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%.
Key figures
- Eps
- 0.5
- Revenue
- 621845000
- Guidance
- Shipments heavily weighted to second half of fiscal 2027; customer commitments in line with full-year sales plans; no formal numeric guidance range
- Revenue Yoy
- -18%
- Net debt
- 1154214000
- Net income
- 12582000
- Total debt
- 1196298000
- Adjusted eps
- 0.39
- Gross margin pct
- 17.3
- Operating income
- 42645000
- Six month revenue
- 1145624000
- Adjusted net income
- 9874000
- Available liquidity
- 945000000
- Gross margin change
- -120 bps
- Operating income yoy
- -37%
- Six month net income
- 7566000
- Effective tax rate q2
- 35%
- Net debt increase yoy
- 82300000
- Tobacco volume yoy q2
- -23%
- Adjusted operating income
- 39937000
- Insurance recovery mozambique
- 4000000
- Uncommitted tobacco inventory pct
- 19%
AI analysis
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