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09.03.26 - 23:00
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The One Phrase Preston Wigner Used That Explains UVV’s 10% Stock Collapse (24/7 Wall St.)
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Universal Corporation's CEO called Q3 FY2026 “solid performance.” The numbers told a different story, and investors punished the stock accordingly. Universal Corporation (NYSE:UVV) reported its third fiscal quarter on February 9, 2026, and the headline miss was hard to spin. EPS came in at $1.35 against a consensus estimate of $1.92, a -29.69% miss. Net ... The One Phrase Preston Wigner Used That Explains UVV's 10% Stock Collapse
The post The One Phrase Preston Wigner Used That Explains UVV's 10% Stock Collapse appeared first on 24/7 Wall St.....
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09.02.26 - 14:06
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Universal Corporation Reports Nine Month and Third Quarter 2026 Results (Business Wire)
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Continued Solid Consolidated PerformanceRICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a global business-to-business agriproducts company, today announced financial results for the nine months and quarter ended December 31, 2025.
Preston D. Wigner, Chairman, President, and Chief Executive Officer of Universal, stated, “We are pleased with Universal's solid performance in the quarter and nine months ended December 31, 2025. Our tobacco operations continued to deliver strong results, with firm customer demand for most tobacco styles and shipments progressing smoothly. As market dynamics evolve toward oversupply, our long track record in sourcing and local expertise in our operating regions position us well to navigate the environment effectively and optimize results under a range of conditions.”
“In our Universal Ingredients business, we maintained revenue growth for the year to date period in the face of challenging market conditions with sof...
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09.02.26 - 14:06
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Universal Corporation Appoints Steven S. Diel as Chief Financial Officer (Business Wire)
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Diel Brings Over 25 Years of Financial, Strategy, Corporate Development, and Operational Leadership ExperienceRICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a leading global business-to-business agriproducts company, today announced that Steven S. Diel, has been appointed Senior Vice President and CFO of Universal Corporation, effective April 1, 2026.
Mr. Diel brings over 25 years of experience in finance, corporate development, and business strategy expertise. Mr. Diel joined Universal Corporation in 2018 as Vice President of Business Development, where he led the Company's financial planning and analysis and corporate development functions. In that role, he was responsible for acquisitions totaling more than $350 million that established the Company's ingredients segment and gained a deep understanding of the Company's tobacco and ingredients business and operations. His was recently promoted to Vice President and CFO of Universal Ingredients,...
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04.02.26 - 22:21
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Universal Corporation Announces Quarterly Dividend (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV), a global business-to-business agriproducts company, announced today that its Company's Board of Directors declared a quarterly dividend of eighty-two cents ($0.82) per share on the shares of the Company, payable May 4, 2026, to shareholders of record at the close of business on April 15, 2026.
About Universal Corporation
Universal Corporation (NYSE:UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more inf...
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02.02.26 - 22:21
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Universal Corporation Announces Conference Call (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV), a global business-to-business agriproducts company, will webcast its conference call at 5:00 p.m. Eastern Time on February 9, 2026. The Company will release its results for the third quarter of fiscal year 2026 before market open on February 9, 2026.
A live webcast of the conference call will be available online on a listen-only basis at www.universalcorp.com. A replay of the webcast conference call will be available at that site through May 9, 2026. A replay of the call will also be available from 8:00 p.m. Eastern Time on February 9 through February 23, 2026, at (800) 770-2030 (Playback ID: 5786366#).
All remarks made during the conference call will be current at the time of the call, and the language of the call will not be updated to reflect subsequent material developments. While news media representatives will not be able to ask questions during the webcast, they are welcome to monitor the remarks on a listen-only basis. The use of an...
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21.01.26 - 22:21
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Universal Corporation Appoints Anubhav Mittal as Chief Financial Officer (Business Wire)
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Mittal Brings Extensive Financial, Business, Strategy, and Leadership ExperienceRICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a leading global business-to-business agriproducts company, today announced the appointment of Anubhav Mittal as Senior Vice President and Chief Financial Officer (“CFO”), effective February 17, 2026. Mr. Mittal's appointment reflects the successful culmination of the Company's previously announced CFO search process.
Mr. Mittal brings 20 years of experience in finance, corporate strategy, and business transformation across global, publicly traded consumer products, agriculture, and ingredients businesses to Universal. Most recently, he served as CFO of ADM Nutrition, Archer Daniels Midland Company's (“ADM”) approximately $8 billion global nutrition, flavors, and ingredients business, overseeing financial strategy, portfolio management, and growth initiatives across a multi-geography operating footprint. Mr. Mitt...
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10.12.25 - 22:21
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Universal Corporation Closes $1.4 Billion Credit Facility Refinancing (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a leading global business-to-business agriproducts company, today announced it has successfully entered into a new bank credit agreement. The credit agreement, which became effective on December 9, 2025, established a $1.4 billion senior unsecured credit facility (the “2025 Facility”) that consists of a five-year $780 million committed revolving credit facility, a funded $275 million five-year term loan, and a funded $345 million seven-year term loan. The 2025 Facility replaced the Company's $1.15 billion senior unsecured credit facility.
