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Philip Morris Shares Jump
Huge sales of the nicotine pouch Zyn have sent Philip Morris' stock to an all-time high
Nicotine pouch maker Zyn is on a roll, and it's showing up on the company's bottom line — and record stock performance.
Philip Morris Shares Jump as Zyn’s Booming Sales Bolster Profits
Philip Morris International Inc. forecast higher-than-expected profit this year, citing soaring demand for its Zyn nicotine pouches in the US.Shares in PMI, which also makes Marlboro cigarettes, rose as much as 7.
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
Part of that growth is due to easing supply constraints for the product. Shipments of Zyn cans in the U.S. rose more than 41% in the third quarter from the same three-month period in 2023. Philip Morris expects Zyn shipments to match demand "at some point" during the fourth quarter, Babeau said.
Convenience Store News
14h
PMI Says Supply Constraints of Zyn Are Easing
Shipments of the modern oral nicotine pouch reached 149 million cans for the third quarter, tobacco company says ...
Benzinga.com
1d
Philip Morris' Q3 Driven By Smoke-Free Products Amid Rising Market Share In Key Regions: Analyst Forecasts Growth Across IQOS And ZYN Brands
Philip
Morris
raised its U.S.
ZYN
volume outlook for 2024 to 570-580 million cans, reflecting over 50% growth.
2d
Philip Morris International Inc (PM) Q3 2024 Earnings Call Highlights: Strong Growth Amid Challenges
Philip Morris International Inc (PM) reports robust organic growth in Q3 2024, driven by smoke-free products, despite ...
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