Risk factors
Universal (UVV) risk factors
Item 1A of every Universal Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors24 risks2 dropped4 reworded
The filing drops risks tied to an unresolved internal-control material weakness and temporary loss of Form S-3 eligibility.
Filed Jun 01, 2026 - FY2025 10-K risk factors26 risks
Universal Corp operates primarily in the volatile leaf tobacco supply chain and expanding plant-based ingredients markets. Financial results face heavy reliance on a few large customers, volatile crop conditions, and regulatory pressures.
Filed May 30, 2025