PM news

PMI reported a record quarterly EPS and growing unit shipments. The release also includes updated full-year adjusted diluted EPS guidance for currency-only fluctuations.

PMI increased its quarterly dividend by 8.8%, raising its annualized rate to $6.40, marking the 18th consecutive year of increases.

Philip Morris International Inc.'s Group CEO Jacek Olczak presented at the Barclays Global Consumer Conference on September 8, 2026.

PMI raised its reported diluted EPS forecast for currency only to $7.28-$7.43 for 2026, largely due to favorable currency expectations. The adjusted diluted EPS forecast was raised to $8.35-$8.50, indicating growth vs. 2025.

PMI and Altria have entered a contract manufacturing arrangement for combustible cigarettes starting in 2027. The deal is not expected to materially impact PMI's 2026 financials.

Philip Morris International's Board of Directors declared a regular quarterly dividend of $1.47 per common share, payable July 20, 2026 to shareholders of record as of June 25, 2026. The dividend announcement reflects the company's continued capital return strategy amid its transition toward smoke-f…

Philip Morris International recorded a non-cash impairment charge of approximately $500 million on its Canadian affiliate RBH investment due to updated financial projections reflecting current industry dynamics. The company's adjusted diluted EPS guidance remains strong at $8.31-$8.46, representing …

Philip Morris International announced that Massimo Andolina will succeed Emmanuel Babeau as Group Chief Financial Officer, with Babeau remaining as Strategic Advisor through March 31, 2027. The leadership transition represents continuity in financial stewardship during PMI's smoke-free product trans…