Altria Group (MO) shares fell 6.5% on May 12, 2026. The company reported $4.76 billion in Q1 2026 sales. Net income reached $2.18 billion, more than doubling the previous year's results. Earnings per share for continuing operations totaled $1.30.
Altria initiated a nationwide rollout of on! PLUS nicotine pouches to 100,000 stores. This expansion signals a strategic pivot toward oral nicotine products for future growth. Negative market sentiment overshadowed these financial and operational gains.