James Bushnell
Vice President, Investor Relations and Financial Communication
Replay available
Philip Morris International Inc (NYSE: PM) Q2 2026 earnings conference call, held 2026-07-22. Replay captured from the company's public earnings webcast.

Vice President, Investor Relations and Financial Communication
Group Chief Financial Officer
Regional President for Europe; Group CFO-Designate
Managing Director & Senior Analyst, Goldman Sachs
Analyst, Stifel & Co
Analyst, Morgan Stanley
Analyst, UBS
Analyst, Barclays
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WEBVTT 00:00:00.051 -- 00:00:05.333 Good day, and thank you for standing by. Welcome to the Philip Morris International 00:00:05.333 -- 00:00:08.435 2026 Second Quarter Results. 00:00:08.435 -- 00:00:12.337 At this time, all participants are on a listen-only mode. 00:00:12.337 -- 00:00:17.119 After the speaker's presentation, we'll open up for questions with a limit of two questions 00:00:17.119 -- 00:00:22.621 per person before rejoining the queue. To ask a question during the session, 00:00:22.621 -- 00:00:25.482 you will need to press star 1-1 on your telephone. 00:00:25.482 -- 00:00:29.501 You will then hear an automated message advising your hand is raised. 00:00:29.501 -- 00:00:32.943 To withdraw your question, please press star 11 again. 00:00:32.943 -- 00:00:36.285 Please be advised that today's call is being recorded. 00:00:36.285 -- 00:00:40.828 I would now like to hand it over to our first speaker, James Bushnell, Vice President 00:00:40.828 -- 00:00:43.830 of Investor Relations and Financial Communication. 00:00:43.830 -- 00:00:46.250 Please go ahead. 00:00:46.591 -- 00:00:51.254 Welcome. Thank you for joining us. Earlier today, we issued a press release containing 00:00:51.254 -- 00:00:55.777 detailed information on our 2026 second quarter results. 00:00:55.777 -- 00:00:59.938 The press release is available on our website at PMI.com. 00:01:00.841 -- 00:01:05.362 A glossary of terms, including the definition for smoke-free products, as well as adjustments, 00:01:05.362 -- 00:01:10.024 other calculations, and reconciliations to the most directly comparable U.S. 00:01:10.024 -- 00:01:14.825 GAAP measures for non-GAAP financial measures cited in this presentation, are available 00:01:14.825 -- 00:01:19.907 in Exhibit 99.2 to the company's Form 8K, dated toda...