VGR

Vector Group Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024

Vector Group Ltd. (NYSE:VGR) today announced financial results for the three months ended March 31, 2024.

Key Points: 
  • Vector Group Ltd. (NYSE:VGR) today announced financial results for the three months ended March 31, 2024.
  • The Company recorded operating income of $77.8 million for the first quarter of 2024 compared to $74.3 million for the first quarter of 2023.
  • Reconciliations of Non-GAAP Financial Measures to the comparable GAAP financial results for the last twelve months ended March 31, 2024 and the three months ended March 31, 2024 and 2023 are included in Tables 2 through 6.
  • As previously announced, Vector Group will host a conference call and webcast on Thursday, May 2, 2024 at 8:00AM (ET) to discuss its first quarter 2024 results.

Vector Group to Host First Quarter 2024 Results Conference Call

Retrieved on: 
Thursday, April 25, 2024

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).

Key Points: 
  • 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 .
  • 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.

Unveiling the Latest Edge-AI Enabled LIPSedge 3D Cameras and 3DxAI Edge Accelerators at Embedded World 2024

Retrieved on: 
Tuesday, April 9, 2024

TAIPEI, April 9, 2024 /PRNewswire/ -- LIPS Corporation , a global leader in 3DxAI solutions, is thrilled to introduce its groundbreaking edge-AI enabled 3D cameras and 3DxAI edge accelerators at Embedded World 2024 .

Key Points: 
  • TAIPEI, April 9, 2024 /PRNewswire/ -- LIPS Corporation , a global leader in 3DxAI solutions, is thrilled to introduce its groundbreaking edge-AI enabled 3D cameras and 3DxAI edge accelerators at Embedded World 2024 .
  • The newest lineup of edge-AI enabled 3D cameras, including the LIPSedge S205p , LIPSedge AE430 , and LIPSedge AE470 , are active stereo cameras integrating embedded AI System-on-Chip (SoC) technology.
  • The LIPSedge S205p is the winner in Embedded World's Embedded Award 2024 program, in the Embedded Vision category.
  • Introducing the LIPSedge F110 3DxAI Edge Accelerator , the world's premier NVIDIA Jetson AGX Xavier-based PCIe endpoint-mode edge accelerator.

Vector Group Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, February 15, 2024

Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share.

Key Points: 
  • Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share.
  • The quarterly cash dividend will be payable on March 14, 2024, to holders of record as of March 4, 2024.
  • 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 .

Vector Group Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Fourth quarter 2023 revenues were $360.4 million, compared to $363.8 million in the fourth quarter of 2022.

Key Points: 
  • Fourth quarter 2023 revenues were $360.4 million, compared to $363.8 million in the fourth quarter of 2022.
  • The Company recorded operating income of $91.6 million in the fourth quarter of 2023, compared to $89.3 million in the fourth quarter of 2022.
  • For the fourth quarter of 2023, the Tobacco segment had revenues of $360.4 million, compared to $363.8 million for the fourth quarter of 2022.
  • For the fourth quarter of 2023, Montego’s retail market share increased to 3.8%, from 3.2% for the fourth quarter of 2022.

Vector Group to Host Fourth Quarter and Full Year 2023 Results Conference Call

Retrieved on: 
Wednesday, February 7, 2024

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).

Key Points: 
  • 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 .
  • 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.

Vector Group Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, November 21, 2023

Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share.

Key Points: 
  • Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share.
  • The quarterly cash dividend will be payable on December 15, 2023, to holders of record as of December 1, 2023.
  • 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 .

Vector Group Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and nine months ended September 30, 2023.
  • Three months ended September 30, 2023 compared to the three months ended September 30, 2022
    Adjusted EBITDA (as described in Table 2 attached hereto) were $94.9 million for the third quarter of 2023, compared to $87.3 million for the third quarter of 2022.
  • Vector Group continued its longstanding history of paying a quarterly cash dividend in the third quarter of 2023.
  • Reconciliations of Non-GAAP Financial Measures to the comparable GAAP financial results for the three and nine months ended September 30, 2023 and 2022 are included in Tables 2 through 5.

Vector Group to Host Third Quarter 2023 Results Conference Call

Retrieved on: 
Thursday, October 26, 2023

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).

Key Points: 
  • 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 .
  • 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.

Vector Group to Present at 2023 Barclays Global Consumer Staples Conference

Retrieved on: 
Thursday, August 31, 2023

Vector Group Ltd. (NYSE: VGR) today announced that two members of its senior management team will present at the 2023 Barclays Global Consumer Staples Conference on Thursday, September 7, 2023 at 2:15 p.m. EDT in Boston, MA.

Key Points: 
  • Vector Group Ltd. (NYSE: VGR) today announced that two members of its senior management team will present at the 2023 Barclays Global Consumer Staples Conference on Thursday, September 7, 2023 at 2:15 p.m. EDT in Boston, MA.
  • Presenters will include J. Bryant Kirkland III, Vector Group's Senior Vice President, Chief Financial Officer and Treasurer, and Nicholas Anson, President and Chief Operating Officer of Liggett Group LLC and Liggett Vector Brands LLC.
  • A live, listen-only webcast of the presentation will be accessible on the Investor Calendar page within the Investor Relations section of Vector Group's website at https://vectorgroupltd.com/investor-relations/investor-calendar/ .
  • Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC.