Altria's Problems Go Deeper Than Just Falling Tobacco Sales
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Altria faces challenges beyond declining tobacco sales, as smoking rates have significantly decreased over the decades, with less than 12% of adults smoking in 2022 compared to nearly 43% in 1965.
February 13, 2025 | 9:45 am
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Altria is facing significant challenges as smoking rates have drastically declined over the years, impacting its core tobacco business.
The decline in smoking rates directly affects Altria's primary revenue source, tobacco sales. With a significant drop in the number of smokers, Altria's business model faces pressure, likely leading to a negative impact on its stock price.
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