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[UK] BAT lifts prices to offset slowing sales

Global demand for cigarettes continued to slide as British American Tobacco, the world’s second-largest tobacco company by market share, opted to increase prices to redress slowing sales volumes.
Financial Times (uk)
added Apr 25, 2013 16:35
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Altria to Launch E-Cig as Cigarette Demand Softens

--Profit lifted by credit, higher cigarette and smokeless pricing --Total cigarette market share reaches highest level in four years --Altria to enter e-cigarette market in back half of 2013
NASDAQ
added Apr 25, 2013 13:43
4 Views

Japan Tobacco Expects Record Full-Year Profit

Japan Tobacco Inc. 2914.TO +1.01% said Thursday it expects to chalk up record profits for the current business year ending March 2014, aided by a solid performance of its overseas business and the yen's weakness.
The Wall Street Journal Interactive Edition
added Apr 25, 2013 10:44
3 Views

Japan Tobacco Profit Forecast Beats Estimates as Sales Gain (1)

Japan Tobacco Inc. (2914), the world’s best-performing cigarette maker this year, forecast a record profit that beat analyst estimates and raised its projected annual dividend by 35 percent on rising overseas sales and a weaker yen.
Business Week/Bloomberg
added Apr 25, 2013 10:33
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BAT sales up 5%, driven by global brands

British American Tobacco PLC , which houses Dunhill, Kent, Lucky Strike and Pall Mall among its brands, said Thursday it has seen good revenue growth of 5% at constant rates of exchange in the first quarter ended March 31, adding that global drive brand c
CBS MarketWatch
added Apr 25, 2013 10:31
2 Views

BAT confident on earnings outlook after good start to year

British American Tobacco said it was confident it would grow earnings this year after it reported a 1 percent rise in volumes of its premium brands like Kent and Lucky Strike in the first three months of 2013.
Reuters
added Apr 25, 2013 10:30
2 Views

BAT Sales Top Estimates as Higher Prices Offset Lower Volume (2)

British American Tobacco Plc (BATS), Europe’s largest cigarette maker, reported first-quarter revenue growth that beat estimates as the maker of Pall Mall and Dunhill raised prices to offset falling consumption.
Business Week/Bloomberg
added Apr 25, 2013 10:28
12 Views

Cigarette maker Lorillard's 1Q profit up 47 pct on higher pricing, e-cig sales, lower costs

Lorillard's first-quarter profit jumped 47 percent as higher prices, electronic cigarette sales and lower legal expenses from a longstanding legal settlement offset a decline in traditional cigarette sales. The nation's third-biggest tobacco company on W
AP - Associated Press
added Apr 24, 2013 23:50
62 Views

[New York] Reynolds American Management Discusses Q1 2013 Results - Earnings Call Transcript

Reynolds and various other tobacco manufacturers reached a settlement with 20 jurisdictions to resolve a massive settlement agreement, NPM disputes for 2003 through 2012. This agreement will provide a significant benefit to our largest operating company,
Seeking Alpha blog network
added Apr 24, 2013 10:27
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Reynolds American reports big increase in quarterly income

The company benefited not only from increased market share for its Pall Mall, Camel, Grizzly and Natural American Spirit brands, but also higher prices passed along to vendors and wholesalers. Net sales were down 2.6 percent to $1.88 billion.
Winston-Salem (NC) Journal
added Apr 24, 2013 10:01
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