Welcome to our dedicated page for Universal news (Ticker: UVV), a resource for investors and traders seeking the latest updates and insights on Universal stock.
Universal Corporation reports on a global business-to-business agriproducts model built around Tobacco Operations and Ingredients Operations. The company procures and processes leaf tobacco for manufacturers of consumer tobacco products and also sells ingredients through a growing solutions-based portfolio. Recurring updates focus on tobacco sales volumes, customer demand by tobacco style, third-party processing activity, shipment timing, product mix, and operating performance across its segments.
Company news also covers quarterly dividend declarations, credit facility refinancing, management and board appointments, and investor presentation activity. Ingredients-related updates commonly discuss sales volumes, value-added products, production capabilities, tariff effects, and demand trends in customer markets.
Universal (NYSE:UVV) reported first quarter fiscal 2027 revenue of $523.8 million, down $70.0 million, or 12%, from the prior-year quarter, driven mainly by lower tobacco volumes and prices. Consolidated operating income fell to $2.3 million from $33.8 million, while net results swung to a $5.0 million loss, or $(0.20) per diluted share, from earnings of $0.34.
Tobacco operations revenue declined 13% to $437.1 million and segment operating income dropped 90% to $3.5 million, reflecting reduced carryover crop sales, a less favorable product mix, oversupply in flue-cured and burley markets, and unfavorable foreign exchange. Ingredients revenue decreased 3% to $86.7 million, with a segment operating loss of $0.7 million due to market headwinds, high fixed costs at the expanded Lancaster facility, and inventory write-downs. Despite weaker profitability, Universal reported strong liquidity of about $1.1 billion, total debt down $55.5 million year over year, net debt down $51.6 million, and interest expense reduced by $1.3 million.
Universal Corporation (NYSE:UVV) announced that its Board of Directors declared a quarterly dividend of $0.83 per share. The dividend is payable on November 2, 2026, to shareholders of record as of the close of business on October 12, 2026.
Universal Corporation (NYSE: UVV) announced that Patrick (Pat) O’Keefe intends to retire from his roles as Vice President, Ingredients for Universal and Senior Vice President, Universal Ingredients. The company has hired an executive search firm and begun a process to identify his successor.
O’Keefe will remain in his current role until a successor is appointed and will then support a smooth transition. Universal Ingredients will continue operating under its current leadership team during the search, while Universal remains focused on customers, employees, and executing its strategic growth objectives.
Universal Corporation (NYSE:UVV) will host a webcast conference call at 10:00 a.m. Eastern Time on August 6, 2026, to discuss its first quarter fiscal 2027 results, which will be released after market close on August 5, 2026.
The live, listen-only webcast and replay will be available at www.universalcorp.com through November 6, 2026. Media may monitor on a listen-only basis, with comments restricted to background use and not for attribution, and rebroadcast or reproduction requires prior written permission.
Universal (NYSE:UVV) reported fiscal 2026 revenue of $2.9 billion, nearly flat year over year, with operating income down 28% to $168.5 million and diluted EPS down to $1.30 from $3.78.
Results were pressured by a $41.1 million goodwill impairment at Shank’s and $52.0 million in inventory write-downs, while ingredients revenue grew 3% and total debt fell $168.7 million.
Universal (NYSE:UVV) announced details for its upcoming conference call and webcast. The company will release fiscal year 2026 results after market close on May 28, 2026 and host a listen-only webcast call at 10:00 a.m. ET on May 29, 2026.
The webcast will be available at www.universalcorp.com, with online replay access through August 29, 2026. A telephone replay will run from 1:00 p.m. ET May 29 through June 12, 2026 at (800) 770-2030 using Playback ID 5786366#. The presentation is copyrighted and rebroadcast is prohibited.
Universal (NYSE:UVV) declared a quarterly dividend of $0.83 per share, payable August 3, 2026, to shareholders of record on July 13, 2026. The increase from $0.82 marks the 56th consecutive year of dividend growth, implying an annualized $3.32 dividend and a ~6.1% yield.
The Board also set the 2026 Annual Meeting for August 4, 2026, at 11:00 a.m. Eastern Time at company headquarters, with a shareholder record date of June 4, 2026.
Universal Corporation (NYSE:UVV) reported third quarter and nine-month results for the period ended December 31, 2025. Q3 revenue was $861.3 million (down 8% year-over-year) and Q3 net income attributable to Universal was $33.2 million (down 44%).
Nine-month revenue was $2.209 billion (down 2%) and operating income was $183.4 million (down 3%). The company refinanced and upsized its revolving credit facility by $250 million and extended maturity to December 2030. Net debt (non-GAAP) was $995.3 million and renewable electricity use rose to 17.7% of global electricity.
Universal Corporation (NYSE:UVV) appointed Steven S. Diel as Senior Vice President and Chief Financial Officer, effective April 1, 2026. Mr. Diel brings over 25 years of finance, corporate development, and strategy experience and led acquisitions totaling $350 million that established the Company’s ingredients segment. Johan C. Kroner will remain as Senior Vice President and serve as an advisor through July 1, 2026 to support a smooth CFO transition.
Universal Corporation (NYSE:UVV) declared a quarterly cash dividend of $0.82 per share, payable May 4, 2026, to shareholders of record at the close of business April 15, 2026. The Board approved the distribution as a regular quarterly dividend to common shareholders.