secwatch.observer — SEC 8-K summary
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Issuer:     ALTRIA GROUP, INC. (MO)
CIK:        0000764180
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000764180-24-000091
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altria Q2 adjusted EPS flat at $1.31; narrows FY2024 guidance to $5.07-$5.15
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- Q2 adjusted diluted EPS $1.31 (flat YoY); reported EPS $2.21 (up 85.7% on IQOS gain).
- Q2 net revenue $6.2B (-4.6%); cigarette shipment volume down 13% (-11% adjusted); Marlboro retail share 42.0%.
- NJOY receives first FDA MGOs for menthol e-vapor; triggers $250M payment. NJOY retail share 5.5% (+1.3pp sequentially).
- FY2024 adjusted EPS guidance narrowed to $5.07-$5.15 (2.5%-4.0% growth); adjusted tax rate forecast 24.0%-25.0%.
- Skoal trademark impairment $354M non-cash; oral tobacco adjusted OCI +1.8%; on! volume up 37.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764180/000076418024000091/0000764180-24-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764180/000076418024000091/mo-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000764180-24-000091

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