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Weak IQOS shipments drive Philip Morris' Q4 disappointment

Philip Morris International on
Thursday missed estimates for fourth quarter profit and
forecasts for 2024, with slowing sales of its flagship heated
tobacco product IQOS in particular concerning. ....

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Weak IQOS shipments drive Philip Morris' Q4 disappointment | WSAU News/Talk 550 AM · 99.9 FM

(Reuters) - Philip Morris International on Thursday missed estimates for fourth quarter profit and forecasts for 2024, with slowing sales of its flagship heated tobacco product IQOS in particular concerning analysts. PMI has so far led a transition. ....

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Stocks To Watch: Eyes On McDonald's, Alibaba, Philip Morris, F5 And PepsiCo

Stocks To Watch: Eyes On McDonald's, Alibaba, Philip Morris, F5 And PepsiCo
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P&G Shows Headwind Consumer-Goods Stocks Face When Inflation Cools

(Bloomberg) While US consumers may be feeling a measure of relief as inflation cools, investors in the shares of consumer-goods makers aren’t quite as calm. Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionBoeing Blocked From Building More 737s in Hit to Growth PlanThat’s because ebbing inflation gives companies like Procter & Gamble Co. ....

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P&G Shows Headwind Consumer-Goods Stocks Face When Inflation Cools

P&G Shows Headwind Consumer-Goods Stocks Face When Inflation Cools
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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