The legacy combustible business still pulled its weight, with revenues up 6.7% thanks largely to pricing, which helped offset flattish volumes and supported a 10.1% increase in overall gross profit as PMI leaned on both strategic pricing and operating leverage
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Those who are still in the process include New Zealand, Ireland, Norway, Canada, Slovenia Uruguay and Thailand among others
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Duty-free shopping usually makes the most financial sense when travelers can buy items or goods not available in their home country or when there are significant discounts