UNIVERSAL CORP /VA/ (UVV) Universal Corporation is a global agricultural enterprise specializing in the processing and supply of leaf tobacco and a diverse range of plant-based ingredients. Its activities are organized into two primary segments: Tobacco Operations and Ingredients Operations. Within its Tobacco Operations, the company manages the entire supply chain, encompassing the procurement, financing, processing, packing, storage, and distribution of leaf tobacco to global manufacturers of consumer tobacco products. This includes sourcing and selling flue-cured, burley, and oriental tobaccos predominantly for cigarette production, as well as dark air-cured tobaccos used in cigars, cigarillos, smokeless products, and pipe tobacco. Beyond raw material supply, Universal Corporation offers a suite of value-added services such as tobacco blending, comprehensive chemical and physical testing, custom cutting for manufacturers, the production of reconstituted leaf tobacco, and just-in-time inventory management. It also supports the electronic nicotine delivery systems market and provides smoke testing. Furthermore, its analytical capabilities extend to testing for crop protection agents and tobacco components in seeds, leaves, and final products like e-cigarette liquids and vapors, alongside detailed chemical compound analysis of finished tobacco products and their mainstream smoke. The Ingredients Operations segment leverages advanced manufacturing processes to create specialized vegetable and fruit-derived ingredients, botanical extracts, and flavorings, catering to both human and pet food industries. An additional aspect of its operations involves recycling waste generated from tobacco processing. Established in 1886, the company maintains its headquarters in Richmond, Virginia.
Sector: Wholesale-Farm Product Raw Materials
Industry: Tobacco
Universal Corporation NYSE:UVV Consumer Defensive · Tobacco
Mkt Cap $982.37M
Div Yield 8.37%
CLOSED · Nov 6 -3.95%$39.41 CLOSED · Nov 6 Prev close $41.03 -3.95%Close $39.41 0.00% AH close $39.41 VOL 416K $ Vol $16.46M RVOL 1.03x
Mkt Cap $982.37M
VOL 416K sh
$ Vol $16.46M
RVOL 1.03×
Div Yield 8.37%
Press Release
Thermo Fisher Scientific Introduces Value-Priced Thermo Scientific™ AmpSure™ Universal qPCR Master Mixes Without Compromising Performance
businesswire.com • 3d ago Press Release ⚠ 5
Universal Corporation Reports Second Quarter Fiscal Year 2027 Results
Universal Corporation reported Q2 FY27 revenue of $621.8 million, down 18% year-over-year, with GAAP diluted EPS of $0.50 and adjusted EPS of $0.39 versus $1.36 a year ago.
Operating income fell 37% to $42.6 million on lower tobacco volumes from a delayed oversupply cycle, while the Ingredients segment swung to a $2.1 million operating loss on tight apple supplies and high raw material costs.
Net debt rose $82.3 million YoY to $1.15 billion, though liquidity remains ample at roughly $945 million and uncommitted tobacco inventory sits within target at 19%.
Management forecasts shipments heavily weighted to the second half of FY27 and cites emerging customer interest driven in part by El Niño weather concerns.
• 4d ago AI analysis › Press Release
Universal Corporation Announces Quarterly Dividend and Share Repurchase Program
Universal Corporation's board declared a quarterly dividend of $0.83 per share, payable February 1, 2027, to shareholders of record January 11, 2027.
The board also authorized the repurchase of up to $100 million of common stock, which may be executed on the open market or in privately negotiated transactions.
With roughly 24.9 million shares outstanding, the buyback represents about 4% of the float at current share counts -- a modest but shareholder-friendly capital-return signal.
• 4d ago AI analysis › Press Release
Universal Corporation Announces Appointment of Gregory R. Friedman to Board of Directors
Universal Corporation (NYSE: UVV) appointed Gregory R. Friedman to its Board of Directors, effective November 4, 2026.
Friedman is the former Executive Vice President and CFO of Corteva (NYSE: CTVA), where he helped lead its separation from DowDuPont, and previously held senior finance roles at DuPont (NYSE: DD).
The appointment is routine governance news; Universal expects Friedman's agriculture and capital-allocation expertise to support its strategic priorities.
• 4d ago AI analysis › Press Release
Universal Corporation Announces Conference Call
Universal Corporation (NYSE: UVV) will release its fiscal 2027 second-quarter results after market close on November 4, 2026.
A conference call webcast is scheduled for 10:00 a.m. ET on November 5, 2026, available listen-only at www.universalcorp.com, with a replay through February 5, 2027.
• 11d ago AI analysis › Press Release ● Major
Universal Announces Third Quarter 2026 Earnings Dates
businesswire.com • 1mo ago Press Release ● Major ⚠ 4
Universal Corporation Reports First Quarter Fiscal Year 2027 Results
Universal reported fiscal Q1 2027 revenue of $523.8 million, down 12% from the prior year, and swung to a net loss of $5.0 million, or $(0.20) per share.
The decline was driven by the Tobacco Operations segment, where revenue fell 13% and operating income dropped 90% due to oversupply conditions and lower green tobacco prices.
Despite the earnings miss, the company strengthened its balance sheet, reducing total debt by $55.5 million and maintaining approximately $1.1 billion in liquidity.
• 3mo ago AI analysis › Press Release
Universal Corporation Announces Quarterly Dividend
Universal Corporation's Board of Directors declared a quarterly dividend of $0.83 per share.
The dividend is payable on November 2, 2026, to shareholders of record at the close of business on October 12, 2026.
The company operates as a global business-to-business agriproducts supplier with a network in over 30 countries.
• 3mo ago AI analysis › Press Release
Universal Corporation Announces Universal Ingredients Leadership Transition Plan
Patrick O'Keefe, Vice President and Senior Vice President of Universal Ingredients, announced his retirement from Universal Corporation after six years of service.
The company has initiated a search for O'Keefe's successor and stated that he will remain in his current role until a replacement is appointed to ensure a smooth transition.
CEO Preston Wigner highlighted O'Keefe's contributions to the business, including expanding capabilities through acquisitions and strategic investments.
• 3mo ago AI analysis › Press Release
Universal Corporation Announces Conference Call
Universal Corporation announced it will release fiscal 2027 first-quarter results after market close on August 5, 2026.
The company will host a conference call to discuss the results at 10:00 a.m. Eastern Time on August 6, 2026.
A live webcast and replay will be available on the company's website.
• 3mo ago AI analysis › Press Release ⚠ 3
Universal Corporation Reports Fiscal Year and Fourth Quarter 2026 Results
Universal Corporation reported flat fiscal year 2026 revenue of $2.92 billion, down 1% year-over-year, as tobacco volume declines offset growth in the ingredients segment.
GAAP diluted EPS fell 66% to $1.30, driven by a $41.1 million goodwill impairment at the Shank’s operation and $52 million in tobacco inventory write-downs.
Adjusted operating income declined 13% to $211.3 million, reflecting softer demand for dark air-cured tobacco and high fixed costs at the expanded Shank’s facility, though management remains confident in long-term strategy.
• 5mo ago AI analysis › Press Release
Universal Corporation Announces Conference Call
Universal Corporation has scheduled a conference call for May 29, 2026, at 10:00 a.m. Eastern Time.
The company will release its fiscal year 2026 results after market close on May 28, 2026.
A live webcast and replay of the call will be available on the company's investor relations website.
• 5mo ago AI analysis ›