Vector Group Ltd. (VGR) Q4 2023 Earnings Conference Call February 14, 2024 8:00 AM ET
Company Participants
Howard M. Lorber - President and CEO
Nicholas P. Anson - President and COO, Liggett Group and Liggett Vector Brands
J. Bryant Kirkland III - SVP, Treasurer, and CFO
Conference Call Participants
Hale Holden - Barclays Bank
Ian Zaffino - Oppenheimer & Co.
Karru Martinson - Jefferies
Operator
Good day, everyone and welcome to Vector Group Ltd.’s Fourth Quarter 2023 Earnings Conference Call. This call is being recorded and simultaneously webcast. An archived version of the webcast will be available on the Investor Relations section of the company's website located at www.vectorgroupltd.com.
During this call, the terms adjusted operating income adjusted net income, adjusted EBITDA, and tobacco adjusted operating income will be used. These terms are non-GAAP financial measures and should be considered in addition to, but not as a substitute for other measures of financial performance prepared in accordance with GAAP. Reconciliations to adjusted operating income, adjusted net income, adjusted EBITDA, and tobacco adjusted operating income are contained in the company's earnings release which has been posted to the Investor Relations section of the company's webcast.
Before the call begins, I would like to read a Safe Harbor Statement. The statements made during today's conference call that are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks are described in more detail in the company's Securities and Exchange Commission filings. Now I would like to turn the call over to President and Chief Executive Officer of Vector Group, Howard Lorber.
Howard M. Lorber
Good morning and thank you for joining us for Vector Group's fourth quarter 2023 earnings
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