VGR Stock Recent News
VGR LATEST HEADLINES
The company continues to maintain a steady pace of revenue growth. Despite macro headwinds, operating margin remains stable.
The tobacco business has gained market share and as of last quarter was at its highest market share within the industry since 1984. Management has held the dividend steady at $0.20/share.
Some of Vector Group's numbers were lower, but that came primarily from marketing spend associated with the successful marketing of its Montego brand. The weak economic environment plays to VGR's discount business model that should continue on for some time as inflation, while likely to fall some, will probably stick around.
Vector Group Ltd. (NYSE:VGR ) Q3 2022 Earnings Conference Call November 2, 2022 8:00 AM ET Company Participants Howard M.
Vector (VGR) delivered earnings and revenue surprises of -7.69% and 22.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Is Vector Group (VGR) a great pick from the value investor's perspective right now? Read on to know more.
Vector Group Ltd. (NYSE:VGR ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Howard Lorber - President and CEO Richard Lampen - COO Nick Anson - President and COO, Liggett Vector Brands Bryant Kirkland - CFO Ron Bernstein - Senior Advisor, Liggett Vector Brands Conference Call Participants Ian Zaffino - Oppenheimer & Co. Karru Martinson - Jefferies Operator Welcome to Vector Group Ltd's Second Quarter 2022 Earnings Conference Call.
MIAMI--(BUSINESS WIRE)--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
VGR pays a big dividend, but there are reasons for concern. VGR management appears to be delivering on the third tobacco brand, Montego, they are looking to grow.
This discount tobacco company can thrive in a bad economy.