Pyxus International, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2022
August 11, 2022 at 04:46 pm EDT
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Pyxus International, Inc. reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was USD 343.91 million compared to USD 333.29 million a year ago. Net loss was USD 14.66 million compared to USD 11.51 million a year ago. Basic loss per share from continuing operations was USD 0.59 compared to USD 0.46 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. 
