Universal Corporation Reports First Quarter Results

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Universal Corp. (UVV) Reports Q1 EPS of $0.02

August 5, 2020 5:11 PM EDT

Universal Corp. (NYSE: UVV) reported Q1 EPS of $0.02, versus $0.19 reported last year.

Mr. Freeman stated, "Our fiscal year 2021 is off to a slow but respectable start as nearly all of our origins continue to make good progress moving through their various tobacco growing and processing activities. The first fiscal quarter is generally the weakest of our fiscal year given seasonal timing. This fiscal year, as a result of the COVID-19 pandemic ("COVID"), we are also experiencing... More