secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0000102037-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Corp nine-month rev $1.46B (+7% YoY), adj EPS $2.76 (+7%); ingredients double, tobacco dips
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- Revenue $1,456.6M up 7% YoY; gross margin 19.7% vs 19.2% (up 50 bps).
- Diluted EPS $2.44 (as reported) up 26%; adjusted diluted EPS $2.76 up 7% YoY.
- Tobacco ops sales $1,268.6M (-1% YoY), op income $105.6M (-2% YoY); shipping delays push some shipments to FY2023.
- Ingredients ops sales $188.0M (+116% YoY); op income $10.6M vs loss of $4.7M; boosted by Shank's Extracts acquisition (Oct 2021).
- Quarterly dividend declared at $0.78/share, unchanged from prior quarter; payable May 2, 2022 to holders of record Apr 11, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000010203722000006/0000102037-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000010203722000006/xbrl-20220202.htm
  HTML page:      https://secwatch.observer/filing/0000102037-22-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer