The Bottom Line: RJR Nabisco by the Numbers
- 13%
- Camel's market share among U.S. youth
- 4%
- Camel's market share among U.S. adults
- 3 : 1
- Ratio of cigarette advertising's effect on kids to its effect
on adults
- $32,413,000
- RJR Nabisco's U.S. advertising budget for Camel cigarettes in 1994
- $28,6000,000
- RJR Nabisco operating profit from illegal sales to U.S. youth in 1995
- 0
- States suing RJR Nabisco and other tobacco corporations to recover
costs of treating tobacco-related illnesses, as of April 1994
- 7
- States suing RJR Nabisco and other tobacco corporations to recover
costs of treating tobacco-related illnesses as of April 1996
- 6,000
- RJR Nabisco layoffs announced in late 1993
- $5,061,000
- Salary and bonus paid to former RJR Nabisco CEO Charles "Mike" Harper
in 1994 (excluding $5.5 million for reimbursed taxes and $2.1 million
insurance premium)
- 6%
- decline in Nabisco's U.S. operating profit in 1995, the first year of an
INFACT boycott -- in contrast to Nabisco CEO John Greeniaus' rosy projection
that "this company's real glory years still lie ahead. . . . No food company
has more new product momentum"
- 50.4%
- RJR Nabisco shareholders favoring an immediate spinoff of the
Nabisco food business in a nonbinding resolution in early 1996
RJR Nabisco's Real Market Share
Based on RJR Nabisco's 27% share of the U.S. cigarette market, the
nation's #2 tobacco company:
- Shelled out $1.63 billion in 1993 to advertise and promote its
cigarettes in the U.S. alone;
- Addicts 270,000 new teen smokers in the U.S. each year, 90,000 of
whom will die from tobacco-related illnesses;
- Is responsible for $13.5 billion annually in U.S. health care costs
to treat tobacco-related illnesses.
Sources: Available upon request
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