Welcome to our dedicated page for Universal SEC filings (Ticker: UVV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Universal Corporation filings document financial results, material agreements, governance actions, and capital-structure matters for its agriproducts business. Recent Form 8-K reports furnish quarterly results releases, disclose an unsecured credit agreement with term loan and revolving credit facilities, and describe registered common stock with no par value traded on the New York Stock Exchange under UVV.
The company’s regulatory filings also cover executive officer appointments, related compensation arrangements, board composition, annual meeting voting results, auditor ratification, lead independent director designation, and shareholder-approved equity incentive awards. These disclosures connect Universal’s public-company governance and financing arrangements with its Tobacco Operations and Ingredients Operations.
Universal Corporation reported softer quarterly results as tobacco volumes and margins declined from unusually strong prior-year levels. For the quarter ended December 31, 2025, sales fell to $861.3 million from $937.2 million, and operating income declined to $82.0 million from $104.1 million.
Net income attributable to Universal dropped to $33.2 million from $59.6 million, with diluted EPS down to $1.32 from $2.37, mainly due to lower tobacco sales volumes and higher inventory write-downs, partly offset by lower expenses and favorable currency.
The Tobacco Operations segment remained the earnings driver, generating segment operating income of $84.0 million in the quarter and $185.0 million for the nine months, both below last year on reduced volumes. Ingredients Operations revenue was broadly flat in the quarter, but segment operating income slipped to a small loss on higher fixed costs and market headwinds.
Year-to-date, revenue was $2,209.2 million versus $2,245.0 million, and operating income was $183.4 million versus $190.0 million. The company also put in place a new bank credit agreement with a $780 million five-year revolving facility and two fully funded term loans totaling $620 million, extending maturities and fixing interest on part of the debt through interest rate swaps.
Universal Corporation reported softer quarterly results as tobacco volumes and margins declined from unusually strong prior-year levels. For the quarter ended December 31, 2025, sales fell to $861.3 million from $937.2 million, and operating income declined to $82.0 million from $104.1 million.
Net income attributable to Universal dropped to $33.2 million from $59.6 million, with diluted EPS down to $1.32 from $2.37, mainly due to lower tobacco sales volumes and higher inventory write-downs, partly offset by lower expenses and favorable currency.
The Tobacco Operations segment remained the earnings driver, generating segment operating income of $84.0 million in the quarter and $185.0 million for the nine months, both below last year on reduced volumes. Ingredients Operations revenue was broadly flat in the quarter, but segment operating income slipped to a small loss on higher fixed costs and market headwinds.
Year-to-date, revenue was $2,209.2 million versus $2,245.0 million, and operating income was $183.4 million versus $190.0 million. The company also put in place a new bank credit agreement with a $780 million five-year revolving facility and two fully funded term loans totaling $620 million, extending maturities and fixing interest on part of the debt through interest rate swaps.
Universal Corporation reported softer results for the quarter and nine months ended December 31, 2025, and announced a CFO transition. Third-quarter sales were $861.3 million, down 8% year over year, with operating income of $82.0 million and net income attributable to Universal of $33.2 million, a 44% decline. Diluted EPS fell to $1.32 from $2.37.
For the nine-month period, sales were $2.21 billion, down 2%, and net income attributable to Universal was $75.9 million, down 11%, with diluted EPS of $3.02. Tobacco operations remained the main earnings driver but faced lower volumes, oversupply in several tobacco styles, and higher inventory write-downs. Ingredients revenue grew 7% year to date but margins were pressured by higher fixed costs and market headwinds.
Universal reduced total debt by $77 million versus a year earlier and refinanced and upsized its revolving credit facility by $250 million, leaving about $595 million available at December 31, 2025. The company also highlighted a nearly sixfold increase in renewable electricity use to 17.7% of global consumption. The board elected Steven S. Diel as Senior Vice President and Chief Financial Officer effective April 1, 2026, while current CFO Johan C. Kroner will remain as Senior Vice President until his July 1, 2026 retirement to support a smooth transition.
Universal Corporation reported softer results for the quarter and nine months ended December 31, 2025, and announced a CFO transition. Third-quarter sales were $861.3 million, down 8% year over year, with operating income of $82.0 million and net income attributable to Universal of $33.2 million, a 44% decline. Diluted EPS fell to $1.32 from $2.37.
