Agri firm Pyxus' Q1 revenue falls 20%, net loss widens

Pyxus International

06/08/2025 12:22

Overview

Pyxus fiscal Q1 2026 revenue falls to $508.8 mln, impacted by shipment timing

Net loss for fiscal Q1 2026 at $15.8 mln, down from $4.6 mln last year

Adjusted EBITDA declines to $29.5 mln, reiterates full-year guidance

Outlook

Pyxus expects fiscal year sales between $2.3 bln and $2.5 bln

Company anticipates adjusted EBITDA between $205 mln and $235 mln for fiscal year

Pyxus sees strong customer demand and improved efficiencies impacting second half

Company expects larger crop sizes to reinforce strong fiscal year outlook

Result Drivers

SHIPMENT TIMING - Revenue impacted by acceleration of customer shipments into Q4 of fiscal 2025, partially offset by higher pricing per kilogram

CROP PURCHASES - Larger crop sizes in South America and Africa provided buying opportunities, supporting future customer demand

GROSS PROFIT MARGIN - Slight decrease in gross profit margin due to regional and customer mix changes in leaf sales, partially offset by increased processing and other gross profits

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$15.26 mln
Q1 Adjusted EBITDA
$29.50 mln
Q1 Gross Profit
$65.63 mln
Q1 Operating Income
$21 mln


Press Release: ID:nPn3TdvbMa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)