Pyxus International, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2023
February 14, 2023 at 04:50 pm EST
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Pyxus International, Inc. provided earnings guidance for the third quarter and full year of fiscal year 2023. The company anticipates the third quarter to be the company's largest sales quarter of the fiscal year due to more normalized shipping schedules.
For the full year, based on the company's expectations for continued improvement year-over-year, it has revised its expected sales to be between $1.85 billion to $2.00 billion.
Pyxus International, Inc. is an agricultural company. The Company is a provider of sustainable and traceable products and ingredients. The Company operates through its Leaf segment. Its core business includes tobacco leaf merchant business, purchasing, processing, packing, storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products around the world. Its leaf tobacco operations deal primarily in flue-cured, burley, and oriental tobaccos that are used in international cigarette brands. It processes tobacco in Company-owned and third-party facilities around the world, including in Argentina, Brazil, China, Guatemala, India, Indonesia, Jordan, Macedonia, Malawi, Tanzania, Thailand, Turkey, United States, and Zimbabwe. Throughout the entire production process, from seed through processing and final shipment, its SENTRI traceability platform provides clear visibility into how products are produced throughout the supply chain, supporting product integrity.
PYXUS INTERNATIONAL, INC. 
