---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-23-000053"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T07:07:40.052418+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pyxus International FY2023 sales up 16.8% to $1.9B; net loss improves $43M; guides FY2024 EBITDA $155-180M

## Summary
- Sales and other revenues $1,914.9M (+16.8% YoY); net loss $39.1M, improving $43.0M from prior year.
- Adjusted EBITDA $158.8M (+25.3% YoY); operating income $93.8M (+124.9% YoY).
- Completed exchange of $580.0M secured debt in Feb 2023, extending maturities to 2027.
- FY2024 guidance: sales $1.9B-$2.1B; adjusted EBITDA $155M-$180M.
- Average gross profit per kilo +13.0%; net debt reduced to $864.3M (-$3.9M).

## SEC filing metadata
- accession: 0000939930-23-000053
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2023-06-06T23:59:59+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/939930/000093993023000053/0000939930-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993023000053/pyx-20230606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-23-000053
- JSON: https://secwatch.observer/filing/0000939930-23-000053.json
- Plain text: https://secwatch.observer/filing/0000939930-23-000053.txt

## Key facts
- Earnings Releases
  PYXUS INTERNATIONAL, INC. reported fiscal year ended March 31, 2023 results: revenue $1,914.9 million, net income $39.1 million.
  - Period: fiscal year ended March 31, 2023
  - Revenue: $1,914.9 million
  - Net income: $39.1 million
  - Result: reported results
  source text: Sales and other operating revenues were $1,914.9 million, up $275.0 million or 16.8% from the prior fiscal year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/939930/000093993023000053/0000939930-23-000053-index.htm
- Earnings Releases
  PYXUS INTERNATIONAL, INC. reported full 2024 fiscal year results: revenue between $1.9 billion and $2.1 billion. Guidance initiated.
  - Period: full 2024 fiscal year
  - Revenue: between $1.9 billion and $2.1 billion
  - Guidance: initiated
  - Result: guidance update
  source text: For the full 2024 fiscal year, Pyxus expects sales to be between $1.9 billion and $2.1 billion and adjusted EBITDA to be between $155 million and $180 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/939930/000093993023000053/0000939930-23-000053-index.htm

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