---
schema_version: "secwatch.filing_event.v1"
accession: "0000102037-23-000008"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:20:33.955951+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Universal Corp nine-month sales up 29% to $1.88B; adjusted EPS $2.80 vs $2.76

## Summary
- Diluted EPS as reported $2.82 ($2.44 prior year); adjusted EPS $2.80 (up 1% YoY).
- Tobacco segment operating income $119.0M (+13% YoY) on 29% revenue growth to $1.64B.
- Ingredients segment operating income $9.9M (-7% YoY); citing temporary demand softening.
- Uncommitted tobacco inventory below 7% of total; CEO cites strong demand and undersupply.
- Credit facility refinanced and expanded; borrowings reduced below peak working capital.

## SEC filing metadata
- accession: 0000102037-23-000008
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000010203723000008/0000102037-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000010203723000008/xbrl-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102037-23-000008
- JSON: https://secwatch.observer/filing/0000102037-23-000008.json
- Plain text: https://secwatch.observer/filing/0000102037-23-000008.txt

## Key facts
- Earnings Releases
  UNIVERSAL CORP /VA/ reported nine months ended December 31, 2022 results: revenue $ 1,875.8, EPS $ 2.82.
  - Period: nine months ended December 31, 2022
  - Revenue: $ 1,875.8
  - EPS: $ 2.82
  - Result: reported results
  source text: FINANCIAL HIGHLIGHTS Nine Months Ended December 31, Change (in millions of dollars, except per share data) 2022 2021 $ % Consolidated Results Sales and other operating revenue $ 1,875.8 $ 1,456.6 $ 419.2 29 % Cost of goods sold $ 1,540.4 $ 1,170.0 $ 370.4 32 % Gross Profit Margin 17.9 % 19.7 % -180 bps Selling, general and administrative expenses $ 206.8 $ 175.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/102037/000010203723000008/0000102037-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.