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Published in House and Home on Thursday, October 20th 2011 at 5:17 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
October 20, 2011 08:10 ET
Equity Research on Lorillard Inc. and Philip Morris International Inc. - Cigarette Sales Remain Consistent
NEW YORK, NY--(Marketwire - Oct 20, 2011) - [ www.shinesrooms.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Cigarettes industry and are offering free analytical research on Lorillard Inc. (
Cigarette sales have been recession resistant for the most part making several cigarette companies strong defensive plays for investors. Regulatory uncertainty, legal issues and a growing healthy living trend do pose a threat to sales though. Get your free reports on Lorillard Inc. and Philip Morris International Inc. at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.
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The consistency of the industry is evident in the past few quarters when consumer spending was weak and unemployment high. Lorillard Inc. saw net sales climb 11% in the fiscal second quarter over the prior year quarter. Gross profit did fall slightly low as the effects of a Federal Assessment for Tobacco Growers and higher Food and Drug Administration user fees weighed on margins slightly. Lorillard Inc. report is accessible for free by registering today at [ http://www.shinesrooms.com/LorillardInc201011.pdf ].
Similarly, Phillip Morris International Inc. has seen its net income rise for three consecutive quarters and revenue for four consecutive quarters. Philip Morris International Inc. report is accessible for free by registering today at [ http://www.shinesrooms.com/PhilipMorrisInternationalInc201011.pdf ].
Overall, despite the potential headwinds created by regulatory changes, court cases and healthier consumers, cigarette sales will likely remain steady and continue to provide steady revenue streams to several of the world's leading cigarette manufacturers.
The two Cigarettes stocks research reports are available for free by signing up now on [ www.shinesrooms.com ].
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