Pyxus International Q1 revenue falls on lower prices and shipment timing

Pyxus International

05/08/2026 12:17

Overview
Global agricultural company's fiscal Q1 revenue declined yr/yr due to lower prices and shipment timing
Net loss for fiscal Q1 narrowed, mainly due to an income tax benefit
Company maintained full-year guidance for net sales and adjusted EBITDA

Outlook
Pyxus maintains fiscal 2027 net sales guidance of $2.3 bln to $2.5 bln
Company continues to expect fiscal 2027 adjusted EBITDA of $210 mln to $240 mln

Result Drivers
LOWER SALES PRICES - Co said revenue fell due to lower average sales prices for leaf products in South America and Africa
SHIPMENT TIMING - Slight decrease in volumes sold mainly driven by timing of shipments in North America, with current crop largely shipped in prior quarter

Company press release: ID:nPn4XpFZva

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
 
$437.80 mln
 
Q1 Loss Per Share
 
$0.28
 
Q1 Net Loss
 
$7.04 mln
 
Q1 Adjusted EBITDA
 
$27.70 mln
 
Q1 Gross Profit
 
$61.41 mln
 

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(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.)