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Vector Group: Q4 & FY22 Results

By Tobacco InsiderIn All, companies, othersPosted

Great progress in transitioning Montego brand strategy from volume-based to income-based, resulting in profitability turnaround (recall: Montego is Vector’s largest brand since Q2 2022 and is the second largest discount brand in the USA) In Q3 2022, Vector sold 2.75Bn sticks and generated $378Mn revenue ($137.5/’000) and $88Mn operating income...

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