Pyxus International, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
August 13, 2021 at 04:34 pm EDT
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Pyxus International, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced sales was USD 333.290 million compared to USD 262.809 million a year ago. Operating income was USD 8.204 million compared to operating loss of USD 43.596 million a year ago. Net loss was USD 11.508 million compared to USD 92.161 million a year ago. Basic loss per share from continuing operations was USD 0.46 compared to USD 9.24 a year ago.
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. 
