Source-grounded facts extracted from UNIVERSAL CORP /VA/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
UNIVERSAL CORP /VA/ reported fiscal year ended March 31, 2026 results: revenue $ 2,924.5, EPS 1.30.
“Year Ended March 31, Change (in millions of dollars, except per share data) 2026 2025 % 2026 2025 % Consolidated Results Sales and other operating revenue $ 715.2 $ 702.3 2 % $ 2,924.5 $ 2,947.3 (1) % Cost of goods sold 616.8 586.3 5 % 2,412.5 2,398.6 1 % Gross profit margin 13.8 % 16.5 % -270 bps 17.5 % 18.6 % -110 bps Selling, general and administrative”
UNIVERSAL CORP /VA/ reported three months ended March 31, 2026 results: revenue $ 715.2, EPS (1.73).
“31, Change Fiscal Year Ended March 31, Change (in millions of dollars, except per share data) 2026 2025 % 2026 2025 % Consolidated Results Sales and other operating revenue $ 715.2 $ 702.3 2 % $ 2,924.5 $ 2,947.3 (1) % Cost of goods sold 616.8 586.3 5 % 2,412.5 2,398.6 1 % Gross profit margin 13.8 % 16.5 % -270 bps 17.5 % 18.6 % -110 bps Selling, general and”
UNIVERSAL CORP /VA/ entered into Credit Agreement with JPMorgan Chase Bank, N.A., Truist Bank, AgFirst Farm Credit Bank, and other lenders (effective 2025-12-09).
“On December 9, 2025, Universal Corporation (the “Company”) entered into a new unsecured Credit Agreement, with JPMorgan Chase Bank, N.A., as Administrative Agent, Truist Bank and AgFirst Farm Credit Bank, as Co-Syndication Agents, and First Horizon Bank, KeyBank National Association, Citibank, N.A., Bank Of America, N.A., UBS Switzerland AG, Atlantic Union Bank and Capital One, N.A., as Co-Documentation Agents (the “Credit Agreement”).”
UNIVERSAL CORP /VA/ incurred credit facility of $275,000,000, $345,000,000, $780,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent at Adjusted Term SOFR Rate plus the Applicable Rate maturing five-year, seven-year, five-year.
“Union Bank and Capital One, N.A., as Co-Documentation Agents (the “Credit Agreement”). The Credit Agreement provides for (i) a five-year term loan A-1 facility in the amount of $275,000,000 (the loans thereunder, the “Term A-1 Loans”), (ii) a seven-year term loan A-2 facility in the amount of $345,000,000 (the loans thereunder, the “Term A-2 Loans”) and (iii) a”
Michael T. Lawton departed as Director at UNIVERSAL CORP /VA/.
“Michael T. Lawton notified the Board that he will retire from service on the Board following the completion of his current term.”
UNIVERSAL CORP /VA/ reported a default on credit facility with JPMorgan Chase Bank, N.A., as Administrative Agent.
“On February 10, 2025, the Company entered into a further Consent ("February Consent") with respect to the Credit Agreement that provided for, among other things, an extension until June 16, 2025, for delivery by the Company of the Second Quarter 2025 Financials and the financials for the quarter ended December 31, 2024.”
George C. Freeman, III departed as Chairman, President and Chief Executive Officer at UNIVERSAL CORP /VA/.
“George C. Freeman, III, will retire as Chairman, President and Chief Executive Officer and as a member of the Board on the Effective Date”
Preston D. Wigner was named as Chairman of the Board, President and Chief Executive Officer at UNIVERSAL CORP /VA/.
“the Board of Directors (the “Board”) of the Company named Preston D. Wigner, Senior Vice President, as Chairman of the Board (“Chairman”), President and Chief Executive Officer of the Company (the “Appointment”), effective October 1, 2024”
Preston D. Wigner was appointed as Chairman, President and Chief Executive Officer at UNIVERSAL CORP /VA/.
“On August 23, 2024, the Board of Directors (the “Board”) of Universal Corporation (the “Company”) named Preston D. Wigner, Senior Vice President, as Chairman of the Board (“Chairman”), President and Chief Executive Officer of the Company, effective October 1, 2024.”
George C. Freeman, III retired as Chairman, President and Chief Executive Officer at UNIVERSAL CORP /VA/.
“George C. Freeman, III, who notified the Board of his retirement as Chairman, President and Chief Executive Officer and as a member of the Board on August 23, 2024, with such retirement effective October 1, 2024.”
UNIVERSAL CORP /VA/ reported financial results for the quarter ended December 31, 2023.
“Universal Corporation (the “Company”) issued a press release on February 7, 2024, discussing its results for the quarter ended December 31, 2023.”
Preston D. Wigner was named as Senior Vice President at UNIVERSAL CORP /VA/.
“On December 6, 2023, the Executive Committee of the Board of Directors of Universal Corporation (the “Company”) named Preston D. Wigner, age 55, as Senior Vice President of the Company effective April 1, 2024.”
UNIVERSAL CORP /VA/ reported financial results for fiscal year 2024 for the quarter and six months ended September 30, 2023.
