Universal (UVV) Q4 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Fri, May 29, 2026 astatine 10:07 AM CDT 23 min read

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DATE

Friday, May 29, 2026 astatine 10 a.m. ET

CALL PARTICIPANTS

• Chairman, President, and CEO — Preston Douglas Wigner

• Chief Financial Officer — Steven S. Diel

• Vice President — Wushuang Ma

Full Conference Call Transcript

Wushuang Ma: Good morning, and convey you for joining us. With maine contiguous are Preston Douglas Wigner, our chairman, president, and CEO and Steven S. Diel, our precocious appointed main fiscal officer. During the people of this call, we volition beryllium making guardant looking statements that are based connected our existent cognition and immoderate assumptions astir the future. These are typical arsenic of contiguous only. Actual results, performance, oregon achievements could disagree materially from the anticipated results prospects, performance, oregon achievements expressed oregon implied by specified guardant looking statements. And we presume nary work to update immoderate guardant looking statements but arsenic required by law.

For accusation connected immoderate of the risks and uncertainties related to this guardant looking statements delight notation to the reports we record with the SEC and nether cautionary connection regarding guardant looking statements, our existent net property release. Finally, immoderate of the accusation we supply contiguous whitethorn beryllium based connected unaudited allocations, and whitethorn beryllium taxable to reclassification. Our comments whitethorn besides see definite non GAAP fiscal measures. Details regarding these measures, including a reconciliation of these non GAAP measures for the astir comparable GAAP measures, notation to our existent net property merchandise and different nationalist materials. This telephone is being webcast unrecorded and volition beryllium disposable for replay connected our website done 08/29/2026. And by telephone done 06/12/2026.

Call is copyrighted and whitethorn not beryllium utilized without our permission. Other than the referenced replay, we person not authorized nether this assertion work for immoderate signaling replay, oregon organisation of immoderate transcription connected this call. I would present similar to crook the telephone implicit to Preston.

Preston Douglas Wigner: Thank you, Wush. Good morning, everyone. Thank you for joining america today. Our fiscal twelvemonth 2026 show reflected coagulated execution crossed overmuch of our business. Operating successful a marketplace situation that shifted meaningfully from the anterior year. We saw oversupply successful definite baccy styles and continued marketplace headwinds successful our ingredients business, which impacted volumes and margins. Amidst these challenges, our teams astir the globe showed the resilience of our baccy operations. And we proceed to absorption connected the advancement we are making to enactment the agelong word maturation of our ingredients operations. However, our fiscal results for the 4th fourth and fiscal twelvemonth were impacted by a noncash goodwill impairment related to our Universal Ingredients Shank's operation.