Quarterlytics / Consumer Defensive / Tobacco / Vector Group

Vector Group

VGR · NYSE Consumer Defensive
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Ticker VGR
Exchange NYSE
Sector Consumer Defensive
Industry Tobacco
Employees 501-1000

Business description

Miami-based Vector Group Ltd., a tobacco and real estate firm, announced that it produces and sells cigarettes through its subsidiaries exclusively in the United States. The company operates within two segments: Tobacco and Real Estate. As a part of its vast tobacco business, Vector Group manufactures several brands such as EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA, along with some private label brands. The company primarily distributes its products to wholesalers and distributors of tobacco and convenience products, as well as major grocery, drug, and convenience store chains. Also, Vector Group is involved in real estate investment business, operating multiple apartment buildings, hotels, and commercial real estate projects. The company was initially known as Brooke Group Ltd. before it rebranded to Vector Group Ltd. in May 2000. Since its establishment in 1873, Vector Group's business structures continue to maintain a strong presence across diverse sectors of the US economy.

vectorgroupltd.com
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Company facts
TickerVGR
ExchangeNYSE
Sector Consumer Defensive
Industry Tobacco
Employees501-1000