Philip Morris Hits Record After Beating Estimates on Zyn Demand
Philip Morris International Inc. soared to a record after reporting better-than-expected profit driven by sales of Zyn nicotine pouches.
How Zyn helped Philip Morris International make a comeback
Zyn is manufactured by Swedish Match, which Philip Morris International acquired in a $16 billion deal in 2022. That year, Zyn shipped 238 million cans in the U.S. Philip Morris International forecasts that the total more than doubled in 2024. Zyn's growth comes as Philip Morris looks to transition more to smokeless products.
Philip Morris’s stock touches record high as outlook tops Wall Street estimates
Philip Morris International Inc.’s stock touched a record high on Thursday after the company issued a profit outlook that topped Wall Street analyst expectations on strength in its smokeless-tobacco products. Philip Morris cited growth in Iqos, its inhalable smoke-free product, as well as Zyn nicotine pouches, which won FDA authorization in 2024.
Philip Morris forecasts upbeat 2025 profit as demand for ZYN nicotine pouches surges
(Reuters) -Cigarette maker Philip Morris International on Thursday forecast 2025 profit above estimates after recording better-than-expected quarterly results on the back of strong demand for its smoking alternatives such as ZYN nicotine pouches.
Philip Morris Revenue Tops Estimates as Zyn Demand Continues
Philip Morris International posted higher-than-expected revenue in its fourth quarter as its Zyn nicotine pouches continued to power results.
Filter21h
FDA’s Authorization of Zyn Nicotine Pouches a Step in the Right Direction
The groundbreaking decision is a win for harm reduction, though it also highlights absurd contradictions in the FDA's overall ...
CBS News5d
Nicotine pouches gaining popularity among teens, raising concerns for doctors and advocacy groups
The FDA recently authorized the sale of certain Zyn products, citing potential health benefits for adult smokers looking for alternatives. However, the Campaign for Tobacco-Free Kids criticized ...
JD Supra7d
FDA Authorizes Marketing of Zyn Nicotine Pouches
The U.S. Food and Drug Administration (FDA) recently approved the marketing of 20 Zyn nicotine pouches, marking the first time nicotine pouches ...
Convenience Store News15h
PMI Reports 40% of Total Net Revenues From Smoke-Free Products in Fourth Quarter
Smoke-free products accounted for 40% of total net revenues, tobacco company Philip Morris International (PMI) said in ...
Zyn, But With Weed: The Pouch Craze Hits The Cannabis Industry
Nicotine pouches have become a multibillion-dollar industry. Now Cannadips and other brands are putting their money where your mouth is.
Local health leaders warning families to watch out for nicotine pouch products among kids
Another nicotine product has taken the place of cigarettes and is making it's way into the hands of kids and young adults.