“Universal Corporation (the “Company”) issued a press release on November 2, 2023, discussing its results for the quarter ended September 30, 2023. The press release is attached as Exhibit 99.1 and is incorporated by reference into this Item 2.02.”
UNIVERSAL CORP /VA/: Amended and restated bylaws to implement universal proxy rules and other procedural/disclosure requirements for shareholder nominations and proposals (effective 2023-11-01).
“The Bylaws were amended to clarify and implement certain procedural and disclosure requirements for shareholders nominating individuals for election or reelection as directors at the Company’s annual or special meetings of shareholders in connection with the “universal proxy” rules adopted by the Securities and Exchange Commission pursuant to Rule 14a-19 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).”
UNIVERSAL CORP /VA/ shareholders approved Say-on-Frequency Proposal to approve the compensation of the Company’s named executive officers in future annual meetings of shareholders.
“As previously reported in the Initial 8-K, the option of “one year” received the highest number of votes cast by shareholders on the Say-on-Frequency Proposal.”
UNIVERSAL CORP /VA/ reported the quarter ended June 30, 2023 results: revenue $ 517.7, net income $ (0.08) per diluted share (as reported), EPS $ (0.08).
“FINANCIAL HIGHLIGHTS Three Months Ended June 30, Change (in millions of dollars, except per share data) 2023 2022 $ % Consolidated Results Sales and other operating revenue $ 517.7 $ 429.8 $ 87.9 20 % Cost of goods sold $ 431.2 $ 350.1 $ 81.1 23 % Gross Profit Margin 16.7 % 18.5 % -183 bps Selling, general and administrative expenses $ 75.5 $ 66.5 $ 9.0 14 %”
UNIVERSAL CORP /VA/ shareholders approved Approval of the Universal Corporation 2023 Stock Incentive Plan at the 2023-08-01 meeting.
“Proposal 5 - Approval of the Universal Corporation 2023 Stock Incentive Plan. For Against Abstain Broker Non-Votes 18,562,399 716,074 67,728 2,641,753”
UNIVERSAL CORP /VA/ shareholders approved Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2024 at the 2023-08-01 meeting.
“Proposal 4 - Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2024. For Against Abstain Broker Non-Votes 21,714,659 215,952 57,343 —”
UNIVERSAL CORP /VA/ shareholders approved A non-binding advisory vote on the frequency (every one, two or three years) of the non-binding advisory vote on the compensation of the Company's named executive officers at the 2023-08-01 meeting.
“Proposal 3 - A non-binding advisory vote on the frequency (every one, two or three years) of the non-binding advisory vote on the compensation of the Company's named executive officers. 1 Year 2 Years 3 Years Abstain Broker Non-Votes 17,231,911 41,006 2,023,495 49,789 2,641,753”
UNIVERSAL CORP /VA/ shareholders approved Approval of a non-binding advisory resolution approving the compensation of the Company’s named executive officers at the 2023-08-01 meeting.
“Proposal 2 - Approval of a non-binding advisory resolution approving the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Votes 18,844,407 415,083 86,711 2,641,753”
UNIVERSAL CORP /VA/ shareholders approved Election of Directors at the 2023-08-01 meeting.
“Proposal 1 - Election of Directors. For Withheld Broker Non-Votes George C. Freeman, III (two year term) 19,142,194 204,007 2,641,753 Lennart R Freeman (two year term) 19,115,861 230,340 2,641,753 Thomas H. Johnson (three year term) 15,289,839 4,056,362 2,641,753 Arthur J. Schick, Jr. (three year term) 19,209,738 136,463 2,641,753 Jacqueline T. Williams (three year term) 18,961,772 384,429 2,641,753”
UNIVERSAL CORP /VA/ reported fiscal year ended March 31, 2023 results: revenue $2,569.8, EPS $4.97.
“3 FINANCIAL HIGHLIGHTS Fiscal Year Ended March 31, Change (in millions of dollars, except per share data) 2023 2022 $ % Consolidated Results Sales and other operating revenue $ 2,569.8 $ 2,103.6 $ 466.2 22 % Cost of goods sold 2,111.5 1,694.7 416.9 25 % Gross profit margin 17.83 % 19.44 % --- -161 bps Selling, general and administrative expenses 277.2 240.7 36.5”
UNIVERSAL CORP /VA/ reported nine months ended December 31, 2022 results: revenue $ 1,875.8, EPS $ 2.82.
“FINANCIAL HIGHLIGHTS Nine Months Ended December 31, Change (in millions of dollars, except per share data) 2022 2021 $ % Consolidated Results Sales and other operating revenue $ 1,875.8 $ 1,456.6 $ 419.2 29 % Cost of goods sold $ 1,540.4 $ 1,170.0 $ 370.4 32 % Gross Profit Margin 17.9 % 19.7 % -180 bps Selling, general and administrative expenses $ 206.8 $ 175.5”
Arthur J. Schick, Jr. was appointed as director at UNIVERSAL CORP /VA/.