For the nine-month period, sales were $2.21 billion, down 2%, and net income attributable to Universal was $75.9 million, down 11%, with diluted EPS of $3.02. Tobacco operations remained the main earnings driver but faced lower volumes, oversupply in several tobacco styles, and higher inventory write-downs. Ingredients revenue grew 7% year to date but margins were pressured by higher fixed costs and market headwinds.
Universal reduced total debt by $77 million versus a year earlier and refinanced and upsized its revolving credit facility by $250 million, leaving about $595 million available at December 31, 2025. The company also highlighted a nearly sixfold increase in renewable electricity use to 17.7% of global consumption. The board elected Steven S. Diel as Senior Vice President and Chief Financial Officer effective April 1, 2026, while current CFO Johan C. Kroner will remain as Senior Vice President until his July 1, 2026 retirement to support a smooth transition.
Universal Corporation disclosed that it has withdrawn its previously announced offer of employment to Anubhav Mittal, who had been elected Senior Vice President and Chief Financial Officer effective February 17, 2026. As a result, Johan C. Kroner will continue serving as Senior Vice President and Chief Financial Officer until a successor is elected. The company indicated that, based on its recent executive search, it expects to elect a new CFO in the near term, leaving its current finance leadership in place for now.
Universal Corporation appointed Anubhav Mittal as Senior Vice President and Chief Financial Officer, effective February 17, 2026, as part of a planned transition following the previously announced retirement of current CFO Johan C. Kroner on July 1, 2026. Kroner will step down from the CFO role on the effective date but remain a Senior Vice President to support the handover.
Mittal joins from Archer Daniels Midland, where he held senior finance and M&A roles. His compensation includes a $650,000 annual base salary, a $500,000 annual target bonus, and targeted annual long-term equity awards of $850,000 beginning in May 2026. On the effective date, he will receive a one-time grant of restricted stock units with an approximate value of $2 million, vesting in three equal installments on May 19 of 2026, 2027, and 2028, plus a $600,000 signing bonus subject to repayment if he resigns voluntarily or is terminated for cause within 24 months.
Universal Corporation entered into a new unsecured bank Credit Agreement that replaces its prior syndicated facility. The new agreement provides a five-year term loan A-1 facility of $275,000,000, a seven-year term loan A-2 facility of $345,000,000, and a five-year revolving credit facility of $780,000,000, including sublimits for letters of credit and swingline borrowings. Interest is based on either a base rate or Adjusted Term SOFR plus a margin that varies with the company’s leverage, with specified initial margins applying until financial statements for the quarter ending on or about December 31, 2025 are delivered. The company used borrowings under the new facility to repay and terminate its existing credit agreement and expects to use ongoing availability for general corporate purposes, including acquisitions, investments, debt prepayments, and working capital.
Universal Corp (UVV) reported an insider equity award. A Form 4 shows the company’s Chief Human Resources Officer acquired 1,920 common shares at $0 on 11/10/2025, arising from a restricted stock unit (RSU) grant. The filing notes the RSUs vest on the third anniversary of the award date. After the reported transaction, the officer beneficially owned 1,920 shares, held directly.
Universal Corp (UVV) disclosed an initial insider ownership filing. The company’s Chief Human Resources Officer filed a Form 3 stating no securities are beneficially owned as of the reporting event on 11/05/2025.
The submission was filed by one reporting person and documents the insider’s status upon becoming subject to Section 16 reporting.
Universal Corporation (UVV) reported a new insider filing: a director submitted a Form 3 initial statement of beneficial ownership. The filing states that no securities are beneficially owned. The event date is 11/05/2025, and the form was filed by one reporting person.
Universal Corporation (UVV) reported fiscal Q2 (quarter ended September 30, 2025) results. Sales and other operating revenues were $754.2 million, up from $710.8 million a year ago. Operating income was $67.6 million versus $68.7 million, while net income attributable to the company rose to $34.2 million from $25.9 million, delivering diluted EPS of $1.36 versus $1.03.
