Altria Group, Inc.
Altria Group Files Annual Financial Statements
Summary
On February 1, 2024, Altria Group, Inc. filed its consolidated financial statements for the year ended December 31, 2023, including the balance sheets, statements of earnings, comprehensive earnings, stockholders' equity, and cash flows. These financial documents, along with the independent auditors' report and management's report on internal control over financial reporting, are also part of the company's Annual Report on Form 10-K.
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About Altria Group, Inc.
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.
Official SEC Documents
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