Swedish Match

Schlesinger Law Offices, P.A. Fights for Teens Against the Manufactures of ZYN in Class Action Lawsuit

Retrieved on: 
Wednesday, March 6, 2024

Philip Morris International, the international distributor of Marlboro, the world's most popular cigarette, acquired ZYN in 2022.

Key Points: 
  • Philip Morris International, the international distributor of Marlboro, the world's most popular cigarette, acquired ZYN in 2022.
  • The lawsuit was filed in federal court in San Diego, CA.
  • ZYN, by far, dominates the market of oral nicotine pouches with around 70% market share.
  • The lawsuit claims ZYN provides users with enough nicotine to create and sustain addiction and is advertised to hook kids to ZYN while hiding the harms associated with its use.

PMI and BAT Announce Global Patent Settlement

Retrieved on: 
Friday, February 2, 2024

Philip Morris International Inc (PMI) (NYSE: PM) is pleased to announce that it has reached a global settlement with British American Tobacco p.l.c.

Key Points: 
  • Philip Morris International Inc (PMI) (NYSE: PM) is pleased to announce that it has reached a global settlement with British American Tobacco p.l.c.
  • (BAT) that resolves all ongoing patent infringement litigation between the parties related to our heated tobacco and vapor products.
  • Patent protection is a critical component of the innovation driving PMI’s strategies and the company welcomes this settlement as the best path forward for its business plans.
  • The settlement includes non-monetary provisions between PMI and BAT that resolve all ongoing global patent infringement litigation, encompassing all related injunctions and exclusion orders, and prevents future claims against current heated tobacco and vapor products.

Philip Morris International to Host Webcast of 2023 Fourth-Quarter and Full-Year Results

Retrieved on: 
Thursday, February 1, 2024

Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2023Q4earnings on Thursday, February 8, 2024, at 9:00 a.m.

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2023Q4earnings on Thursday, February 8, 2024, at 9:00 a.m.
  • ET, to discuss its 2023 Fourth-Quarter and Full-Year financial results, which will be issued at approximately 7:00 a.m.
  • An archived recording of the webcast, in addition to the slides and script, will be available at www.pmi.com/2023Q4earnings .
  • Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector.

Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.30 Per Share

Retrieved on: 
Thursday, December 7, 2023

The Board of Directors of Philip Morris International Inc. (NYSE: PM) today declared a regular quarterly dividend of $1.30 per common share, payable on January 10, 2024, to shareholders of record as of December 21, 2023.

Key Points: 
  • The Board of Directors of Philip Morris International Inc. (NYSE: PM) today declared a regular quarterly dividend of $1.30 per common share, payable on January 10, 2024, to shareholders of record as of December 21, 2023.
  • For more details on stock, dividends and other information, see www.pmi.com/dividend .
  • Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector.
  • For more information, please visit www.pmi.com and www.pmiscience.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20231206692360/en/

Philip Morris International Inc. Presents at 2023 Morgan Stanley Global Consumer & Retail Conference

Retrieved on: 
Tuesday, December 5, 2023

In the event that risks or uncertainties materialize, or underlying assumptions prove inaccurate, actual results could vary materially from those contained in such forward-looking statements.

Key Points: 
  • In the event that risks or uncertainties materialize, or underlying assumptions prove inaccurate, actual results could vary materially from those contained in such forward-looking statements.
  • Future results are also subject to the lower predictability of our reduced-risk product category's performance.
  • PMI cautions that the foregoing list of important factors is not a complete discussion of all potential risks and uncertainties.
  • Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector.

Philip Morris International Submits Applications to Commercialize IQOS ILUMA Tobacco Heating System to U.S. Food and Drug Administration

Retrieved on: 
Friday, October 20, 2023

Philip Morris International Inc. (PMI) (NYSE: PM) on October 20 submitted Premarket Tobacco Product Applications (PMTAs) and Modified Risk Tobacco Product Applications (MRTPAs) for IQOS ILUMA heated tobacco products with the U.S. Food and Drug Administration (FDA).

