CLAIM #43016 · Altria Group (MO) · 2025Q2 earnings call · Jul 30, 2025 · due Dec 31, 2028
“We still have that as a goal of the way we're managing our business, Bonnie. And when you think about it, it's a mid-single-digit CAGR across that period.”
Billy Gifford · CEO
How to check this claim
Look at: Adjusted diluted EPS growth, cumulative annual growth rate (CAGR) from FY2023/FY2024 base year through FY2028
It came true if: EPS CAGR over the period falls within 4%-6% (mid-single-digit)
Where: Company adjusted EPS figures disclosed in quarterly earnings releases and 10-K filings (FY2028 10-K / Q4 FY2028 call)
In context
“he devices that they're using, even though they may be coming to the U.S. illicitly, and have those, I guess, desirable traits in our pipeline of products. And so more to share in the future on that as well. Operator: Our next question is from Bonnie Herzog of Goldman Sachs. Bonnie Lee Herzog: I had a follow-up question, I guess, on your guidance, especially, I guess, given the lapping of the legal fee elimination in Q4. I guess -- how are you feeling about your ability to deliver on your long-term EPS growth algo of mid-single digits through FY '28. I mean it does imply that growth will need to step up quite a bit in the next few years. So hoping maybe Billy to get your perspective on this and how confident you are that you're going to be able to deliver on that? William F. Gifford: Yes. We still have that as a goal of the way we're managing our business, Bonnie. And when you think about it, it's a mid-single- digit CAGR across that period. You saw the results from the first half of this year. We're very pleased with the results, even in a challenging environment based on the -- as Sal had mentioned, the macroeconomics. Look, our consumer is still under strain, economic strain. We feel like we made some very disciplined and smart moves in the marketplace to help the consumer with that. And from a standpoint of the consumer themselves, as Sal mentioned gas prices they stabilized and even slightly down, but they're at, call it, around $3 a gallon across the U.S., that's still fairly high. But what we're seeing is what we've seen historically is if things are stagnant for a period of time, they don't necessarily always have to decrease, our consumer can start getting comfortable with their situation. And because of the loyalty”
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SEC filings for MO ↗ · Claim quote is verbatim from the 2025Q2 earnings call.