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Margins in the cigarette segment, however, slipped to a multi-quarter low of 59.9%, contracting 163 basis points YoY due to the consumption of high-cost leaf inventory

While 60 per cent of non-smokers supported the notion of no-freedom-of-choice, 52 per cent of smokers felt that the choice of consumption lied with them

He's no longer alive, but Jim told me once while we were sitting at a pool in Tucson, he said, "You know who really loves you is the Coen brothers." And I said, "Yeah, right." And he said, "No, one of these days they are going to write something for you." And I just passed it off

Gift milder varieties to someone you know is a novice but enjoys smoking

Urban consumers with higher MPCE levels are more likely to allocate a portion of their income toward higher value lifestyle products that signal status and quality