---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-21-000057"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2021-08-13T23:59:59+00:00"
generated_at: "2026-06-29T12:15:01.400012+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pyxus Q1 sales +26.8% to $333.3M; net loss improves 87.5% to $11.5M; adj. EBITDA $14.8M (+92.2%)

## Summary
- Sales $333.3M vs $262.8M YoY; leaf volume +8.6%, avg price +17.4%.
- Gross margin expanded to 12.6% from 7.5% on lower conversion costs and product mix.
- SG&A fell 44.4% to $33.8M from $60.8M, reflecting restructuring savings and deconsolidation.
- FY2022 guidance reaffirmed: sales $1.65B-$1.8B, adj. EBITDA $150M-$170M.
- BAT Indonesian subsidiary adopted new leaf supply arrangement, expanding contract volumes.

## SEC filing metadata
- accession: 0000939930-21-000057
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2021-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000093993021000057/0000939930-21-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993021000057/pyx-20210813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-21-000057
- JSON: https://secwatch.observer/filing/0000939930-21-000057.json
- Plain text: https://secwatch.observer/filing/0000939930-21-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.