Vector Group reports Q1 adjusted EPS 24c vs 22c last year

Reports Q1 revenue $324.657M vs $334.145M last year. “Vector Group delivered strong performance in the first quarter driven by continued growth of our Montego brand,” said Howard Lorber, President and Chief Executive Officer of Vector Group Ltd. “Our proven ability to increase Montego’s market share and profitability underscores the effectiveness of our brand strategy, market analysis, broad-based distribution, and excellent retail execution. We remain confident in our ability to continue driving sustainable growth and creating long-term value for our stockholders.”