SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                            -----------------------

                                   FORM 8-K

                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

                          Date of Report: June 13, 2002
                       (Date of earliest event reported)

                             UNIVERSAL CORPORATION
            (Exact Name of Registrant as Specified in its Charter)

           Virginia                       1-652                  54-0414210
(State or Other Jurisdiction     (Commission File Number)      (IRS Employer
      of Incorporation)                                      Identification No.)

      1501 North Hamilton Street
          Richmond, Virginia                                    23230
(Address of Principal Executive Offices)                     (Zip Code)

              Registrant's telephone number, including area code:
                                (804) 359-9311
<PAGE>
Item 5.         Other Events.

                The press  release  issued  by the  Registrant  on June 13, 2002
                attached  hereto  as  Exhibit  99.1 is  incorporated  herein  by
                reference.

Item 7.         Financial Statements, Pro Forma Financial Information and
                Exhibits.

     (c)        Exhibits.

                No.   Description
                ---   -----------
                99.1  Press Release Announcing Increased Earnings Expectations.*


------------------
*Filed Herewith
<PAGE>

                               SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.

                                UNIVERSAL CORPORATION
                                     (Registrant)

Date: June 14, 2002             By: /s/ James A. Huffman
                                    ---------------------------------
                                    James A. Huffman
                                    Controller

<PAGE>

                                 Exhibit Index

Exhibit
Number          Document
-------         --------

99.1            Press Release Announcing Increased Earnings Expectations.*

-------------------
*Filed Herewith
[{"type": "8-K", "sequence": "1", "filename": "universal_8k1.txt", "description": "FORM 8-K", "secsgml_size_bytes": 2463}]
{"company-data": {"conformed-name": "UNIVERSAL CORP /VA/", "cik": "0000102037", "assigned-sic": "5150", "irs-number": "540414210", "state-of-incorporation": "VA", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-00652", "film-number": "02678913"}, "business-address": {"street1": "1501 NORTH HAMILTON STREET", "street2": "PO BOX 25099", "city": "RICHMOND", "state": "VA", "zip": "23230", "phone": "8043599311"}, "mail-address": {"street1": "PO BOX 25099", "city": "RICHMOND", "state": "VA", "zip": "23260"}, "former-company": {"former-conformed-name": "UNIVERSAL LEAF TOBACCO CO INC", "date-changed": "19880314"}}
SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                            -----------------------

                                   FORM 8-K

                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

                          Date of Report: June 13, 2002
                       (Date of earliest event reported)

                             UNIVERSAL CORPORATION
            (Exact Name of Registrant as Specified in its Charter)

           Virginia                       1-652                  54-0414210
(State or Other Jurisdiction     (Commission File Number)      (IRS Employer
      of Incorporation)                                      Identification No.)

      1501 North Hamilton Street
          Richmond, Virginia                                    23230
(Address of Principal Executive Offices)                     (Zip Code)

              Registrant's telephone number, including area code:
                                (804) 359-9311
Item 5.         Other Events.

                The press  release  issued  by the  Registrant  on June 13, 2002
                attached  hereto  as  Exhibit  99.1 is  incorporated  herein  by
                reference.

Item 7.         Financial Statements, Pro Forma Financial Information and
                Exhibits.

     (c)        Exhibits.

                No.   Description
                ---   -----------
                99.1  Press Release Announcing Increased Earnings Expectations.*

------------------
*Filed Herewith
SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.

                                UNIVERSAL CORPORATION
                                     (Registrant)

Date: June 14, 2002             By: /s/ James A. Huffman
                                    ---------------------------------
                                    James A. Huffman
                                    Controller
Exhibit Index

Exhibit
Number          Document
-------         --------

99.1            Press Release Announcing Increased Earnings Expectations.*

-------------------
*Filed Herewith