Philip Morris Cuts Guidance Amid Zyn Challenges
Philip Morris International is increasing investment in its Zyn nicotine pouches, launching new variants like Zyn Ultra to defend market share amid tougher competition, while still delivering a Q2 revenue beat. At the same time, the company trimmed its full-year profit guidance for a third time due to adverse currency effects and higher costs from the global environment.
Business · 6 sources · Jul 22, 2026Read itThe journal
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About British American Tobacco
British American Tobacco p.l.c. (BAT) is a British-American multinational company that manufactures and sells cigarettes, tobacco and other nicotine products including electronic cigarettes. The company, established in 1902, is headquartered in London, England. As of 2025, it is the second-largest tobacco company in the world based on net sales.
Everything about British American Tobacco →- Country
- United Kingdom
- Headquarters
- London
- Inception
- September 1902
- Website
- https://bat.com