Earnings ·
Pyxus reports Q2 net income of $4.1M, tightens full-year Adjusted EBITDA guidance to $215M-$235M
PYYXPyxus International, Inc.
Pyxus International reported second-quarter fiscal 2027 net income attributable to the company of $4.1 million, a turnaround from a $0.9 million loss in the prior year period, driven by a $9.1 million gain on the sale of its Araranguá, Brazil processing facility and favorable foreign currency impacts. Second-quarter sales declined 5.8% to $534.4 million due to shipment timing delays in Asia and shipping constraints affecting Africa and South America shipments. Adjusted EBITDA for the quarter was $43.0 million, down from $54.8 million a year ago. The company narrowed its full-year fiscal 2027 Adjusted EBITDA guidance range to $215 million–$235 million from the previous $210 million–$240 million estimate, citing improved visibility and margin expansion in Europe. Pyxus International is a global value-added agricultural company that provides responsibly sourced tobacco products and ingredients.