secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000102037-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Corp Q3 FY2024 operating income +13% YoY; EPS $3.17; declares $0.80 dividend
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- Nine-month revenue $1,977.7M (+5% YoY); operating income $153.8M (+20%); diluted EPS $3.17 vs $2.82.
- Tobacco operations revenue $1,742.5M (+6%); operating income $148.9M (+25%); uncommitted inventory at low 8%.
- Ingredients operations revenue $235.2M (+1%); operating income $5.0M (-50% YoY); ongoing expansion on track.
- Quarterly dividend of $0.80 per share declared, payable May 6, 2024 to holders of record April 8, 2024.
- Management cites tight global leaf supply; expects FY2025 headwinds from El Nino but confident in global footprint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000010203724000005/0000102037-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000010203724000005/xbrl-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000102037-24-000005

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