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Pyxus International Q1 revenue falls on lower prices and shipment timing

Pyxus International Q1 revenue falls on lower prices and shipment timing


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


Reuters Recommended Reads

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  • Aug 4 - ADM lifts 2026 profit forecast on strong margins, favorable biofuels outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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