Volume for its smokeless tobacco brands that include Grizzly and Kodiak rose nearly 7 percent compared with a year ago. Its share of the U.S. retail market grew 0.9 percentage points to 32.2 percent.Reynolds American also kept its full-year adjusted earnings forecast in the range of $2.91 to $3.01 per share, which brackets analyst expectations.
Reynolds American 3Q Profit Up Nearly 7 Percent
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts