Tobacco Update - Featuring Nik Modi and Joe Teller 11-11-15
It had become a mantra—cigarette sales will decline each year by 3% to 4%.
But something has happened in 2015. Instead of declining or perhaps staying flat, cigarette sales are growing.
Is this just a blip or are we seeing a reversal in fortunes for the industry’s single largest category?
In our 2ndTobacco Update webinar of the year, RBC Capital Markets | Equity Research tobacco analyst Nik Modi will offer his thoughts into the cigarette business and how convenience operators should respond.