Philip Morris Smoke-Free Shift Gathers Pace as Profit Rises

MarketsPhilip Morris Smoke-Free Shift Gathers Pace as Profit RisesFacebookXLinkedInEmailLinkGiftExpandZyn smokeless nicotine pouch at a convenience store in New York.Photographer: Bing Guan/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Jennifer CreeryApril 22, 2026 at 11:36 AM UTCBookmarkSavePhilip Morris International Inc.’s profit rose more than expected in the first quarter on sales of smoke-free products including heated tobacco and nicotine pouches.The seller of Marlboro cigarettes outside the US reported adjusted diluted earnings per share of $1.96 in the first quarter, ahead of analyst estimates.