---
schema_version: "secwatch.filing_event.v1"
accession: "0000059440-24-000009"
form_type: "8-K"
ticker: null
cik: "0000059440"
company_name: "VECTOR GROUP LTD"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:03:57.519949+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vector Group Q1 2024 revenue $324.6M (-2.9%); op income $77.8M (+4.7%)

## Summary
- Net income $34.8M ($0.22 diluted EPS), flat YoY.
- Tobacco segment operating income $83.0M, up 5.6% YoY driven by Montego brand transition.
- Montego wholesale market share rose to 3.9% from 3.3%; retail share rose to 4.0% from 3.4%.
- Consolidated revenues down $9.6M vs Q1 2023; tobacco segment revenues $324.6M.
- Adjusted EBITDA $82.8M, up 6.0% vs prior year period.

## SEC filing metadata
- accession: 0000059440-24-000009
- form_type: 8-K
- cik: 0000059440
- company_name: VECTOR GROUP LTD
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59440/000005944024000009/0000059440-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59440/000005944024000009/vgr-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059440-24-000009
- JSON: https://secwatch.observer/filing/0000059440-24-000009.json
- Plain text: https://secwatch.observer/filing/0000059440-24-000009.txt

## Key facts
- Earnings Releases
  VECTOR GROUP LTD reported for the three months ended March 31, 2024 results: revenue $324.6 million, net income $34.8 million, or $0.22 per diluted common share, EPS $0.22 per diluted common share.
  - Period: for the three months ended March 31, 2024
  - Revenue: $324.6 million
  - Net income: $34.8 million, or $0.22 per diluted common share
  - EPS: $0.22 per diluted common share
  - Result: reported results
  source text: VECTOR GROUP REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Continued Strong Earnings Growth in Tobacco Segment First Quarter 2024 Highlights: • Consolidated revenues of $324.6 million, down 2.9% or $9.6 million compared to the prior year period. • Tobacco segment revenues of $324.6 million, down 2.9% or $9.6 million compared to the prior year period. • Tobacco
  evidence_url: https://www.sec.gov/Archives/edgar/data/59440/000005944024000009/0000059440-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.