VGR - Earnings announcements

Montego maintains position as largest discount brand in the U.S. Second Quarter 2024 Highlights: Consolidated revenues of $371.9 million, up 1.7% or $6.3 million compared to the prior year period. Tobacco segment wholesale market share increased to 5.7% from 5.4% in the prior year period and retail market share remained at 5.8%, unchanged from the prior year period. Montego wholesale and retail market share both increased to 4.1% from 3.4% and 3.5%, respectively, in the prior year period. Operating income of $97.8 million, up 36.5% or $26.1 million compared to the prior year period. Tobacco segment operating income of $102.9 million, up 37.0% or $27.8 million compared to t

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its second quarter 2024 results on Thursday, August 1, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/50954. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on August 1, 2024 through August 15, 2024 at https://www.webcaster4.com/Webcast/Page/2271/50954. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.

Continued Strong Earnings Growth in Tobacco Segment First Quarter 2024 Highlights: Consolidated revenues of $324.6 million, down 2.9% or $9.6 million compared to the prior year period. Tobacco segment revenues of $324.6 million, down 2.9% or $9.6 million compared to the prior year period. Tobacco segment wholesale market share declined to 5.6% from 5.7% in the prior year period and retail market share remained at 5.8%, unchanged from the prior year period. Montego wholesale market share increased to 3.9% from 3.3% in the prior year period and retail market share increased to 4.0% from 3.4% in the prior year period. Reported operating income of $77.8 million, up 4.7% or $3

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its first quarter 2024 results on Thursday, May 2, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/50471. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on May 2, 2024 through May 16, 2024 at https://www.webcaster4.com/Webcast/Page/2271/50471. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com. View

Montego maintains position as largest discount brand in the U.S. Fourth Quarter 2023 Highlights: Consolidated revenues of $360.4 million, down 0.9% or $3.4 million compared to the prior year period. Tobacco segment wholesale market share increased to 5.7% from 5.5% in the prior year period and retail market share remained at 5.8% in the current period. Montego wholesale market share increased to 3.8% from 3.0% in the prior year period and retail market share increased to 3.8% from 3.2% in the prior year period. Operating income of $91.6 million, up 2.6% or $2.3 million compared to the prior year period. Tobacco segment operating income of $98.1 million, up 5.6% or $5.2 mil

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its fourth quarter and full year 2023 results on Wednesday, February 14, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/49823. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on February 14, 2024 through February 28, 2024 at https://www.webcaster4.com/Webcast/Page/2271/49823. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's websi

Montego becomes the largest U.S. discount brand Third Quarter 2023 Highlights: Consolidated revenues of $364.1 million, down 3.7% or $13.9 million compared to the prior year period. Tobacco segment wholesale market share declined to 5.3% from 5.7% in the prior year period and retail market share increased to 5.9% from 5.7% in the prior year period. Montego wholesale market share increased to 3.5% from 2.8% in the prior year period and retail market share increased to 3.8% from 2.8% in the prior year period. Operating income of $90.5 million, up 7.9% or $6.6 million compared to the prior year period. Tobacco segment operating income of $94.8 million, up 7.6% or $6.7 million

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its third quarter 2023 results on Thursday, November 2, 2023 at 8:30 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/49284. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on November 2, 2023 through November 16, 2023 at https://www.webcaster4.com/Webcast/Page/2271/49284. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGrou

Tobacco segment continues to benefit from Montego brand strategy Second Quarter 2023 Highlights: Consolidated revenues of $365.7 million, down 5.6% or $21.5 million compared to the prior year period. Tobacco segment revenues of $365.7 million, down 2.3% or $8.7 million compared to the prior year period. Tobacco segment wholesale and retail market share increased to 5.4% and 5.8% from 5.3% and 5.5%, respectively, in the prior year period. Operating income of $71.6 million, down 21.0% or $19.1 million compared to the prior year period. Tobacco segment operating income of $75.1 million, down 15.0% or $13.2 million compared to the prior year period. The decline resulted from a

