The company said full-year 2023 net revenues fell 2.4% to $24,483 million, reported diluted EPS rose 43.3% to $4.57, and adjusted diluted EPS rose 2.3% to $4.95. Adjusted diluted EPS was unchanged at $1.18 in Q4.

1. 01

   The company said full-year 2023 net revenues fell 2.4% to $24,483 million, reported diluted EPS rose 43.3% to $4.57, and adjusted diluted EPS rose 2.3% to $4.95. Adjusted diluted EPS was unchanged at $1.18 in Q4.

2. 02

   Altria said it expects full-year 2024 adjusted diluted EPS in a range of $5.00 to $5.15, representing growth of 1% to 4% from a base of $4.95 in 2023. The outlook excludes the estimated $1.14 per share gain from the sale of IQOS Tobacco Heating System commercialization rights expected in Q2 2024.

3. 03

   The company said it paid dividends of $6.8 billion in full-year 2023 and completed its previously authorized $1 billion share repurchase program. On January 31, 2024, its board authorized a new $1 billion program, which the company said it expects to complete by December 31, 2024.

4. 04

   The company said it completed its acquisition of NJOY Holdings, Inc. on June 1, 2023. It reported shipment volume of approximately 11.1 million NJOY consumables and approximately 0.9 million NJOY devices for Q4. Retail share of NJOY in the U.S. multi-outlet and convenience channel was 3.7% in the same quarter.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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