Earnings ·
Pyxus International, Inc. reported first quarter fiscal 2027 results ending June 30, 2026
PYYXPyxus International, Inc.
Pyxus International, Inc. reported first quarter fiscal 2027 results ending June 30, 2026. Sales decreased to $437.8 million from $508.8 million in the prior year period due to lower average sales prices and shipment timing shifts. The company recorded a net loss of $7.3 million compared to a $15.8 million loss previously, driven by an income tax benefit of $5.7 million. Adjusted EBITDA was $27.7 million versus $29.5 million in the prior year. Net debt decreased by $130.9 million to $1,108.7 million, with no outstanding borrowings on its $150.0 million asset-based line of credit. The company maintained full-year fiscal 2027 guidance for net sales between $2.3 billion and $2.5 billion and adjusted EBITDA between $210 million and $240 million. Pyxus International, Inc. is a global value-added agricultural company specializing in the sourcing and processing of leaf tobacco.