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Universal Corp (UVV) Stock Is Falling Today: What’s Behind the Drop, and Are Other Tobacco Stocks Plummeting Today?
['Eric Bleeker', 'Mon', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Quick ReadUVV cratered 6%, breaking below its 52-week low after Q1 EPS missed by $0.45 and Tobacco Operations operating income collapsed 90%.
UVV's 56-year dividend streak yields 6%, anchoring the bull case as management expects tobacco shipments to rebound in H2 FY27.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Universal didn't make the cut.
The damage was concentrated in the core Tobacco Operations segment, where revenue fell 13% year over year to $437.13 million and operating income collapsed 90% to $3.47 million.
Gross margin compressed 330 basis points to 15.9%, and operating income fell 93.23% to $2.30 million.