---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-116429"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:29:48.949024+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Universal Corp Q2 prelim EPS $1.10; discloses ~$7M embezzlement, delays 10-Q filing

## Summary
- Preliminary Q2 revenue $710.8M, operating income $70.7M, diluted EPS $1.10.
- Tobacco ops rev $630.2M, op income $79.3M; Ingredients ops rev $80.6M, op income $1.3M.
- Embezzlement by former senior finance employee at Mozambique subsidiary; ~$7M unauthorized payments FY2022-2025, investigation ongoing.
- Delayed 10-Q filing; expects NYSE delinquency notice with six-month cure period; extended debt covenant deadline to Dec 31, 2024.
- Restructuring costs $10.6M from European sheet consolidation.

## SEC filing metadata
- accession: 0001104659-24-116429
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000110465924116429/0001104659-24-116429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000110465924116429/tm2427989d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-116429
- JSON: https://secwatch.observer/filing/0001104659-24-116429.json
- Plain text: https://secwatch.observer/filing/0001104659-24-116429.txt

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