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

Vector Group Ltd's Suppliers Performance

VGR's Supply Chain




 
VGR Costs vs Sales of Suppliers Growth Vector Group Ltd's Suppliers recorded an increase in sales by 3.37 % year on year in Q2 2024, sequentially sales grew by 5.95 %, Vector Group Ltd's cost of sales deteriorated by -1.76 % year on year, sequentially cost of sales grew by 12.25 % in Q2.

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Vector Group Ltd's Suppliers recorded an increase in sales by 3.37 % year on year in Q2 2024, sequentially sales grew by 5.95 %, Vector Group Ltd's cost of sales deteriorated by -1.76 % year on year, sequentially cost of sales grew by 12.25 % in Q2.

More on VGR Suppliers




Vector Group Ltd's Comment on Supply Chain


Liggett purchases and maintains leaf tobacco inventory to support its cigarette manufacturing requirements. Liggett believes that there is a sufficient supply of tobacco within the worldwide tobacco market to satisfy its current production requirements. Liggett stores its leaf tobacco inventory in warehouses in North Carolina and Virginia. There are several different types of tobacco, including flue-cured leaf, burley leaf, Maryland leaf, oriental leaf, cut stems and reconstituted sheet. Leaf components of American-style cigarettes are generally the flue-cured and burley tobaccos. While premium and discount brands use many of the same tobacco products, input ratios of tobacco products may vary between premium and discount products. Liggett purchases its tobacco requirements from both domestic and foreign leaf tobacco dealers, much of it under long-term purchase commitments.


Vector Group Ltd's Comment on Supply Chain


Liggett purchases and maintains leaf tobacco inventory to support its cigarette manufacturing requirements. Liggett believes that there is a sufficient supply of tobacco within the worldwide tobacco market to satisfy its current production requirements. Liggett stores its leaf tobacco inventory in warehouses in North Carolina and Virginia. There are several different types of tobacco, including flue-cured leaf, burley leaf, Maryland leaf, oriental leaf, cut stems and reconstituted sheet. Leaf components of American-style cigarettes are generally the flue-cured and burley tobaccos. While premium and discount brands use many of the same tobacco products, input ratios of tobacco products may vary between premium and discount products. Liggett purchases its tobacco requirements from both domestic and foreign leaf tobacco dealers, much of it under long-term purchase commitments.



VGR's Suppliers Net profit fell by VGR's Suppliers Net margin fell in Q2 to
-6.79 % 11.26 %
VGR's Suppliers Net profit fell by -6.79 %


VGR's Suppliers Net margin fell in Q2 to 11.26 %


Vector Group Ltd's Suppliers Sales Growth in Q2 2024 by Industry

Suppliers from Chemical Manufacturing Industry -2.63 %   
Suppliers from Chemicals - Plastics & Rubber Industry      1.68 %
Suppliers from Containers & Packaging Industry -1.87 %   
Suppliers from Miscellaneous Fabricated Products Industry      4.35 %
Suppliers from Paper & Paper Products Industry -0.1 %   
Suppliers from Construction Raw Materials Industry -23.42 %   
Suppliers from Construction & Mining Machinery Industry -13.81 %   
Suppliers from Industrial Machinery and Components Industry -13.66 %   
Suppliers from Conglomerates Industry      4.71 %
Suppliers from Appliance & Tool Industry      6.98 %
Suppliers from Agricultural Production Industry -5.39 %   
Suppliers from Personal & Household Products Industry -4.21 %   
Suppliers from Tobacco Industry -66.08 %   
Suppliers from Oil & Gas Integrated Operations Industry      7.44 %
Suppliers from Property & Casualty Insurance Industry      0.68 %
Suppliers from Professional Services Industry -0.59 %   
Suppliers from Cruise and Shipping Industry  
Suppliers from Railroads Industry      1.21 %
Suppliers from Marine Transportation Industry      5.72 %
Suppliers from Natural Gas Utilities Industry -5.92 %   
     





VGR's vs. Suppliers, 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
22nd Century Group inc 0.49 14.52 -9.19 32
Ppg Industries Inc 24,055.68 16,121.00 1,599.00 43,500
Packaging Corp Of America 21,447.22 9,535.70 690.70 16,800
Navigator Holdings Ltd 1,567.57 586.96 105.87 1,975
Norfolk Southern Corp 70,877.25 12,540.00 2,635.00 19,300
SUBTOTAL 4,589,034.38 2,427,923.43 224,566.81 3,046,636
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Sources: Vector Group Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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