secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001628280-26-006200
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Corp Q3 net income down 44% YoY; appoints Steven Diel as CFO effective Apr 1, 2026
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- Q3 sales $861.3M (-8% YoY), net income $33.2M (-44%), diluted EPS $1.32 vs $2.37.
- Tobacco ops op income $84.0M (-18%); Ingredients ops operating loss $0.1M vs profit $3.7M.
- Steven Diel promoted to CFO effective Apr 1, 2026; current CFO Johan Kroner to retire Jul 1, 2026 as advisor.
- Diel, VP & CFO of Ingredients since Jan 2026, led $350M+ acquisitions building ingredients segment.
- Credit facility refinanced and upsized in Dec 2025 to enhance liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000162828026006200/0001628280-26-006200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000162828026006200/xbrl-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-006200

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