---
schema_version: "secwatch.filing_event.v1"
accession: "0000764180-22-000100"
form_type: "8-K"
ticker: "MO"
cik: "0000764180"
company_name: "ALTRIA GROUP, INC."
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:30:05.430015+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altria Q3 adjusted EPS $1.28 (+4.9%), narrows FY22 guidance; forms JV with Japan Tobacco for heated tobacco in U.S.

## Summary
- Adjusted diluted EPS $1.28, up 4.9% YoY; net revenues $6.55B, down 3.5%.
- Narrows 2022 adjusted EPS guidance to $4.81-$4.89 (growth 4.5%-6%).
- Records $2.5B non-cash impairment on ABI investment; JUUL rights converted.
- Forms JV Horizon Innovations with Japan Tobacco (PM USA 75% interest) for U.S. heated tobacco; $150M initial capital.
- Director W. Leo Kiely III to retire; Jacinto Hernandez elected to Board effective Nov 1.

## SEC filing metadata
- accession: 0000764180-22-000100
- form_type: 8-K
- ticker: MO
- cik: 0000764180
- company_name: ALTRIA GROUP, INC.
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/0000764180-22-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/mo-20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764180-22-000100
- JSON: https://secwatch.observer/filing/0000764180-22-000100.json
- Plain text: https://secwatch.observer/filing/0000764180-22-000100.txt

## Key facts
- Earnings Releases
  ALTRIA GROUP, INC. reported financial results for the quarter ended September 30, 2022.
  - Period: the quarter ended September 30, 2022
  - Result: reported results
  source text: On October 27, 2022, Altria Group, Inc. (“Altria”) issued a press release announcing its financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/0000764180-22-000100-index.htm
- Executive change
  W. Leo Kiely III resigned as Director at ALTRIA GROUP, INC..
  - Action: resigned
  - Role: Director
  source text: W. Leo Kiely III (age 75), a director of Altria since 2011, submitted his written resignation to the Board, and, on October 26, 2022, the Board, based on the recommendation of the Board’s Nominating, Corporate Governance and Social Responsibility Committee, accepted Mr. Kiely’s resignation effective upon completion of his current term.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/0000764180-22-000100-index.htm
- Executive change
  Jacinto Hernandez was elected as Director at ALTRIA GROUP, INC..
  - Action: elected
  - Role: Director
  source text: On October 26, 2022, the Board increased the size of the Board from 12 to 13 and elected Jacinto Hernandez to the Board, in each case, effective November 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/0000764180-22-000100-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.