Q4 2023 Vector Group Ltd Earnings Call Transcript

Feb 14, 2024 / 01:00PM GMT
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 This call is being recorded and simultaneously webcast, an archived version of the webcast will be available on the Investor Relations section of the Company's website located at www.vectorgroupltd.com.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 to 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 website.

Before the call begins, I would like to read our Safe Harbor statement. Statements made during these conference calls that are not

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