Pyxus International, Inc. Reports Second Quarter Fiscal 2027 Results
Key Highlights
- ➤Q2 net income attributable rose to $4.1 million from a $0.9 million loss
- ➤Q2 sales declined to $534.4 million as leaf volumes sold fell 15.8%
- ➤Q2 Adjusted EBITDA reached $43.0 million, reflecting current crop shipping cadence
- ➤Net debt decreased $13.6 million to $1,250.5 million; net leverage improved to 5.86x
- ➤FY2027 Adjusted EBITDA guidance narrowed to $215 million-$235 million from $210 million-$240 million
Expert Statements
Pieter Sikkel, President and Chief Executive Officer of Pyxus International, Inc.
“We closed the second quarter and first half of fiscal 2027 well positioned to execute a heavily weighted second half.”
Pieter Sikkel, President and Chief Executive Officer of Pyxus International, Inc.
“Throughout the quarter, we deployed working capital with discipline, aligning crop purchases directly with customer commitments and strengthening our position for second-half execution.”
Pieter Sikkel, President and Chief Executive Officer of Pyxus International, Inc.
“Market dynamics extended purchasing timelines, while external factors including widespread global shipping delays, shifted a portion of sales into the back half of the year.”
Pieter Sikkel, President and Chief Executive Officer of Pyxus International, Inc.
“Those volumes are included in our second-half shipment plan, and with nearly 95% of our lower-cost processed inventory committed, we are ready to deliver on our full-year priorities.”
Pieter Sikkel, President and Chief Executive Officer of Pyxus International, Inc.
“Our improved margins and strong ongoing customer demand further support our outlook, and we are tightening our full-year Adjusted EBITDA guidance.”
Pyxus International, Inc. Reports Second Quarter Fiscal 2027 Results PR Newswire
— Q2 Net Income Attributable to Pyxus International, Inc. Increased to $4.1 Million — — Q2 Adjusted EBITDA of $43.0 Million Reflects Current Crop Shipping Cadence — — Net Leverage Improved to 5.86x — — Full-year Outlook on Track; Tightens Adjusted EBITDA Guidance Range to $215 million to $235 million —
Get started
Create a free account to read the full story.