Highest-materiality recent filing
Universal Corp posts Q4 operating loss of $15M; FY2026 adjusted EPS falls 43% to $2.64
Fiscal year 2026 sales $2.92B (down 1% YoY); reported diluted EPS $1.30 vs $3.78 in FY2025.
Universal Corp Q3 net income down 44% YoY; appoints Steven Diel as CFO effective Apr 1, 2026
Q3 sales $861.3M (-8% YoY), net income $33.2M (-44%), diluted EPS $1.32 vs $2.37.
Universal Corp withdraws CFO offer to Anubhav Mittal; Kroner remains CFO
On Jan 28, 2026, Universal Corp withdrew its offer of employment to Anubhav Mittal as SVP & CFO.
Universal Corp enters $1.4B new credit facility; replaces existing agreement
New unsecured Credit Agreement includes $275M term A-1 (5-yr), $345M term A-2 (7-yr), and $780M revolver (5-yr).
Universal Corp Q2 revenue up 6% to $754M, net income +32%; appoints new director
Q2 revenue $754.2M (+6% YoY); operating income $67.6M (-2%); net income $34.2M (+32%) on lower restructuring costs.
Universal Q1 FY2026 EPS $0.34 vs $0.01; operating income doubles to $33.8M
Revenue $593.8M (down $3M YoY); operating income $33.8M, up from $17.2M.
Universal Corp reports FY2025 revenue up 7% to $2.9B; Q4 EPS down 77%
FY2025 revenue $2,947M (+7% YoY); operating income $232.8M (+5%); diluted EPS $3.78 (-21%).
Preliminary Q3 FY2025: revenue $937.2M, operating income $100.7M, net income $57.1M, diluted EPS $2.27.
Universal Corp. extends covenant waiver for Q2 FY2025 financials to Feb 14, 2025
Entered Updated Consent extending delivery deadline for Q2 FY2025 financials from Dec 31, 2024 to Feb 14, 2025.
NYSE notice on Nov 19, 2024: UVV failed to timely file Form 10-Q for quarter ended Sep 30, 2024.
Universal Corp Q2 prelim EPS $1.10; discloses ~$7M embezzlement, delays 10-Q filing
Preliminary Q2 revenue $710.8M, operating income $70.7M, diluted EPS $1.10.
Universal Corp declares $0.81 quarterly dividend and $100M share buyback
Quarterly dividend of $0.81 per share declared, payable Feb 3, 2025 to holders of record Jan 13, 2025.
Universal names Preston D. Wigner as Chairman, President, and CEO effective Oct 1, 2024
George C. Freeman III retires as Chairman, President, and CEO effective Oct 1, 2024, not due to any disagreement.
Universal Corp Q1 revenue up 15% to $597M; diluted EPS $0.01 vs -$0.08; declares $0.81 dividend
Q1 FY2025 revenue $597.1M (+15% YoY); operating income $17.2M (+56% YoY); diluted EPS $0.01 vs $(0.08) loss.
FY2024 revenue $2,748.6M (+7% YoY); gross margin improved 167 bps to 19.50%.
Universal Corp Q3 FY2024 operating income +13% YoY; EPS $3.17; declares $0.80 dividend
Nine-month revenue $1,977.7M (+5% YoY); operating income $153.8M (+20%); diluted EPS $3.17 vs $2.82.
Universal Corp Q2 operating income up 30% to $66.3M; EPS down 10% to $1.04
Six-month sales $1,156.2M (+7% YoY); gross margin improved to 18.9% from 17.6%.
Universal Corp Q1 revenue up 20% to $517.7M; EPS loss of $0.08 vs profit $0.27 YoY
Revenue $517.7M (+20% YoY); diluted EPS loss $0.08 vs $0.27 profit in prior year.
Universal Corp reports FY2023 EPS $4.97 (up 43% YoY); raises dividend 53rd consecutive year
FY2023 revenue $2,569.8M (+22% YoY); operating income $181.1M (+13%); diluted EPS $4.97 (+43%).
Universal Corp nine-month sales up 29% to $1.88B; adjusted EPS $2.80 vs $2.76
Diluted EPS as reported $2.82 ($2.44 prior year); adjusted EPS $2.80 (up 1% YoY).
Universal Corp six-month revenue up 34% to $1.08B; diluted EPS $1.15, adj. EPS $1.13
Sales $1,080.8M (+34% YoY); operating income $51.2M (+27%); diluted EPS $1.15 (+11%).
Universal reports Q1 revenue up 23% to $429.8M; adj. diluted EPS down 17% to $0.25
Revenue $429.8M (+23% YoY); gross margin improved 70 bps to 18.5%; as-reported diluted EPS $0.27 (+4% YoY).
Universal Corp reports 6% revenue growth but adjusted EPS down 11%; raises dividend for 52nd year
Fiscal 2022 revenue $2,103.6M (+6%); diluted EPS $3.47; adjusted diluted EPS $3.79 (-11% YoY).
Revenue $1,456.6M up 7% YoY; gross margin 19.7% vs 19.2% (up 50 bps).
Universal Corp Q2 fiscal 2022 EPS $1.04; sales up 16% to $804M, acquires Shank's
Diluted EPS $1.04 (up 73% YoY); adjusted EPS $0.96 (up 140%) on sales $804M (+16%).
Universal completes acquisition of Shank's Extracts, expanding flavors and ingredients platform
Completed acquisition of Shank's Extracts, a specialty flavoring and ingredient company with bottling/packaging.
Acquires 100% of Shank’s for ~$100M cash; real property acquired separately for ~$13.325M.
Universal Q1: Adj. EPS $0.30 up 1400%, Revenue +11% to $350M, Ingredients profitable
Adjusted diluted EPS of $0.30 vs $0.02 YoY; reported EPS of $0.26 down from $0.29.
Michael T. Lawton notified the Board that he will retire from service on the Board following the completion of his current term.
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
George C. Freeman, III, will retire as Chairman, President and Chief Executive Officer and as a member of the Board on the Effective Date
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, 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.
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.
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.
Max materiality 0.80 · Median 0.65 · Most common event earnings