Altria Group, Inc. Q3 2026 Earnings Recap

Altria shares rose 5.2% after earnings. The company raised its full-year adjusted EPS guidance, while third-quarter adjusted diluted EPS grew 4.8% and on! shipment volume increased 13.3%.

Key Takeaways

• on! shipped 47.8 million cans in the quarter, up 13.3%; year-to-date shipment volume rose 7.7%.
• on! retail share was 8.3%, up 0.1 percentage point year over year but down 0.3 sequentially, amid elevated competitive investment and higher retail prices.
• Nicotine pouches gained 5.8 share points in the third quarter and now make up more than 60% of the oral category.
• Helix expanded on! PLUS 12-milligram nationally and introduced two new flavors, with Watermelon Mint planned for select retailers in November.
• Altria announced a $1 billion expansion of its share repurchase program and raised its full-year earnings guidance; the transcript excerpt does not provide the revised guidance range.