Pyxus International (PYX) Reports Q2 Loss of $6.04

Pyxus International (NYSE: PYX) reported Q2 EPS of ($6.04). Revenue for the quarter came in at $394.88 million.

Pieter Sikkel, President, CEO and Chairman said, "The second fiscal quarter typically is a seasonally lower quarter, and the second quarter this year overall was impacted by decreased volumes due to shipment timing, the larger crop in South America last year, and a stronger U.S. dollar in certain markets. The North American tobacco market in particular was impacted by new and increased foreign tariffs on U.S. tobacco, adverse weather conditions and the strength of the U.S. dollar. We are focused on and believe that there are offsetting opportunities in other markets although timing remains uncertain."

For earnings history and earnings-related data on Pyxus International (PYX) click here.

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