Universal Corp. (UVV) Reports Q1 EPS of $0.25

Go back to Universal Corp. (UVV) Reports Q1 EPS of $0.25

Universal Corporation Reports First Quarter Results

August 3, 2022 4:16 PM EDT

RICHMOND, Va., Aug. 3, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), stated, "We are pleased with our start to fiscal year 2023. In the quarter ended June 30, 2022, we continued to effectively navigate increased costs, particularly rising prices for green leaf tobacco, and shipping constraints. We succeeded in getting a significant amount of carryover tobacco shipped out of Brazil, and our plant-based ingredients platform continued to exceed our expectations.

... More