A look at Altria’s 2Q results by segment; Marlboro takes more of market

A look at Altria’s 2Q results

Altria Group Inc. reported its second-quarter results on Wednesday. Here’s a look by segment:

CIGARETTES: Excluding excise taxes, revenue decreased 5.8 percent to $3.7 billion; volume fell 10.2 percent to 36.5 billion cigarettes.

MARLBORO: Gained 1.6 points of market share to end up with a record 42.8 percent of the U.S. market. But its other brands, including Virginia Slims, Parliament and Basic, lost market share.

SMOKELESS TOBACCO: Revenue grew 4 percent to $363 million; volume, including Copenhagen and Skoal brands, increased 9.2 percent to 181.9 million cans and packs.

CIGARS: Revenue jumped 35 percent to $100 million; volume on brands like Black & Mild grew 19.7 percent to 323 million units.

WINE: Revenue grew 14.6 percent to $102 million; volume on brands like Chateau Ste. Michelle grew 10 percent to 1,582 cases.