---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-24-000083"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T06:08:13.876241+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pyxus reports FY2024 net income $2.7M, revenue $2.0B, debt repurchase on track

## Summary
- Net income of $2.7M vs prior year loss of $39.1M; operating income $137.2M (+46.3% YoY).
- Adjusted EBITDA $193.9M (22.1% increase), near top of guidance; gross margin improved to 15.4% from 13.6%.
- Completed $88.2M of $122.5M debt repurchase; expects to complete by September at avg 22.1% discount.
- FY2025 guidance: sales $2.1-2.3B, adjusted EBITDA $165-185M, citing El Niño pressure on margins.
- Leverage ratio 4.8, interest coverage 1.5; intends to negotiate lower borrowing costs.

## SEC filing metadata
- accession: 0000939930-24-000083
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000093993024000083/0000939930-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993024000083/pyx-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-24-000083
- JSON: https://secwatch.observer/filing/0000939930-24-000083.json
- Plain text: https://secwatch.observer/filing/0000939930-24-000083.txt

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