How Is Vector Group Likely To Grow In the Next 2 Years? – Trefis

Vector Group (NYSE: VGR) is a holding company, and is engaged in the manufacture and sale of discount cigarettes, as well as in the real estate business. Through its subsidiary, the company also entered the United States e-cigarette market in limited retail distribution outlets in 2013. We have created an interactive dashboard to assess Vector Group’s revenue growth in the next two years. You can modify the different revenue drivers to see how it will impact the company’s expected revenues.

Looking ahead, we expect to see revenue growth driven by its tobacco and real estate segments. VGR’s subsidiary – Liggett Group – is the fourth-largest manufacturer of cigarettes in the United States in terms of unit sales. Higher cigarette prices have prompted consumers to shift to value brands, reflected in the increasing penetration of the discount segment in the total cigarette market – from 27.4% in 2016 to 27.5% in 2017. This trend has greatly benefited VGR, which has been gaining market share for the past few years. Liggett held a share of approximately 13.5% of the overall discount market segment for 2017 compared to 12.0% for 2016 and 11.8% for 2015.

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