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CLAIM #43060 · Altria Group (MO) · 2026Q1 earnings call · Apr 30, 2026 · due Jun 30, 2026

Cow Boyd Cut, we will expand distribution later in the year, specifically later in the second quarter.

Sal Mancuso · CFO

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versus commitment · official band 5 percent
Committed
we will expand distribution later in the year, specifically later in the second quarter
Reported
We're really pleased with the early introduction of Cowboy Cut.

In context

point is going to hit, and we think we're starting to see signs that we hit that. That's why we've been after and really pushing the FDA to think of not only enforcement but authorization, and we think they can achieve much faster authorization by publishing product. Bonnie Herzog: Okay. That's helpful. And then just 1 other question, if I may, on Marlboro. You're rolling out cabo cuts soon. So maybe hoping for a little color on the rollout and maybe expected state allegations. And then could you provide a little color on how you're going to manage Kiboycut relative to say Marlboro Black in terms of pricing? And ultimately, I guess, how we should think about the contribution to profitability, how you're going to manage versus Marble Black, et cetera. Salvatore Mancuso: Sure, Bonnie. Yes, Cow Boyd Cut, we will expand distribution later in the year, specifically later in the second quarter. You should think of a cowboy cut a couple of ways. One is it's a tool within our RGM toolbox. It provides price-sensitive Marlboro consumers with an option, and we believe that's important. So you should expect it to be competitively priced. But of course, with RGM, you may see different price points depending on what where you're going. And also Cowboy Cut allows us to build on Marlboro's heritage during a time when the country celebrating its 250th anniversary. So it's also a benefit to Marvell's overall equity strength that you see in the marketplace. So we're really excited about. It's a terrific product, and you will see broader distribution as the quarter plays out. Operator: Next question comes from Andrei Andon with Jefferies. Andrei Andon-Ionita: Three for me, please. Number one,

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SEC filings for MO · Claim quote is verbatim from the 2026Q1 earnings call.