secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000102037-23-000050
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Corp Q1 revenue up 20% to $517.7M; EPS loss of $0.08 vs profit $0.27 YoY
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- Revenue $517.7M (+20% YoY); diluted EPS loss $0.08 vs $0.27 profit in prior year.
- Tobacco ops income $8.9M (+9% YoY); ingredients ops loss $2.0M vs profit $4.6M (down 144%).
- Interest costs more than doubled on higher rates; debt balances relatively flat vs prior year.
- Quarterly dividend $0.80 per share declared, payable Nov 6, 2023 to holders of record Oct 9, 2023.
- Thomas H. Johnson appointed Lead Independent Director effective August 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000010203723000050/0000102037-23-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000010203723000050/xbrl-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000102037-23-000050

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