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