Pyxus International Inc. reported its second quarter fiscal 2026 results, with operating income rising to $46.7 million from $33.0 million in the same period last year. The company achieved a year-over-year gross margin expansion and increased its adjusted EBITDA to $54.8 million compared to $44.3 million in the previous year's second quarter. Selling, general and administrative expenses for the quarter were $40.1 million, up slightly from $38.8 million. The net loss attributable to Pyxus was $0.9 million, an improvement from a $3.2 million net loss in the prior year's quarter. The company has updated its full-year sales and adjusted EBITDA guidance based on improved performance and near-term visibility.
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