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its second quarter 2023 results on Friday, August 4, 2023 at 8:30 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/48791. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on August 4, 2023 through August 18, 2023 at https://www.webcaster4.com/Webcast/Page/2271/48791. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.co

Continued Strong Revenue Growth in Tobacco Segment with First Quarter Tobacco Segment Revenues Increasing by 8% from Prior Year Period First Quarter 2023 Highlights: Consolidated revenues of $334.1 million, up 7.1% or $22.1 million compared to the prior year period. Tobacco segment revenues of $334.1 million, up 8.1% or $25.1 million compared to the prior year period. Tobacco segment wholesale and retail market share increased to 5.7% and 5.8% from 5.2% and 5.2%, respectively, in the prior year period. Reported operating income of $74.3 million, down $0.8 million compared to the prior year period. Tobacco segment operating income of $78.6 million, up 1.2% or $1.0 million c

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its first quarter 2023 results on Tuesday, May 9, 2023 at 8:30 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/48350. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on May 9, 2023 through May 23, 2023 at https://www.webcaster4.com/Webcast/Page/2271/48350. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com. View

Record Annual Tobacco Segment Revenues Fueled by Continued Strong Volume Fourth Quarter 2022 Highlights: Consolidated revenues of $363.8 million, up 16.0% or $50.1 million compared to the prior year period. Tobacco segment revenues of $363.8 million, up 18.6% or $57.2 million compared to the prior year period. Tobacco segment wholesale and retail market share increased to 5.5% and 5.8% from 4.4% and 4.4%, respectively, in the prior year period. Reported operating income of $89.3 million, up $20.7 million compared to the prior year period. Tobacco segment operating income of $93.0 million, up 11.0% or $9.2 million compared to the prior year period, primarily attributable to the

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its fourth quarter and full year results on Thursday, February 16, 2023 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/47624. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on February 16, 2023 through March 2, 2023 at https://www.webcaster4.com/Webcast/Page/2271/47624. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.Vecto

Tobacco Segment Revenues Set Quarterly Record Fueled by Continued Strong Volume Third Quarter 2022 Highlights: Consolidated revenues of $378.0 million, increased by 26.6% or $79.5 million compared to the prior year period Tobacco segment revenues of $378.0 million are a quarterly record and increased by 26.9% compared to the prior year period. Tobacco segment unit volume increase of 30.1% compared to the prior year period. Liggett's wholesale and retail market share increased to 5.7% and 5.7% from 3.9% and 4.2%, respectively, in the prior year period. Reported net income attributed to Vector Group Ltd. of $38.9 million or $0.25 per diluted common share, compared to $48.9 millio

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its third quarter results on Wednesday, November 2, 2022 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/46710. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on November 2, 2022 through November 16, 2022 at https://www.webcaster4.com/Webcast/Page/2271/46710. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.co

Achieved Approximate 15% Increase in Revenues Fueled by Continued Strong Volume and Market Share Growth Second Quarter 2022 Highlights: Consolidated revenues of $387.2 million, increased by 14.7% or $49.6 million compared to the prior year period Tobacco Segment revenues of $374.3 million, increased by 13.6% compared to the prior year period. Tobacco Segment unit volume increase of 16.2% compared to the prior year period. Liggett's wholesale and retail market share increases to 5.3% and 5.5% from 4.2% and 4.1%, respectively, in the prior year period. Reported net income of $39.2 million or $0.25 per diluted common share, compared to $93.3 million or $0.60 per diluted common sha

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its second quarter results on Friday, August 5, 2022 at 8:30 a.m. (ET). Investors can access the call by dialing 800-420-1271 and entering 63108 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/46299. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends on August 5, 2022 through August 19, 2022. To access the replay, dial 800-925-9627 and enter 63108 as the conference ID number. The archived webcast will also be available at https://ww

