Lorillard is the third largest manufacturer of cigarettes in the United States. Founded in 1760, Lorillard is the oldest continuously operating tobacco company in the United States. Newport, our flagship premium cigarette brand, is the top selling menthol and second largest selling cigarette brand overall in the United States based on gross units sold in 2014. The Newport brand, which includes both menthol and non-menthol product offerings, accounted for approximately 86.5% of our consolidated net sales for the fiscal year ended December 31, 2014. In addition to the Newport brand, our product line has four additional brand families marketed under the Kent, True, Maverick, and Old Gold brand names. These five brands include 45 different product offerings which vary in price, taste, flavor, length and packaging. In 2014, we shipped 39.0 billion cigarettes, all of which were sold in the United States and certain U.S. possessions and territories. Lorillard, through its other subsidiaries, is also a leading global electronic cigarette company, marketed under the blu eCigs brand. Newport, Kent, True, Maverick, Old Gold, blu eCigs and SKYCIG are the registered trademarks of Lorillard and its subsidiaries. We sold substantially all of our major cigarette trademarks outside of the United States in 1977. We maintain our headquarters and manufacture all of our traditional cigarette products in Greensboro, North Carolina. We produce cigarettes for both the premium and discount segments of the domestic cigarette market. We do not compete in a subcategory of the discount segment that we identify as the deep discount segment. Premium brands are well known, established brands marketed at higher retail prices. Discount brands are generally less well recognized brands marketed at lower retail prices. We define the deep discount subcategory to include brands sold at the lowest retail prices. Deep discount cigarettes are typically manufactured by smaller companies, relative to us and other major U.S. manufacturers, many of which have no, or significantly lower, payment obligations under the Master Settlement Agreement among major tobacco manufacturers and 46 states and various other governments and jurisdictions (the “MSA”) and the settlements of similar claims brought by Mississippi, Florida, Texas and Minnesota, collectively the “State Settlement Agreements”.
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Company profile
Ticker
LO
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Philip Morris International • Altria • Vector • RLX Technology • TILT • Ispire Technology • 22nd Century • Hempacco • BOTS • Reynolds American ...
Former names
Lorillard, Inc.
SEC CIK
Corporate docs
IRS number
131911176
Latest filings (excl ownership)
15-12B
Securities registration termination
25 Jun 15
25
Voluntary exchange delisting
25 Jun 15
8-K
Amendments to Articles of Incorporation or Bylaws
15 Jun 15
25-NSE
Exchange delisting
12 Jun 15
8-K
Termination of a Material Definitive Agreement
12 Jun 15
POSASR
Automatic shelf registration (post-effective amendment)
12 Jun 15
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Jun 15
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Jun 15
425
Business combination disclosure
8 Jun 15
8-K
Other Events
8 Jun 15
Latest ownership filings
Institutional ownership, Q4 2020
13F holders | Current |
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Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
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Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
IFP Advisors | 0.00 | $0.00 |