The cannabis company delivered better-than-expected results on the top and bottom lines. The company's shares jumped by as much as 17.5% early today and were up by 10.1% as of 3:53 p.m. Tilray generated $229.9 million in sales in the fourth quarter, up 25% from the year-ago quarter and ahead of Wall Street's consensus estimate of $227 million. Tilray acquired eight beer brands from Anheuser-Busch last year, making it the fifth largest craft brewer in the U.S. Growing financial strength That improvement like ...

skynesher/iStock via Getty Images Tilray Brands (NASDAQ:TLRY) constantly reports quarterly earnings where the Canadian cannabis provider appears to be reporting strong growth, but most of the growth isn't organic. In addition, the company has now moved substantially away from the cannabis business, limiting the ability to benefit from the growing market opportunity. My investment thesis remains Bearish on the stock due to the constant inability to manage a far-flung business. Tilray Q4 Results - More Of The ...

After the bell on Monday, we received fiscal fourth quarter results from Tilray (NASDAQ:TLRY). The Canadian cannabis and beverage firm was one of the leading bubble names back in 2018, but shares have lost almost all of their value since. Over the past couple of quarters, the company has worked to shore up its balance sheet a bit, but it has come at a major cost to shareholders. Monday's report showed some solid improvements, but not enough yet to warrant a buy recommendation. Shutter2U Tilray's run to $300 ...

Tilray Brands, Inc. (NASDAQ:TLRY) Q4 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Robert Moskow - TD Cowen Andrew Carter - Stifel Aaron Grey - Alliance Global Partners Owen Bennett - Jefferies Frederico Gomes - ATB Capital Markets Conference Call Participants Berrin Noorata - Chief Corporate Affairs and Communications Officer Irwin Simon - Chairman and CEO Carl Merton - CFO Denise Faltischek - Chief Strategy Officer and Head of International Operator Hello, and thank you for j ...

For the quarter ended May 2024, Tilray Brands, Inc. (TLRY) reported revenue of $229.88 million, up 24.8% over the same period last year. EPS came in at -$0.04, compared to $0.00 in the year-ago quarter. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how Tilray Brands performed in the just reported quarter in te ...

Tilray Brands, Inc. (TLRY) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced break-even earnings, delivering a surprise of 100%. Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38594 TILRAY BRANDS, INC. (Exact name of Registrant as specified in its Charter) Delaware 82-4310622 (State or other jurisdiction of incor ...

Fiscal 2024 Net Revenue Reaches $789 Million, Led by Cannabis Net Revenue of $273 Million and Beverage-Alcohol Net Revenue of $202 Million Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray's mis ...

Record Fiscal 2024 Gross Profit Fiscal 2024 Net Revenue Reaches $789 Million, Led by Cannabis Net Revenue of $273 Million and BeverageAlcohol Net Revenue of $202 Million Irwin D. Simon, Chairman and Chief Executive Officer, stated, "Tilray Brands is leading the convergence of cannabis, beverages, and wellness on a global scale. In Fiscal 2024, the Company achieved remarkable growth across its businesses, with a 26% increase in net revenue over the prior year, record-breaking performance in gross profit and ...

Record Fiscal 2024 Gross Profit Fiscal 2024 Net Revenue Reaches $789 Million, Led by Cannabis Net Revenue of $273 Million and BeverageAlcohol Net Revenue of $202 Million NEW YORK and LEAMINGTON, Ontario, and NEÜMUNSTER, Germany, July 29, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray", "our", "we" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a global lifestyle consumer packaged goods company elevating lives through moments of connection, today reported financial results for its fourth quarter and fis ...