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This analysis identifies significant changes in trend (inflection points) and estimates the session percent change (SPC) for each segment, as well as the average session percent change (ASPC) for the entire series when multiple segments are present

Managements 3 to 5% revenue growth target appears optimistic given regulatory risks, cannibalization, uncertain market growth, and lack of clear competitive advantages in key smokeless categories

Thomas explained

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Economists predict that money that would have been spent on tobacco products will be spent on other things, thus wont disappear from the economy