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 ( PYYX ) 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 ( PYYX ) 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/Mis Actual Consensu

s s

Estimate

Q1 Net -$15.26

Income mln

Q1 $29.50

Adjusted mln

EBITDA

Q1 Gross $65.63

Profit mln

Q1 $21 mln

Operatin

g Income

Press Release:

(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.)