Philip Morris USA Increases Cigarette & Snus Prices

 

(CSN) RICHMOND, Va. — Altria Group Inc.'s Philip Morris USA (PM USA) division instituted a 7-cent-per-pack increase, or 70 cents per carton, across all of its core cigarette brands, as well as a 7-cent-per-tin increase on Marlboro snus, according to a Wells Fargo Securities LLC report. The increase equates to a more than 2-percent price hike and will be effective with shipments on or after May 17. Continued