British American Tobacco Plc’s growth in smoke-free products was dragged down by the prevalence of illicit vapes in the US market, pushing the cigarette maker to provide disappointing guidance for 2025.

British American Tobacco sales fall as ‘illicit single-use’ vapes hamper trading - Shares fell as much 9% as it revealed a slight decline in US vape sales, which it has touted as the future of the smoking industry.

British American Tobacco remains hopeful that President Trump's administration will address the growing issue of illegal vapes in the U.S. With billions at stake, major companies urge enforcement against unauthorized products that threaten legal market shares while anticipating potential market shifts if regulatory changes are enacted.

British American Tobacco has reported its results for 2024 this morning amid the company's shift to a smokeless world.

The British American Tobacco share price fell 8% this morning after the company posted its full-year results for 2024. Our writer considers its future. The post British American Tobacco shares plummet on disappointing FY24 results.

British American Tobacco (NYSE: BTI) stock got hit with a big sell-off Thursday. The tobacco giant's share price closed out the day down 7.3%, despite gains of 1.04% for the S&P 500 index in the daily session.

British American Tobacco shares fell sharply on Thursday after the group revealed a £6.2billion hit from a long-running legal spat in Canada.