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Stock impact report

Vector Group Ltd (VGR) Reports Mixed 2023 Financial Results Amid Market Challenges [Yahoo! Finance]

Vector Group Ltd. (VGR) 
Last vector group ltd. earnings: 2/28 07:30 am Check Earnings Report
US:NYSE Investor Relations: vectorgroupltd.com/investor-relations
Company Research Source: Yahoo! Finance
Operating Income : Increased to $91.6 million in Q4, up 2.6% year-over-year, but annual operating income fell 3.2%. Net Income : Improved to $183.5 million for the year, representing a $1.16 per diluted share, an increase from $158.7 million in the prior year. Adjusted EBITDA : Rose to $363.2 million for the year, a 3.1% increase from the previous year. Tobacco Segment Market Share : Wholesale and retail market share increased to 5.5% and 5.8%, respectively, for the full year. Dividends : Vector Group maintained its quarterly cash dividend, returning a total of $127.0 million to stockholders at $0.20 per common share. Warning! GuruFocus has detected 3 Warning Sign with VGR. Vector Group Ltd ( NYSE:VGR ) released its 8-K filing on February 14, 2024, detailing its financial performance for the fourth quarter and full year of 2023. The company, known for its tobacco products and real estate investments through subsidiaries Liggett Group, Vector Tobacco, and New Valley, faced Show less Read more
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