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PMI Earnings Rise, But Shares Dip Amid Market Share Concerns

2/6/2026

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Summary

Story summary

Philip Morris International (PMI) announced on February 6, 2026 that its adjusted earnings per share are expected to grow 11.1% to 13.1%, surpassing analyst estimates.
Shares fell after the announcement due to concerns that British American Tobacco is gaining market share in nicotine pouches.
Chief Executive Officer Jacek Olczak said PMI is prepared to launch updated versions of its Zyn brand to boost competitiveness.

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Story summary

Philip Morris International (PMI) announced on February 6, 2026 that its adjusted earnings per share are expected to grow 11.1% to 13.1%, surpassing analyst estimates.
Shares fell after the announcement due to concerns that British American Tobacco is gaining market share in nicotine pouches.
Chief Executive Officer Jacek Olczak said PMI is prepared to launch updated versions of its Zyn brand to boost competitiveness.