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AI brief of an SEC Form 8-K · Universal (UVV)

Universal Q2 fiscal 2027 net income falls 63% to $12.6 million on lower tobacco volumes

Negative Impact 3 of 5 earnings

Universal Corporation reported results for the quarter ended September 30, 2026. Sales fell 18% to $621.8 million, and diluted earnings per share were $0.50 versus $1.36 a year earlier, as tobacco shipments were delayed by the market cycle. Management said shipments are forecast to be heavily weighted to the second half of fiscal 2027.

Key points

  • Quarterly sales of $621.8 million, down 18% from $754.2 million; operating income of $42.6 million, down 37%
  • Diluted EPS of $0.50 versus $1.36; adjusted diluted EPS (non-GAAP) of $0.39 versus $1.36
  • Uncommitted tobacco inventory was 19% at September 30, 2026, within the company's target range
  • Total debt rose to $1.20 billion and net debt (non-GAAP) to $1.15 billion, up $82.3 million from a year earlier

The filing

CompanyUniversal (UVV)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:17 PM ET
Accession number0001628280-26-070172

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.