CSIMarket
 
Vector Group Ltd  (NYSE: VGR)
    Sector  Consumer Non Cyclical    Industry Tobacco
   Industry Tobacco
   Sector  Consumer Non Cyclical
 

Vector Group Ltd's Customers Performance

VGR



 
VGR's Source of Revenues Vector Group Ltd's Corporate Customers have recorded an advance in their cost of revenue by 3.55 % in the 2 quarter 2024 year on year, sequentially costs of revenue grew by 4.13 %. During the corresponding time, Vector Group Ltd recorded a revenue increase by 1.71 % year on year, sequentially revenue grew by 14.59 %. While revenue at the Vector Group Ltd's corporate clients recorded rose by 4.5 % year on year, sequentially revenue grew by 4.7 %.

List of VGR Customers




Vector Group Ltd's Customers have recorded an advance in their cost of revenue by 3.55 % in the 2 quarter 2024 year on year, sequentially costs of revenue grew by 4.13 %, for the same period Vector Group Ltd recorded revenue increase by 1.71 % year on year, sequentially revenue grew by 14.59 %.

List of VGR Customers

Vector Group Ltd's Business Units
Tobacco    100 % of total Revenue




   
Customers Net Income fell in Q2 by Customers Net margin fell to %
-33.58 % 3.03 %
Customers Net Income fell in Q2 by -33.58 %


Customers Net margin fell to 3.03 % 3.03 %



Vector Group Ltd's Customers, Q2 2024 Revenue Growth By Industry
Customers in Wholesale Industry      4.5 %
     
• Customers Valuation • Customers Mgmt. Effect.


Vector Group Ltd's Comment on Sales, Marketing and Customers



Liggett and Vector Tobacco operate in the U.S. discount cigarette market, targeting adult smokers focused on value. In 2023, Liggett was the fourth-largest cigarette manufacturer in the U.S. by unit sales, with no international operations. Since 2004, Liggett has produced only discount cigarettes. In 2023, Liggett held approximately 17.5% of the discount segment and 5.5% of the total U.S. cigarette market. Liggett's brand portfolio includes Montego, Eagle 20's, Pyramid, Grand Prix, Liggett Select, Eve, USA, and various partner and private label brands. Montego accounted for 64% of Liggett's total unit volume sales in 2023, followed by Eagle 20's at 24% and Pyramid at 8%. Customers and markets referenced include Liggett, Management Science Associates, Inc., and Vector Tobacco.





Vector Group Ltd’s Comment on Sales, Marketing and Customers


Liggett and Vector Tobacco operate in the U.S. discount cigarette market, targeting adult smokers focused on value. In 2023, Liggett was the fourth-largest cigarette manufacturer in the U.S. by unit sales, with no international operations. Since 2004, Liggett has produced only discount cigarettes. In 2023, Liggett held approximately 17.5% of the discount segment and 5.5% of the total U.S. cigarette market. Liggett's brand portfolio includes Montego, Eagle 20's, Pyramid, Grand Prix, Liggett Select, Eve, USA, and various partner and private label brands. Montego accounted for 64% of Liggett's total unit volume sales in 2023, followed by Eagle 20's at 24% and Pyramid at 8%. Customers and markets referenced include Liggett, Management Science Associates, Inc., and Vector Tobacco.








VGR's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Vector Group Ltd 2,308.01 1,420.94 199.67 1,700
Target Corporation 74,163.22 106,377.00 3,450.00 415,000
Walmart Inc 846,066.90 693,127.00 21,008.00 2,100,000
SUBTOTAL 1,840,460.24 1,599,008.00 48,916.00 5,030,000

Sources: Vector Group Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Vector Group Ltd’s corporate clients.
For your research, we’ve provided 9 tables on Vector Group Ltd corporate clients.
You can find them in the navigation menu under Customers & Markets.
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