10-Q quarterly report · filed Aug 5, 2026

UNIVERSAL CORP /VA/ (UVV) Q2 2026 10-Q Quarterly Report

Short answer

UNIVERSAL CORP /VA/ (UVV) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $520M (down 12.2% year over year) with net income of −$5M.

Q2 2026 key financials · XBRL

Revenue
$520M
−12.2% YoY
Net income
−$5M
−159.0% YoY
Operating margin
0.4%
EPS (diluted)
−$0.20
−158.8% YoY

Source: XBRL data from the UNIVERSAL CORP /VA/ (UVV) Q2 2026 10-Q on SEC EDGAR. USD.

UNIVERSAL CORP /VA/ Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $523.8M, down 12% YoY from $593.8M, driven by tobacco volumes down 9% and prices down 6%
  • Gross margin 15.9% vs 19.2% YoY; operating income $2.3M vs $33.8M
  • Best segment Tobacco revenue $437.1M; worst Ingredients operating loss $0.7M vs $1.7M income YoY
  • Operating cash use $117.1M, down $88.0M YoY; cash $173.6M vs $178.4M
  • Outlook: consistent fiscal 2027 demand; oversupply, consumer weakness, tariffs, and high Lancaster fixed costs remain headwinds

Risk Factors

  • No material changes to risk factors disclosed in the 2026 Form 10-K
  • Credit-facility covenant risk, including minimum tangible net worth and maximum debt limits
  • Dividend restriction risk if financial covenants are breached
  • Share-repurchase capacity risk, with $97,254,583 remaining through November 15, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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