Retail Sales Were Up 0.6% In February, But Ripple Effects from the Iran War Could Reverse That Trend. Here Are 2 Consumer Staples Stocks That Can Withstand Them. [Globe and Mail, The (Toro...
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
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Source: Globe and Mail, The
Tobacco stocks like Philip Morris International have long demonstrated in resilience in recessionary environments. The last snapshot of U.S. consumer spending before the Iran war began showed stronger-than-expected growth. Retail sales were up 0.6% in February from the prior month, beating estimates at 0.4% growth. Spending was up broadly, including in discretionary categories like department stores, restaurants, and cars. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Still, the report didn't do much to quell concerns about a recession, as the Iran war has rewritten the economic calculus since then, with oil prices up by a third, lifting both fuel prices and goods that need to be shipped and that use petroleum as an input. As a result, investors are looking for safe places to park their cash, and consum
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News
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- IYK vs. XLP: How These Consumer Staples ETFs Compare on Risk, Returns, and Fees [Yahoo! Finance]Yahoo! Finance
- 3 Monster Dividend Stocks to Hold for the Next 10 Years [Yahoo! Finance]Yahoo! Finance
- Altria's Best Growth Opportunity Is Running Into Bureaucratic Foot Dragging [Yahoo! Finance]Yahoo! Finance
PM
Earnings
- 2/6/26 - Beat
PM
Sec Filings
- 3/31/26 - Form DEFA14A
- 3/27/26 - Form SCHEDULE
- 3/26/26 - Form ARS
- PM's page on the SEC website