Quarterly ResultAug 5, 2026, 04:24 PM
Universal Corp Q1 Revenue $523.8M, Operating Income $2.3M, EPS $(0.20)
AI Summary
Universal Corporation reported a significant decline in its first fiscal quarter 2027 results. Revenue decreased 12% to $523.8 million, operating income dropped 93% to $2.3 million, and diluted earnings per share were $(0.20), down 159% year-over-year. The company attributed the declines to lower tobacco sales volumes and prices, and persistent market headwinds in its ingredients segment. Additionally, at its 2026 Annual Meeting, shareholders elected directors, approved executive officer compensation, and ratified Ernst & Young LLP as the independent registered public accounting firm.
Key Highlights
- Consolidated revenue decreased 12% to $523.8 million for Q1 FY27.
- Operating income fell 93% to $2.3 million in the first quarter.
- Diluted EPS was $(0.20), a 159% decrease from $0.34 in the prior year.
- Tobacco operations revenue declined 13% to $437.1 million.
- Ingredients operations revenue decreased 3% to $86.7 million.
- Total debt was down $55.5 million to $1.18 billion at June 30, 2026.
- Shareholders elected directors, approved executive compensation, and ratified auditors at the AGM.
Price Impact
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