secwatch.observer — SEC 8-K summary
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Issuer:     PYXUS INTERNATIONAL, INC. (PYYX)
CIK:        0000939930
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0000939930-25-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pyxus Q2 FY2026: sales $570.2M, operating income $46.7M; raises sales guidance, tightens EBITDA range
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- Q2 sales $570.2M (+0.7% YoY); operating income $46.7M (vs $33.0M); net loss $0.9M (vs $3.2M loss).
- Adjusted EBITDA $54.8M, up from $44.3M YoY; gross margin 15.4% vs 13.3%.
- FY2026 sales guidance raised to $2.4B-$2.6B (from $2.3B-$2.5B); adj. EBITDA tightened to $215M-$235M.
- Inventory $1,102.8M, up $160.6M YoY; net debt +$153.2M; no borrowings on $150M ABL.
- Operating cycle reduced to 167 days from 179 days; uncommitted inventory 2.7% of processed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/939930/000093993025000068/0000939930-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/939930/000093993025000068/pyx-20251112.htm
  HTML page:      https://secwatch.observer/filing/0000939930-25-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer