Universal Corp (UVV) Swings to Q4 Loss on Goodwill Impairment Charge

Universal Corp (NYSE: UVV) reported a net loss for its fiscal fourth quarter ended March 31, 2026, reversing a year-ago profit, as a non-cash goodwill impairment charge eroded results. The Richmond, Virginia-based leaf tobacco merchant did not immediately provide the size of the impairment or detailed revenue figures. The loss marks a sharp contrast to the prior-year period, when the company benefited from stronger demand and operational efficiencies.