining under $3.5B program; dividends paid $1.6B.
- JUUL fair value $1.6B at 3/31/22, with $100M unrealized loss in Q1; Cronos special items net expense $61M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764180/000076418022000042/0000764180-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764180/000076418022000042/mo-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000764180-22-000042

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