Year to date, revenue reached $1.35 billion versus $1.31 billion, with diluted EPS of $1.70 versus $1.04. Segment sales were $659.4 million for Tobacco Operations and $94.8 million for Ingredients. Segment operating income totaled $65.1 million versus $78.7 million in the prior-year quarter. The effective tax rate was 24.4% for the quarter. Operating cash flow used was $172.4 million, reflecting seasonal inventory build; tobacco inventories were $1.14 billion. The company declared a quarterly dividend of $0.82 per share. As of November 3, 2025, shares outstanding were 24,921,155.
In July 2025, the company received a final favorable ruling in Brazil canceling VAT assessments. A $100 million stock repurchase program remains fully available. During the quarter, the company sold $42.0 million of trade receivables, recognizing a $0.4 million loss.
Universal Corporation (UVV) reported fiscal Q2 (quarter ended September 30, 2025) results. Sales and other operating revenues were $754.2 million, up from $710.8 million a year ago. Operating income was $67.6 million versus $68.7 million, while net income attributable to the company rose to $34.2 million from $25.9 million, delivering diluted EPS of $1.36 versus $1.03.
Year to date, revenue reached $1.35 billion versus $1.31 billion, with diluted EPS of $1.70 versus $1.04. Segment sales were $659.4 million for Tobacco Operations and $94.8 million for Ingredients. Segment operating income totaled $65.1 million versus $78.7 million in the prior-year quarter. The effective tax rate was 24.4% for the quarter. Operating cash flow used was $172.4 million, reflecting seasonal inventory build; tobacco inventories were $1.14 billion. The company declared a quarterly dividend of $0.82 per share. As of November 3, 2025, shares outstanding were 24,921,155.
In July 2025, the company received a final favorable ruling in Brazil canceling VAT assessments. A $100 million stock repurchase program remains fully available. During the quarter, the company sold $42.0 million of trade receivables, recognizing a $0.4 million loss.
Universal Corporation (UVV) reported fiscal Q2 (quarter ended September 30, 2025) results. Sales and other operating revenues were $754.2 million, up from $710.8 million a year ago. Operating income was $67.6 million versus $68.7 million, while net income attributable to the company rose to $34.2 million from $25.9 million, delivering diluted EPS of $1.36 versus $1.03.
Year to date, revenue reached $1.35 billion versus $1.31 billion, with diluted EPS of $1.70 versus $1.04. Segment sales were $659.4 million for Tobacco Operations and $94.8 million for Ingredients. Segment operating income totaled $65.1 million versus $78.7 million in the prior-year quarter. The effective tax rate was 24.4% for the quarter. Operating cash flow used was $172.4 million, reflecting seasonal inventory build; tobacco inventories were $1.14 billion. The company declared a quarterly dividend of $0.82 per share. As of November 3, 2025, shares outstanding were 24,921,155.
In July 2025, the company received a final favorable ruling in Brazil canceling VAT assessments. A $100 million stock repurchase program remains fully available. During the quarter, the company sold $42.0 million of trade receivables, recognizing a $0.4 million loss.
Universal Corporation (UVV) furnished a press release discussing financial results for the quarter ended September 30, 2025, and announced a board change. The Board increased its size to 10 members and appointed Gregory A. Trojan as an independent director, effective immediately.
Mr. Trojan is expected to serve on the Audit Committee, the Compensation and Human Resources Committee, and the Finance and Pension Investment Committee. His compensation will align with policies for other non‑employee directors. The company also furnished a separate press release regarding his appointment.
Universal Corporation (UVV) furnished a press release discussing financial results for the quarter ended September 30, 2025, and announced a board change. The Board increased its size to 10 members and appointed Gregory A. Trojan as an independent director, effective immediately.
Mr. Trojan is expected to serve on the Audit Committee, the Compensation and Human Resources Committee, and the Finance and Pension Investment Committee. His compensation will align with policies for other non‑employee directors. The company also furnished a separate press release regarding his appointment.
Universal Corporation (UVV) furnished a press release discussing financial results for the quarter ended September 30, 2025, and announced a board change. The Board increased its size to 10 members and appointed Gregory A. Trojan as an independent director, effective immediately.
Mr. Trojan is expected to serve on the Audit Committee, the Compensation and Human Resources Committee, and the Finance and Pension Investment Committee. His compensation will align with policies for other non‑employee directors. The company also furnished a separate press release regarding his appointment.