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Altria says counterfeit e-vape products are hurting its business outlook - MarketWatch

1. Altria faces challenges from counterfeit products in the vape market. 2. Fourth-quarter earnings narrowly beat Wall Street projections, up 48% to $3.04 billion. 3. Illicit products now represent over 60% of the e-vapor category. 4. Altria reassesses 2028 business projections due to a challenging operating environment. 5. Adjusted 2025 earnings forecast slightly above FactSet consensus estimate.

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FAQ

Why Bearish?

Counterfeit competition may hinder growth, affecting future earnings potential, as seen previously in declining tobacco sales.

How important is it?

The challenges and projections outlined significantly affect Altria's market position and outlook.

Why Long Term?

Continued regulatory challenges could sustain pressure on growth strategies, similar to persistent issues faced in previous years.

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