secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALTRIA GROUP, INC. (MO)
CIK:        0000764180
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000764180-24-000056
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altria Q1 2024 adjusted EPS $1.15 (-2.5% YoY); reaffirms FY guidance $5.05-$5.17
--------------------------------------------------------------------------------

- Reported diluted EPS $1.21 (up 21% YoY); adjusted diluted EPS $1.15 (down 2.5% YoY).
- Net revenues $5.576B (-2.5%); revenues net of excise taxes $4.717B (-1.0%).
- Smokeable segment OCI margins 60.2% (-0.2pp); cigarette volume -10%, Marlboro share unchanged at 42.0%.
- Oral tobacco OCI +4.6% to $435M; on! volume +32.1%; NJOY consumables volume 10.9M units, retail share 4.3%.
- Partial sale of ABI stake for ~$2.4B; board authorized $2.4B share repurchase expansion; ASR program initiated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764180/000076418024000056/0000764180-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764180/000076418024000056/mo-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000764180-24-000056

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