Altria reports higher adjusted EPS and narrows 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
On July 30, 2026, Altria reported second-quarter net revenue of $6.111 billion, up 0.1%, and adjusted diluted EPS of $1.48, up 2.8%; first-half adjusted EPS rose 4.9% to $2.80. Altria narrowed its 2026 adjusted EPS guidance to $5.61-$5.72, raised its expected capital spending range to $375 million-$450 million primarily for the USSTC manufacturing consolidation, and said it returned nearly $3.9 billion through dividends and share repurchases in the first half. Oral tobacco revenue fell 5.3% in the quarter, while smokeable products revenue increased 0.7%, highlighting continued pressure in Altria’s smoke-free transition.