<p>1 月 29 日（路透社）- 烟草公司奥驰亚集团（Altria，MO.N）在周四预测全年利润将高于分析师预期，这得益于其香烟和口腔烟草产品的提价。</p>
<p>该公司的股票在盘前交易中下跌约 2%。到 2025 年，奥驰亚的股票下跌约 10%。</p>
<p>奥驰亚及其竞争对手烟草公司一直在寻求吸烟替代品，如电子烟和尼古丁袋，以增加收入，因为健康问题抑制了香烟的使用。</p>
<p>但这一转型过程并不顺利，奥驰亚在新类别的尝试面临挫折，最近因专利争议，其 NJOY 电子烟品牌遭遇进口禁令。</p>
<p>奥驰亚预计 NJOY 将在 2026 年不会重返市场。它还预计，美国对未受监管的电子烟市场的打击措施对其影响有限，这些措施已经对奥驰亚及其同行的香烟和电子烟销售造成了伤害。</p>
<p>与此同时，其尼古丁袋品牌 On！的需求因来自竞争对手如英美烟草（British American Tobacco，BATS.L）的 Velo 的竞争加剧而放缓。</p>
<p>随着奥驰亚传统烟草产品销售的下降，以及奥驰亚在推动电子烟等新产品销售方面的努力，提价仍然是保持利润率的关键手段。</p>
<p>该公司预计 2026 年的调整后每股收益为 5.56 至 5.72 美元，其中的中位数高于分析师的 5.58 美元预期，数据来源于 LSEG。</p>
<p>这家位于弗吉尼亚州里士满的公司报告第四季度调整后每股收益为 1.30 美元，略低于分析师预期的 1.32 美元。</p>
<p>其可吸烟产品的收入下降了 2.7%，而香烟的季度出货量下降了 7.9%。</p>
<p>奥驰亚的首席执行官比利·吉福德（Billy Gifford）将在担任首席执行官超过五年后于 5 月退休。他将由首席财务官萨尔瓦托雷·曼库索（Salvatore Mancuso）接任。</p>

VICE

奥驰亚集团

<p>Jan 29 (Reuters) - Tobacco company Altria (MO.N) forecast full-year profit above analysts’ estimates on Thursday, on the back of price hikes for its cigarette and oral tobacco products.</p>
<div class="lb-trans"><p>1 月 29 日（路透社）- 烟草公司奥驰亚集团（Altria，MO.N）在周四预测全年利润将高于分析师预期，这得益于其香烟和口腔烟草产品的提价。</p>
</div><p>The company’s shares were down about 2% in premarket trading. In 2025, Altria shares were down about 10%.</p>
<div class="lb-trans"><p>该公司的股票在盘前交易中下跌约 2%。到 2025 年，奥驰亚的股票下跌约 10%。</p>
</div><p>Altria and rival tobacco companies have looked to smoking alternatives such as vapes and nicotine pouches to shore up revenue as health concerns curb cigarette use.</p>
<div class="lb-trans"><p>奥驰亚及其竞争对手烟草公司一直在寻求吸烟替代品，如电子烟和尼古丁袋，以增加收入，因为健康问题抑制了香烟的使用。</p>
</div><p>But the transition has been bumpy, with Altria’s foray into new categories facing setbacks, most recently an import block on its NJOY e-cigarette brand over a patent dispute.</p>
<div class="lb-trans"><p>但这一转型过程并不顺利，奥驰亚在新类别的尝试面临挫折，最近因专利争议，其 NJOY 电子烟品牌遭遇进口禁令。</p>
</div><p>Altria does not expect NJOY to return to the marketplace in 2026. It also expects limited impact from efforts to crack down on a booming market for unregulated vapes in the U.S., which have hurt both cigarette and e-cigarette sales at Altria and peers alike.</p>
<div class="lb-trans"><p>奥驰亚预计 NJOY 将在 2026 年不会重返市场。它还预计，美国对未受监管的电子烟市场的打击措施对其影响有限，这些措施已经对奥驰亚及其同行的香烟和电子烟销售造成了伤害。</p>
</div><p>Demand for its nicotine pouch label On!, meanwhile, has slowed amid growing competition from rivals such as British American Tobacco’s (BATS.L) Velo.</p>
<div class="lb-trans"><p>与此同时，其尼古丁袋品牌 On！的需求因来自竞争对手如英美烟草（British American Tobacco，BATS.L）的 Velo 的竞争加剧而放缓。</p>
</div><p>With sales of Altria’s traditional tobacco products in decline and Altria battling to grow sales of newer products such as vapes, price hikes have remained a key lever to preserve margins.</p>
<div class="lb-trans"><p>随着奥驰亚传统烟草产品销售的下降，以及奥驰亚在推动电子烟等新产品销售方面的努力，提价仍然是保持利润率的关键手段。</p>
</div><p>The company expects annual adjusted earnings of $5.56 to $5.72 per share for 2026, the midpoint of which is higher than analysts’ estimate of $5.58, as per LSEG data.</p>
<div class="lb-trans"><p>该公司预计 2026 年的调整后每股收益为 5.56 至 5.72 美元，其中的中位数高于分析师的 5.58 美元预期，数据来源于 LSEG。</p>
</div><p>The Richmond, Virginia-based company reported adjusted earnings of $1.30 per share for the fourth quarter, slightly lower than analysts’ estimates of $1.32 per share.</p>
<div class="lb-trans"><p>这家位于弗吉尼亚州里士满的公司报告第四季度调整后每股收益为 1.30 美元，略低于分析师预期的 1.32 美元。</p>
</div><p>Its smokeable product revenue was down 2.7%, while the quarterly shipment volume for cigarettes fell 7.9%.</p>
<div class="lb-trans"><p>其可吸烟产品的收入下降了 2.7%，而香烟的季度出货量下降了 7.9%。</p>
</div><p>Altria’s CEO Billy Gifford will retire in May after more than five years at the helm. He will be succeeded by finance chief Salvatore Mancuso.</p>
<div class="lb-trans"><p>奥驰亚的首席执行官比利·吉福德（Billy Gifford）将在担任首席执行官超过五年后于 5 月退休。他将由首席财务官萨尔瓦托雷·曼库索（Salvatore Mancuso）接任。</p>
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万宝路制造商奥驰亚集团在提价后预测 2026 年利润将超出预期