July 22 (Reuters) – Philip Morris beat Wall Street estimates for second-quarter sales on Wednesday, helped by strong demand for smoke-free products following recent regulatory approval for its Zyn nicotine pouches.
Quarterly revenue rose 10.4% to $11.19 billion, compared with analysts’ estimate of $10.63 billion, according to data compiled by LSEG.
(Reporting by Neil J Kanatt in Bengaluru and Emma Rumney in London; Editing by Devika Syamnath)
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