Global tobacco giant Philip Morris International (PM) shocked the world a few years ago when it declared it would pursue a ...

Cigarette giant Philip Morris International on Thursday forecast better-than-expected profit growth for 2025, with ...

Among its reduced-risk products, PMI’s lead is greatest in heated tobacco. In 2024, its iQOS brand held a dominant 65% share of the more than $36 billion market, which has grown nearly 20% per ...

The smoke-free champion marked an 11% rise in its duty-free business, which offset challenges in Australia and Korea’s ...

The reduced-risk portfolio of products that include products like its IQOS heated tobacco electronic cigarettes and Zyn nicotine pouches, helped drive revenue and profits higher, surpassing Wall ...