Continued Strong Revenue Growth in Tobacco Segment, with First Quarter Tobacco Segment Revenues Increased by 15% from Prior Year Period   First Quarter 2022 Highlights: Consolidated revenues of $312.0 million, increased by 15.1% or $41.1 million compared to the prior year period Tobacco Segment revenues of $309.0 million, increased by 15.1% compared to the prior year period. Tobacco Segment unit volume increase of 18.7% compared to the prior year period. Liggett's wholesale and retail market share increases to 5.2% from 3.9% and 4.2%, respectively, in the prior year period. Reported net income attributed to Vector Group of $32.5 million or $0.21 per diluted common share, compa

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its first quarter results on Tuesday, May 10, 2022 at 8:30 a.m. (ET). Investors can access the call by dialing 800-420-1271 and entering 43785 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/45487. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends on May 10, 2022 through May 24, 2022. To access the replay, dial 888-566-0161 and enter 43785 as the conference ID number. The archived webcast will also be available at https://www.webca

Continued Strong Earnings Momentum in Tobacco Segment, with Full Year Tobacco Segment Operating Income up 13% vs. Prior Year Douglas Elliman Inc. Business Accounted for as Discontinued Operations for all Periods Presented, Excluded from Adjusted Results Fourth Quarter 2021 Highlights: Consolidated revenues of $313.7 million, up 9% or $26.5 million compared to the prior year period Reported net income attributed to Vector Group of $45.3 million or $0.29 per diluted share, up $13.1 million compared to the prior year period; Adjusted Net Income from Continuing Operations of $41.4 million or $0.26 per diluted share, up $19.3 million compared to the prior year period Reported operating i

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its fourth quarter and full-year 2021 results on Tuesday, March 1, 2022 at 4:30 p.m. (ET). Investors can access the call by dialing 800‑420‑1271 and entering 765218 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/44736. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends on March 1, 2022 through March 15, 2022. To access the replay, dial 888-269-5324 and enter 765218 as the conference ID number. The archived webcast will also be avai

Record High Quarterly Revenues and Robust Operating Income Continued Strong Earnings Momentum in Tobacco and Real Estate Segments Company Separately Announces Plan to Spin-Off Douglas Elliman Third Quarter 2021 Highlights: Consolidated revenues of $652.6 million, up 19% or $104.8 million compared to the prior year period Real Estate segment revenues of $354.7 million, up 55% or $125.7 million compared to the prior year period Douglas Elliman's closed sales volume of $12.6 billion, up 62% or $4.8 billion compared to the prior year period Reported net income attributed to Vector Group of $48.9 million or $0.32 per diluted share, up $10.8 million compared to the prior year period;

Vector Group Ltd. (NYSE:VGR) ("Vector Group") today announced that Douglas Elliman Inc. ("Douglas Elliman") plans to file a Form 10 registration statement (the "Form 10") with the United States Securities and Exchange Commission ("SEC") in connection with its intended spin-off into a standalone, publicly traded company. The Form 10 will include detailed information about Douglas Elliman, including historic financial information, a description of Douglas Elliman's business and strategy and other legal and financial disclosures. Douglas Elliman is one of the largest residential brokerage companies in the New York metropolitan area, which includes New York City, Long Island, Westchester and t

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its third quarter 2021 results on Monday, November 8, 2021 at 5:00 p.m. (ET). Investors can access the call by dialing 877-271-1828 and entering 43234619 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/43402. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends November 8, 2021 through November 22, 2021. To access the replay, dial 877-656-8905 and enter 43234619 as the conference ID number. The archived webcast will also be available

Vector Group Ltd. (NYSE:VGR) will conduct a conference call and webcast to discuss its second quarter 2021 results on Thursday, August 5, 2021 at 8:30 a.m. (ET). Investors can access the call by dialing 877-271-1828 and entering 18383182 as the conference ID number. The call will also be available via live webcast at https://www.webcaster4.com/Webcast/Page/2271/42138. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will be available shortly after the call ends August 5, 2021 through August 19, 2021. To access the replay, dial 877-656-8905 and enter 18383182 as the conference ID number. The archived webcast will also be available at