Source: Richard Craver, WINSTON-SALEM JOURNAL, 8/22/17

R.J. Reynolds Tobacco Co. again outperformed its manufacturing rivals in traditional and electronic cigarette performance during the latest four-week measuring period by Nielsen, a market research company, that ended Aug. 12.
Bonnie Herzog, an analyst with Wells Fargo Securities, also said Tuesday that the effect of California’s $2 a pack increase in its tobacco excise tax is beginning to ease on the Big Three manufacturers’ sales volumes.

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