“This refinancing strengthens our Company by increasing liquidity and financial flexibility, lowering borrowing costs, and expanding our banking relationships,” said Preston Wigner, Chairman, President, and Chief Executive Officer of Universal. “We appreciate the strong support from our new and existing banking partners. Our new credit facility positions us...
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10.11.25 - 14:06
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Universal Corporation Appoints Chief Human Resources Officer (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV), a leading global business-to-business agriproducts company, today announced the recent appointment of Tatiana Santos Godoi as Chief Human Resources Officer.
Ms. Godoi brings more than two decades of international human resources leadership experience across North America, Latin America, and global corporate functions. Prior to joining Universal, she served as Vice President of Human Resources – North America for Kerry, Inc. where she led HR for 50 sites across the U.S. and Canada, supporting approximately 6,000 employees. She previously held senior leadership roles at Kerry Latin America, Mars Incorporated, Newell Rubbermaid, Villares Metals, and LaticÍnos Bom Gosto.
“Tatiana's appointment as Chief Human Resources Officer reflects our commitment to investing in leadership that strengthens our workforce and culture,” said Preston Wigner, Chairman, President, and Chief Executive Officer of Universal Corporation. “Her leadership will...
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05.11.25 - 22:18
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Universal Corporation Reports First Half and Second Quarter 2026 Results (Business Wire)
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Revenue up 3% and 6% for First Half and Second Quarter 2026, respectively
Operating Income up 18% for First Half and down 2% for Second Quarter 2026
Continued Strong Operational Performance in First Half of Fiscal Year 2026
RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a global business-to-business agriproducts company, today announced financial results for the six months and quarter ended September 30, 2025.
Preston D. Wigner, Chairman, President, and Chief Executive Officer of Universal, stated, “We are proud of the strong operational performance of both of our business segments in the first half of fiscal year 2026. Our Tobacco Operations segment achieved solid results. Customer demand has remained firm following several years of undersupply, despite significantly larger tobacco crops this fiscal year. Tobacco buying has been completed in most key growing regions, and green tobacco prices have softened in certain regions compared to the previ...
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05.11.25 - 22:18
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Universal Corporation Announces Appointment of Gregory A. Trojan to Board of Directors (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE: UVV), a global business-to-business agriproducts company, today announced the appointment of Gregory A. Trojan to its Board of Directors (the “Board”), effective November 5, 2025.
Mr. Trojan brings over 25 years of executive leadership experience across nationally recognized restaurant, retail, and consumer products companies to Universal. He served as CEO of BJ's Restaurants, the owner and operator of over 200 casual dining restaurants throughout the U.S., from 2013 to 2021 and as a member of the board of directors from 2012 to September 2025. Before that, Mr. Trojan served as CEO of Guitar Center and House of Blues Entertainment and held various senior leadership positions at PepsiCo. He currently serves on the Board of Directors of Casey's General Stores, Inc. as well as the Board of Managers of CEC Brands, LLC, the parent company of Chuck E. Cheese and Peter Piper Pizza.
“We are pleased to welcome Greg to our Board,” said Preston D...
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03.11.25 - 22:18
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Universal Corporation Announces Conference Call (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV), a global business-to-business agriproducts company, will webcast its conference call at 10:00 a.m. Eastern Time on November 6, 2025. The Company will release its results for the second quarter of fiscal year 2026 after market close on November 5, 2025.
A live webcast of the conference call will be available online on a listen-only basis at www.universalcorp.com. A replay of the webcast conference call will be available at that site through February 6, 2026. A replay of the call will also be available from 1:00 p.m. Eastern Time on November 6 through November 20, 2025, at (800) 770-2030 (Playback ID: 5786366#).
All remarks made during the conference call will be current at the time of the call, and the language of the call will not be updated to reflect subsequent material developments.
While news media representatives will not be able to ask questions during the webcast, they are welcome to monitor the remarks on a listen-only basis. The us...
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06.08.25 - 22:18
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Universal Corporation Reports First Quarter Fiscal Year 2026 Results (Business Wire)
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Revenue of $594 million for First Quarter 2026, down $3 million quarter-over-quarter
Operating Income of $34 million for First Quarter 2026, up $17 million quarter-over-quarterRICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a global business-to-business agriproducts company, today announced financial results for the quarter ended June 30, 2025.
Preston D. Wigner, Chairman, President, and Chief Executive Officer of Universal, stated, “We are pleased with our good start for fiscal year 2026. Our Tobacco Operations segment's improved quarterly performance was driven primarily by a favorable product mix in the first quarter, despite lower carryover crop sales. The reduction in carryover crop sales in the quarter resulted from significant shipment volumes earlier in the prior fiscal year. Current flue-cured and burley tobacco crop sizes have increased significantly, and we are seeing more typical tobacco buying patterns with green tobacco purchases la...
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