The call highlighted an overall strong financial performance with increased guidance, improved margins, and a solid cash position. However, there were some concerns with decreased year-to-date sales and high inventory levels due to larger crop investments.
Company Guidance
During the second quarter earnings call for fiscal year 2026, Pyxus International raised its sales guidance to $2.4 billion to $2.6 billion, up from the previous range of $2.3 billion to $2.5 billion, and increased the lower end of its adjusted EBITDA guidance by $10 million to a range of $215 million to $235 million. The company reported second quarter sales of $570.2 million, reflecting a $3.9 million increase from the previous year. The gross margin improved to 15.4%, compared to 13.3% in the same quarter last year, driven by higher volumes and enhanced returns on the current crop. Year-to-date sales were $1.1 billion, with year-to-date gross margins rising to 14.2% from last year's 13.3%. Second quarter operating income saw a significant increase of 41.5% to $46.7 million, while adjusted EBITDA rose by 23.6% to $54.8 million. Although year-to-date operating income decreased to $67.7 million, and adjusted EBITDA fell to $84.2 million, the company remains optimistic about strong second-half sales and cash generation, supported by its inventory position of $1.14 billion and seasonal lines of $908 million. The company also highlighted its improved operating cycle, which decreased by 12 days to 167 days, and maintained strong liquidity with no outstanding borrowings on its $150 million asset-based lending facility.
Increased Sales and EBITDA Guidance
Sales guidance increased to $2.4 billion to $2.6 billion and adjusted EBITDA guidance raised by $10 million to a range of $215 million to $235 million.
Improved Gross Margin and Operating Income
Second quarter gross margin improved to 15.4% from 13.3% last year, and operating income increased by 41.5% to $46.7 million.
Strong Cash Flow and Liquidity Position
No outstanding borrowings on $150 million ABL at the end of the quarter, and improved free cash flow adjusted for changes in working capital.
Sustainability Achievements
Progress in sustainability goals such as water and waste targets and a forthcoming update on a refreshed global sustainability strategy.
Pyxus International (PYYX) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PYYX Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 12, 2025
$3.15
$3.51
+11.43%
Aug 06, 2025
$5.18
$4.80
-7.34%
Jun 10, 2025
$5.00
$5.39
+7.80%
Feb 12, 2025
$2.70
$3.70
+37.04%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pyxus International (PYYX) report earnings?
Pyxus International (PYYX) is schdueled to report earning on Feb 18, 2026, After Close (Confirmed).
What is Pyxus International (PYYX) earnings time?
Pyxus International (PYYX) earnings time is at Feb 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.