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) on October 20 submitted Premarket Tobacco Product Applications (PMTAs) and Modified Risk Tobacco Product Applications (MRTPAs) for IQOS ILUMA heated tobacco products with the U.S. Food and Drug Administration (FDA).
  • A PMTA marketing order is required to commercialize any new tobacco product in the United States.
  • Internationally, IQOS ILUMA products have demonstrated how ground-breaking consumer-centric innovation can lead more adults to stop smoking.
  • The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS Platform 1 devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products.

The Best of What's New CSP Announces Winners of 2023 Retailer Choice Best New Product Contest

Retrieved on: 
Wednesday, October 4, 2023

CHICAGO, Oct. 4, 2023 /PRNewswire/ -- CSP is excited to announce the winners of its 20th annual Retailer Choice Best New Product Contest.

Key Points: 
  • CHICAGO, Oct. 4, 2023 /PRNewswire/ -- CSP is excited to announce the winners of its 20th annual Retailer Choice Best New Product Contest.
  • Hundreds of convenience retailers voted in this year's competition, choosing winners from CPG manufacturers large and small.
  • Awards will be presented to the contest winners during the NACS Show convention and tradeshow Oct. 3-6 in Atlanta.
  • Hershey Co.'s Reese's Dipped Animal Crackers are bite-sized animal crackers covered in peanut butter candy and dipped in milk chocolate.

Philip Morris International Joins We Card Retailer Support Program

Retrieved on: 
Tuesday, October 3, 2023

Philip Morris International Inc. (PMI) (NYSE: PM) today announced that it has joined The We Card Program, Inc., a national nonprofit serving the nation’s retailers of age-restricted products.

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) today announced that it has joined The We Card Program, Inc., a national nonprofit serving the nation’s retailers of age-restricted products.
  • “We Card is pleased to have Swedish Match join our Manufacturer Advisory Council.
  • To date, we are the only international tobacco company committed to ending cigarettes, the most harmful form of nicotine consumption, and we look forward to replicating our international success in the United States.
  • Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector.

Yesway's Texas Strong Fundraising Campaign Achieves $200,000 Charitable Donation Goal in Partnership with Supplier Partners and Customers

Retrieved on: 
Wednesday, August 23, 2023

FORT WORTH, Texas, Aug. 23, 2023 /PRNewswire/ -- Yesway, one of the country's fastest-growing convenience store chains, today announced that through the generosity of its supplier partners, and loyal Yesway and Allsup's customers and employees, it has achieved the $200,000 goal it had set for its latest Texas Strong fundraising campaign.

Key Points: 
  • Donations will benefit local charities and civic organizations in Matador, Hawley, and Perryton, Texas, whose communities were tragically impacted by recent tornadoes.
  • FORT WORTH, Texas, Aug. 23, 2023 /PRNewswire/ -- Yesway , one of the country's fastest-growing convenience store chains, today announced that through the generosity of its supplier partners, and loyal Yesway and Allsup's customers and employees, it has achieved the $200,000 goal it had set for its latest Texas Strong fundraising campaign.
  • Their generosity, passion, and hard work will make a tangible difference in the lives of those impacted by these recent events.
  • Among the civic organizations and local charities who will be beneficiaries of Yesway's Texas Strong fundraising campaign are:

New Study by KPMG Reveals Alarming Levels of Illicit Cigarettes in the EU, with France Accounting for Almost Half of the Consumption

Retrieved on: 
Wednesday, June 28, 2023

Countries such as Belgium, Denmark, France, and Germany are witnessing a growth in cigarette seizures and raids on clandestine manufacturing operations.

Key Points: 
  • Countries such as Belgium, Denmark, France, and Germany are witnessing a growth in cigarette seizures and raids on clandestine manufacturing operations.
  • Excluding France, overall illicit consumption in the remaining markets in the study declined by 7.5%, largely due to decreases in Greece, the Netherlands, Portugal, and Romania.
  • Particularly, in countries like Poland and Romania, illicit consumption reached the lowest-ever incidence since KPMG began publishing its annual studies.
  • The KPMG report estimates the size and scale of illicit cigarette consumption, known as counterfeit & contraband (C&C), which includes illicit whites.