“On January 31, 2023, the Board of Directors (the “Board”) of Universal Corporation (the “Company”) increased the size of the Board to nine members and appointed Arthur J. Schick, Jr. to serve as a new director of the Company, both effective April 1, 2023.”
UNIVERSAL CORP /VA/ incurred revolving credit of $530,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent, Truist Bank and AgFirst Farm Credit Bank, as Co-Syndication Agents and First Horizon Bank, KeyBank National Association and Citibank, N.A., as Co-Documentation Agents at ABR Loans: 0.65% per annum; Term Benchmark Loans: 1.65% per annum (initial Appli maturing five-year term from December 15, 2022.
“The Credit Agreement provides for (i) a five-year term loan A-1 facility in the amount of $275,000,000 (the loans thereunder, the "Term A-1 Loans"), (ii) a seven-year term loan A-2 facility in the amount of $345,000,000 (the loans thereunder, the "Term A-2 Loans") and (iii) a five-year revolving loan facility (the "Revolving Credit Facility") of $530,000,000 (the loans thereunder, the "Revolving Credit Loans" and, collectively with the Term A-1 Loans and the Term A-2 Loans, the "Loans"), of which up to $25,000,000 is available for letters of credit and, at the swingline lender's discretion, up to $20,000,000 is available for short-term borrowings on a swingline basis.”
UNIVERSAL CORP /VA/ incurred term loan of $345,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent, Truist Bank and AgFirst Farm Credit Bank, as Co-Syndication Agents and First Horizon Bank, KeyBank National Association and Citibank, N.A., as Co-Documentation Agents at ABR Loans: 1.25% per annum; Term Benchmark Loans: 2.25% per annum (initial Appli maturing seven-year term from December 15, 2022.
“The Credit Agreement provides for (i) a five-year term loan A-1 facility in the amount of $275,000,000 (the loans thereunder, the "Term A-1 Loans"), (ii) a seven-year term loan A-2 facility in the amount of $345,000,000 (the loans thereunder, the "Term A-2 Loans") and (iii) a five-year revolving loan facility (the "Revolving Credit Facility") of $530,000,000 (the loans thereunder, the "Revolving Credit Loans" and, collectively with the Term A-1 Loans and the Term A-2 Loans, the "Loans"), of which up to $25,000,000 is available for letters of credit and, at the swingline lender's discretion, up to $20,000,000 is available for short-term borrowings on a swingline basis.”
UNIVERSAL CORP /VA/ incurred term loan of $275,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent, Truist Bank and AgFirst Farm Credit Bank, as Co-Syndication Agents and First Horizon Bank, KeyBank National Association and Citibank, N.A., as Co-Documentation Agents at ABR Loans: 1.00% per annum; Term Benchmark Loans: 2.00% per annum (initial Appli maturing five-year term from December 15, 2022.
“The Credit Agreement provides for (i) a five-year term loan A-1 facility in the amount of $275,000,000 (the loans thereunder, the "Term A-1 Loans"), (ii) a seven-year term loan A-2 facility in the amount of $345,000,000 (the loans thereunder, the "Term A-2 Loans") and (iii) a five-year revolving loan facility (the "Revolving Credit Facility") of $530,000,000 (the loans thereunder, the "Revolving Credit Loans" and, collectively with the Term A-1 Loans and the Term A-2 Loans, the "Loans"), of which up to $25,000,000 is available for letters of credit and, at the swingline lender's discretion, up to $20,000,000 is available for short-term borrowings on a swingline basis.”
UNIVERSAL CORP /VA/ terminated Existing Credit Agreement (effective 2022-12-15).
“On December 13, 2022, the Company provided written notice of prepayment and termination of the Existing Credit Agreement as of December 15, 2022, conditioned upon the effectiveness of a new credit facility”
UNIVERSAL CORP /VA/ entered into Credit Agreement with JPMorgan Chase Bank, N.A., Truist Bank, AgFirst Farm Credit Bank, First Horizon Bank, KeyBank National Association, and Citibank, N.A. valued at $275,000,000, $345,000,000, $530,000,000 (effective 2022-12-15).
“On December 15, 2022, Universal Corporation (the “Company”) entered into a new Credit Agreement, with JPMorgan Chase Bank, N.A., as Administrative Agent, Truist Bank and AgFirst Farm Credit Bank, as Co-Syndication Agents and First Horizon Bank, KeyBank National Association and Citibank, N.A., as Co-Documentation Agents (the “Credit Agreement”).”
UNIVERSAL CORP /VA/ reported the six months ended September 30, 2022 results: revenue $1,080.8, EPS $1.15.
“FINANCIAL HIGHLIGHTS Six Months Ended September 30, Change (in millions of dollars, except per share data) 2022 2021 $ % Consolidated Results Sales and other operating revenue $ 1,080.8 $ 804.0 $ 276.8 34 % Cost of goods sold $ 890.8 $ 648.8 $ 242.0 37 % Gross Profit Margin 17.6 % 19.3 % -170 bps Selling, general and administrative expenses $ 138.8 $ 115.2 $ 23.6”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.