Universal (UVV) - 2023 Q3 - Earnings Call Transcript

Yes. Okay. So rates should go up, interest rate expense should go up in fiscal '24, depending on what happens. the rates are up certainly and our borrowings certainly were up during the year. Candace Formacek Okay. And then with your inventory, you were just saying your inventory level for Universal at 7%. That is low given that you usually keep a little reserve for customers. So, can you walk me through kind of the thought process behind that? Ann Gurkin No. We have not put out a synergy number. We're talk ...