Press Release Details

RAI delivers exceptional 1Q16 performance; Results demonstrate transformational nature of Lorillard acquisition

Reynolds American Inc. (NYSE: RAI) today announced first-quarter 2016 reported EPS of $2.49, up 591.7 percent from the prior-year quarter, driven primarily by the gain on divestiture related to the sale of Natural American Spirit’s business outside the U.S., as well as higher pricing and volumes on both cigarettes and moist snuff.