Quarterly ResultNov 4, 2026, 04:25 PM
Universal Corp Q2 Revenue Down 18% to $621.8M; EPS $0.50
AI Summary
Universal Corporation reported its financial results for the second quarter ended September 30, 2026. Revenue decreased by 18% to $621.8 million, and operating income fell by 37% to $42.6 million, with diluted EPS down 63% to $0.50. The company cited delayed tobacco shipments due to oversupply conditions and challenging market conditions in its Ingredients Operations segment. Despite the revenue and profit declines, Universal expects shipments to be heavily weighted to the second half of fiscal year 2027.
Key Highlights
- Universal Corp Q2 FY27 Revenue: $621.8M, down 18% YoY.
- Universal Corp Q2 FY27 Operating Income: $42.6M, down 37% YoY.
- Universal Corp Q2 FY27 Diluted EPS: $0.50, down 63% YoY.
- Tobacco Operations Q2 FY27 Revenue: $534.3M, down 19% YoY.
- Ingredients Operations Q2 FY27 Revenue: $87.5M, down 8% YoY.
- Total debt increased by $38.5M to $1.2B as of Sept 30, 2026.
- Insurance recovery of $4M related to Mozambique matter recognized.
Price Impact
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