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Thread: Cigarette Sales in Freefall

  1. #1
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    Cigarette Sales in Freefall

    Now, let's all shed a collective tear for the poor tobacco companies. LOL

    Cigarette sales

    3Q13 reports show more smokers switching to far less hazardous e-cigs and smokeless tobacco (ST).

    Altria reports 3.6% decline in cigarette volume in US during first three quarters of 2013, 6.0% increase in smokeless tobacco volume:
    Altria - Investors - Press Release

    Reynolds American reports 6.3% decline in RJ Reynolds cigarette volume in US during first three quarters of 2013, 6.0% increase in American Snuff's moist snuff volume:
    http://files.shareholder.com/downloa...ings_on_strong

    Lorillard reports $177 million in e-cigarette sales in US during first three quarters of 2013 (up from $22 million in a year ago), and 0.2% decline in cigarette volume in US:
    Lorillard Investor Relations News

    British American Tobacco reports cigarette volume decline of 3.2% during first three quarters of 2013, including declines in Brazil, Russia, Turkey, Ukraine, Egypt and Western Europe:
    British American Tobacco - Interim Management Statement for the 9 months ended 30 September 2013

    Philip Morris International reports overall cigarette volume decline of 7.9% in EU for first three quarters of 2013, reports PMI cigarette volume declines of 7% in EU, 7.2% in Asia, 3.4% in Latin America & Canada, 2.8% in Eastern Europe, Middle East & Africa:
    PMI.com News Release October 17, 2013
    Bill Godshall Update 2013-10-24

  2. #2
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    Now watch the anti ecig media ramp up!!!! I knew there was a "monetary" reason behind this latest media push to scare people away from ecigs. GAWD how people can still be naive about the agenda of BT and governments that feed off them, I seriously don't know. Connect the dots people!
    All opinions expressed by me, are my own, I do not represent, or speak for, anyone but myself.






    STOPPED SMOKING 11/08/13 STARTED VAPING 11/08/13

  3. #3
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    Quote Originally Posted by spud View Post
    Now watch the anti ecig media ramp up!!!! I knew there was a "monetary" reason behind this latest media push to scare people away from ecigs. GAWD how people can still be naive about the agenda of BT and governments that feed off them, I seriously don't know. Connect the dots people!
    You Betcha! Ecig sales are tipped to hit close to $2 billion by years end in the US alone. This growth cannot be ignored by BT and other vested parties.
    GirlyPantz and spud like this.

  4. #4
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    Yet BT profits keep growing in the rest of the world. While sales are dropping in developed countries, unfortunately they are increasing in developing countries.
    GirlyPantz likes this.

    $3642 Spent on Vaping

 

 

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