Growing health concerns and regulatory barriers on cigarette consumption have led several tobacco companies to focus on expanding low-risk offerings. Altria Group, Inc. MO has also been gaining from growth in its oral tobacco category and other reduced risk products (RRPs). Moreover, prudent pricing strategies are supporting the company’s top-line performance, as witnessed during fourth-quarter 2020. That said, let’s get a closer look at the factors supporting this well-known tobacco player. Load Error Low Risk Products are Gaining Popularity Altria is striving to boost presence in the RRPs arena. These products are being widely accepted owing to their less detrimental impacts on health. Not... [Read more]