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Stock impact report

Altria (MO) Eyes Second-Half Profit Lift From U.S. Tobacco Tax Rebate [Yahoo! Finance]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
Company Research Source: Yahoo! Finance
A January 29 Reuters report said Altria Group, Inc. (NYSE:MO) expects profit to improve in the second half of the year by using a US tax rebate tied to higher cigarette imports and exports. The update came after the company narrowly missed fourth-quarter 2025 profit estimates on January 29. Altria said its full-year 2026 profit outlook still sits ahead of analyst expectations. That confidence is partly tied to a tax provision known as the “double duty drawback.” Tobacco companies that export products outside the U.S. can reclaim federal excise taxes paid on cigarettes sold domestically, as long as similar products are shipped overseas. The exported cigarettes themselves do not need to have been taxed. Until now, Altria has largely been unable to benefit from this provision. Unlike rivals such as British American Tobacco, the company does not sell cigarettes directly outside the United States. That dynamic is starting to change. The Marlboro maker is working with international p Show less Read more
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