Latest Philip Morris International News & Updates

See the latest news and media coverage for PMI. We track all announcements, press releases, and industry mentions in real time, all in one place.

Philip Morris International (PMI)

Tobacco manufacturer and smoke-free product developer

pmi.com

Headquarters: Lausanne, Switzerland
Company type: Public company
Number of employees: 65,000+
Industry: Tobacco

Last updated Today

Latest news about Philip Morris International (PMI)

In short: PMI accelerated its smoke-free transition, investing $1.2 billion in U.S. ZYN production while reporting that alternatives reached 42% of revenue.

Company announcements

July 27 PMI

PMI U.S. opens $1.2 billion Aurora campus

The Colorado facility will produce ZYN nicotine pouches and create 500 jobs, strengthening U.S. manufacturing and export capabilities.

July 22 PMI

PMI reported strong first-half results with smoke-free progress

Emmanuel Babeau discussed the company's transformation powered by science and innovation.

July 22 PMI

PMI reports Q2 2026 results and updates EPS forecast

Adjusted diluted EPS grew 15.2% to $2.20, driven by smoke-free growth and pricing.

July 15 PMI

PMI will host webcast of Q2 2026 results

The webcast on July 22 will discuss financial performance and include Q&A.

Media coverage

July 27 Yahoo Finance

Why Did Philip Morris (PM) Rise After Cutting Its 2026 Profit Forecast Again?

Philip Morris International Inc. (NYSE:PM) cut its 2026 adjusted earnings forecast for the third time this year on July 22. Nevertheless, the shares rose about...

July 27 Bloomberg

Philip Morris Doubles Zyn Factory Investment to $1.2 Billion

The additional investment will help meet rising demand for Zyn nicotine pouches.

July 24 Seeking Alpha

Philip Morris leads smoke-free nicotine pivot

FDA authorizations for IQOS and ZYN give it a regulatory edge over Altria and British American Tobacco.

July 24 Seeking Alpha

Philip Morris: The Warnings In The Robust Performance (Rating Downgrade)

Philip Morris stock is downgraded to "Hold" as valuations are stretched and forecasts limit upside. Here's what investors need to know about PM.

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