|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Altria’s (MO) 1Q16 gross margin rose to 58.6% compared to 57.9% in 1Q15.
Tobacco companies have been investing heavily in innovative products and other growth initiatives. This investment has impacted their margins.
Due to increased health consciousness, most of the tobacco companies’ 1Q16 cigarette shipment volumes have seen falls.