Pyxus Q1 fiscal 2026 sales $508.8M (-19.8% YoY), net loss $15.8M; full-year guidance unchanged

PYXUS INTERNATIONAL, INC.

2026-Q1 EPS reported -$0.62 revenue$508,815,000

Revenue $508.8M vs $634.9M YoY; gross margin 12.9% vs 13.2% on mix shift.
Net loss attributable $15.8M vs net income $4.6M YoY; operating income $21.0M vs $40.5M.
Adjusted EBITDA $29.5M vs $55.0M; SG&A flat at $40.4M.
Reiterates FY2026 sales $2.3-2.5B, adjusted EBITDA $205-235M.
Inventory $1,089.8M (+$107.3M YoY); net debt up $90.3M; operating cycle reduced to 160 days from 172.

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