Overview
Description
Altria Group, Inc. is a holding company with a primary focus on the manufacture and sale of cigarettes and related products. Serving as a leading player in the tobacco industry, Altria is best known for its premium cigarette brand, Marlboro, which holds a significant market share in the United States. Beyond cigarettes, the company has established a diversified portfolio by investing in smokeless tobacco products, wine via its subsidiary Ste. Michelle Wine Estates, and a stake in the cannabis market through its investment in Cronos Group. Altria's strategic expansions into non-cigarette categories reflect its aim to navigate changing consumer preferences and regulatory landscapes. As one of the foremost publicly traded entities in its sector, Altria plays a significant role in the broader consumer goods market. The company continues to engage with shifting market dynamics by fostering innovation in reduced-risk products while maintaining its strong presence in traditional tobacco markets.
About
CEO
Mr. William F. Gifford Jr.
Employees
14654
Address
6601 West Broad Street
Richmond, 23230, VA
United States
Richmond, 23230, VA
United States
Phone
804 274 2200
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Tobacco
Country
United States
MIC code
XNYS