secwatch.observer — SEC 8-K summary
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Issuer:     ALTRIA GROUP, INC. (MO)
CIK:        0000764180
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000764180-22-000100
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/0000764180-22-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764180/000076418022000100/mo-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000764180-22-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer