Risk factors
Altria Group (MO) risk factors
Item 1A of every Altria Group, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors23 risks3 new5 dropped13 reworded
Altria faces evolving consumer preferences driving cigarette volume declines and economic pressures shifting buyers toward discount brands. Packaging regulations targeting single-use plastics threaten supply costs and product availability. The Optimize & Accelerate initiative introduces business continuity and reporting risks from outsourcing.
Filed Feb 25, 2026 - FY2024 10-K risk factors25 risks
Heavy reliance on premium brands like Marlboro, Copenhagen, and Skoal creates vulnerability to macroeconomic pressures and volume declines.
Filed Feb 26, 2025