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Universal Corp. reports declining results with Q2 revenue of $622 million

The Motley Fool +1 · ·by G4L

UVV
UVV Universal Corp
$38.71 -1.78%
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  1. 1Universal Corp. recorded consolidated revenue of $622 million for the second quarter of fiscal year 2027.
  2. 2Universal Corp. tobacco business segment revenue decreased by 19% in the second quarter of fiscal year 2027 compared to the same period last year.
  3. 3Universal Corp. will implement a restructuring of its Ingredients business unit.

So what's the key point?

Universal Corp. tobacco business revenue fell 19 percent compared to last year. The company plans to reorganize its business segments.

Source The Motley Fool +1 · View original ↗

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