secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K
Filed at:   2026-08-05T20:18:32+00:00
Accession:  0001628280-26-053392
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Q1 FY2027 net loss $5M; revenue down 12% YoY; tobacco ops income down 90%
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- Net loss of $5.0M ($0.20 diluted loss) vs net income of $8.5M ($0.34 diluted EPS) in prior year.
- Revenue $523.8M, down 12% YoY; gross margin fell 330 bps to 15.9%.
- Tobacco segment operating income $3.5M, down 90% on slower purchasing amid oversupply.
- Ingredients segment posted operating loss of $0.7M vs income $1.7M, hurt by consumer headwinds and high fixed costs.
- Shareholders re-elected three directors, approved say-on-pay, and ratified Ernst & Young as auditor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000162828026053392/0001628280-26-053392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000162828026053392/xbrl-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-053392

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