Altria Group, Inc. Reports First-Quarter 2026 Financial Results and Reaffirms Full-Year Guidance

Altria Group, Inc. announced its first-quarter 2026 financial results, reporting a 7.3% increase in adjusted diluted earnings per share (EPS) to $1.32, while reaffirming its full-year 2026 adjusted diluted EPS guidance of $5.56 to $5.72. The company experienced a 3.2% increase in net revenues to $5.4 billion, driven primarily by its smokeable products segment. Reported diluted EPS saw a significant increase of over 100% to $1.30, largely due to favorable comparisons with the prior year, which included a non-cash impairment charge related to the e-vapor reporting unit. The smokeable products segment reported an 8.3% increase in reported operating companies income (OCI), with Marlboro strengthening its premium segment position. The oral tobacco products segment saw a slight increase in reported OCI. Altria returned $280 million to shareholders through share repurchases in the first quarter and paid $1.8 billion in dividends. The company continues to invest in its "Vision" to transition adult smokers to a smoke-free future.