8-KEarnings & ResultsExhibits & Filings

Philip Morris International Inc. 8-K Report, Financial Results (Feb 8, 2024)

Filed February 8, 2024For Securities:PM

Summary

Philip Morris International Inc. (PM) has filed an 8-K report on February 8, 2024, announcing its financial results for the fourth quarter and full fiscal year ended December 31, 2023. The filing primarily serves to furnish the company's earnings press release and accompanying financial information, including a glossary of terms and non-GAAP reconciliations. Investors should refer to Exhibit 99.1 for the detailed financial results and Exhibit 99.2 for the comprehensive glossary and reconciliations. While this 8-K does not contain new operational or strategic disclosures beyond the earnings announcement, it is a crucial document for investors seeking to understand PM's performance and financial health as of year-end 2023. The provided exhibits will offer insights into revenue, earnings per share, segment performance, and other key financial metrics, as well as the company's methodology for reporting non-GAAP measures, which are often important for a holistic view of the company's business.

Key Highlights

  • 1Philip Morris International (PM) filed an 8-K on February 8, 2024, to report its Q4 and full-year 2023 financial results.
  • 2The report incorporates by reference the company's earnings press release (Exhibit 99.1).
  • 3Accompanying the press release is a glossary of key terms, definitions, notes, and non-GAAP financial reconciliations (Exhibit 99.2).
  • 4This filing is primarily for informational purposes regarding the company's financial performance.
  • 5Investors should consult the furnished exhibits for detailed financial results and definitions of non-GAAP measures.
  • 6The information is furnished, not deemed 'filed' for purposes of Section 18 of the Exchange Act, and not automatically incorporated into other filings unless expressly stated.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report and furnish Philip Morris International's financial results for the fourth quarter and the full fiscal year ended December 31, 2023, by incorporating its earnings press release.

The detailed financial results are provided in Exhibit 99.1, which is the company's press release dated February 8, 2024, incorporated by reference into this filing.

Exhibit 99.2 contains a glossary of key terms, definitions, explanatory notes, select financial information, and reconciliations of non-GAAP financial measures used by the company. This helps investors understand how PM calculates and presents its financial performance.

According to General Instruction B.2 of Form 8-K, the information in Item 2.02 and its exhibits (99.1 and 99.2) is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 or subject to the liabilities of that section, unless specifically incorporated by reference into another filing.