Cigarette maker Lorillard 1Q profit jumps 47 pct

Published



RICHMOND, Va. (AP) — Lorillard’s first-quarter profit jumped 47 percent as higher prices, electronic cigarette sales and lower legal expenses from a longstanding legal settlement offset a decline in traditional cigarette sales.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.