Reynolds American reports Q3 net earnings of US$457M, up 8.8% from year-ago period as higher prices and lower expenses from legal settlement offset decline in cigarette sales; revenue rises 1% to US$2.14B
Nevin Barich
WINSTON-SALEM, North Carolina
,
October 22, 2013
(press release)
–
Reynolds American Inc. reported third-quarter net earnings of US$457 million, up 8.8% from the year-ago period as higher prices and lower expenses from a legal settlement offset a decline in cigarette sales. Revenue rose 1% to $2.14 billion.
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