Earnings Analysis And Coverage – Lorillard — London, August 6, 2014 /prnewswire/ —

PR Newswire

at an implied enterprise value of $27.4 billion. Access our free coverage report at: http://www.investor-edge.com/register Earnings Overview For the second quarter of 2014, ecigarette Lorillard Inc.’s net sales from its Electronic Cigarette segment declined 35.1% year-over-year, while Cigarette segment net sales grew 0.9% year-over-year. The company was able to improve its domestic retail market share in the Cigarette segment by 0.2 share points year-over-year to 15%. The company’s electronic cigarette brand blu eCigs’ domestic all-outlet dollar market share of electronic cigarettes decreased 1.1% year-over-year due to list price reduction on rechargeable packs and new products launched by competitors.
from: http://www.prnewswire.com/news-releases/earnings-analysis-and-coverage—lorillard-270151321.html


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s