Tilray(TLRY)

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Tilray Brands, Inc. (TLRY) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-01-04 00:36
Market Performance - Tilray Brands, Inc (TLRY) closed at $1 45 with a -0 68% movement compared to the previous day lagging behind the S&P 500's 1 26% gain the Dow's 0 8% gain and the Nasdaq's 1 77% gain [1] - Over the previous month TLRY shares gained 12 31% outperforming the Consumer Staples sector's loss of 6 03% and the S&P 500's loss of 2 82% [1] Earnings and Revenue Estimates - The company is expected to release earnings on January 10 2025 with a Zacks Consensus Estimate for revenue of $218 22 million up 12 62% from the year-ago period [2] - For the entire fiscal year the Zacks Consensus Estimates predict earnings of -$0 14 per share and revenue of $908 93 million indicating year-over-year changes of +57 58% and +15 21% respectively [3] Analyst Estimate Revisions - Recent changes to analyst estimates for Tilray Brands Inc reflect short-term business trends with positive revisions indicating optimism about the company's business outlook [4] - These estimate alterations are directly linked to near-term stock price performance [5] Industry Ranking - The Consumer Products - Staples industry part of the Consumer Staples sector has a Zacks Industry Rank of 73 placing it in the top 30% of all 250+ industries [6] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6] Zacks Rank System - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell) with 1 rated stocks producing an average annual return of +25% since 1988 [7] - Over the past month the Zacks Consensus EPS estimate for Tilray Brands Inc has shifted 2 33% upward and the company currently holds a Zacks Rank of 3 (Hold) [7]
Tilray Brands Moves Earnings Date to January 10, 2025, in Observance of the National Day of Mourning
GlobeNewswire· 2025-01-02 22:47
Due to the closure of the Securities and Exchange Commission and U.S. stock markets on January 9, in honor of the late former President Jimmy Carter, Tilray has moved its earnings announcement to January 10NEW YORK and LEAMINGTON, Ontario, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, today announced that the Company will now release its financial results for the second quarter ende ...
Hit Refresh in the New Year with Tilray's Premium Non-Alcohol Beverage Lineup
Newsfilter· 2024-12-30 13:00
NEW YORK, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (NASDAQ:TLRY, TSX:TLRY), a global lifestyle and consumer goods company, invites you to celebrate the new year with its refreshing non-alcoholic beverages from Liquid Love, Herb & Bloom, Happy Flower, Runner's High, and Montauk Brewing Company. Liquid Love sparkling water brings triple-filtered hydration with electrolytes and B-vitamins for a crisp and clean experience with environmentally conscious packaging. Plus, five cents is donated to non- ...
Hit Refresh in the New Year with Tilray's Premium Non-Alcohol Beverage Lineup
GlobeNewswire· 2024-12-30 13:00
Explore Tilray’s Range of Non-Alcohol Drinks, from Sparkling Waters to Hemp-Derived Delta-9 THC and IPA-Inspired BeveragesNEW YORK, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer goods company, invites you to celebrate the new year with its refreshing non-alcoholic beverages from Liquid Love, Herb & Bloom, Happy Flower, Runner's High, and Montauk Brewing Company. Liquid Love sparkling water brings triple-filtered hydration with electrolytes a ...
This 1 Metric Shows Why You Should Be Cautious With Tilray Brands Stock
The Motley Fool· 2024-12-24 10:41
Core Insights - The article emphasizes the importance of key quantitative metrics in evaluating a company's performance, particularly focusing on Tilray Brands' return on invested capital (ROIC) [1][2] Financial Performance - Tilray's trailing-12-month (TTM) ROIC is negative 5.5%, with a median ROIC of negative 9.4% over the last three years, indicating a destruction of shareholder value [6] - The company reported operating losses totaling $108.3 million in the TTM period, highlighting its struggle to generate returns above its capital costs [7] Investment Strategy - Tilray is heavily investing in selling, general, and administrative (SG&A) expenses to gain market share, which has led to operational unprofitability despite generating revenue exceeding its cost of goods sold (COGS) [8] - The company competes in saturated markets, including recreational and medicinal marijuana in Canada and North American alcoholic beverages, limiting its competitive advantage [10] Future Outlook - There is potential for Tilray's investments to yield positive ROIC in the future, especially if consumer loyalty develops and market conditions improve, such as potential marijuana legalization in the U.S. [13] - The company is not under immediate financial pressure to achieve profitability, with $287.9 million in long-term debt and $280.1 million in cash and equivalents, allowing it to sustain its expansion efforts [14] Investment Considerations - Investors should be prepared for a long-term hold, as immediate improvements in efficiency and profitability are not expected [15]
Tilray's CEO Makes a Bold Prediction: Is the Stock a Buy?
The Motley Fool· 2024-12-21 12:51
It's not a secret: The cannabis industry has been a major disappointment since Canada legalized recreational use in 2018. Some companies in the industry diversified away from their cannabis operations as a result.That was the case with Tilray Brands (TLRY 8.62%), which, through acquisitions, became one of the largest craft brewers in the U.S. But it remains a leader in the Canadian pot market and hopes that the legal landscape in other countries, especially in the U.S., will change.Tilray's CEO, Irwin Simon ...
SweetWater Brewing Announces 28th Anniversary Bash With STS9 Headlining an Immersive Jamtronica Experience
GlobeNewswire· 2024-12-19 12:30
HoliBlaze Ticket Promotion Now Available for the February 22nd SweetWater Anniversary PartyATLANTA, Dec. 19, 2024 (GLOBE NEWSWIRE) -- SweetWater Brewing Company ( “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY) celebrates its 28th year with legendary electronic jam band STS9 which will headline SweetWater’s Anniversary Party at its Atlanta brewery on Saturday, February 22. Founded in 1997, SweetWater br ...
Tilray Brands, Inc. to Announce Second Quarter Fiscal Year 2025 Financial Results on January 9, 2025
Newsfilter· 2024-12-19 12:00
NEW YORK and LEAMINGTON, Ontario, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (NASDAQ:TLRY, TSX:TLRY), a leading global lifestyle and consumer packaged goods company, today announced that the Company will release its financial results for the second quarter ended November 30, 2024 before the financial market opens on January 9, 2025. Live Conference Call and Audio Webcast Tilray will host a live conference call, which will be webcast, to discuss these results at 8:30 a. ...
Redecan Cannabis Launches New Limited-Edition Genetics and Expands Signature 'Wrapped & Redee' Pre-roll Line for the Holidays
Newsfilter· 2024-12-18 12:00
TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Redecan Cannabis, a leading brand under Tilray Brands, Inc. (NASDAQ:TLRY, TSX:TLRY), a leading global lifestyle and consumer packaged goods company, is thrilled to announce the expansion of its popular 'Wrapped & Redee' Redees Hemp'd line with two exclusive, limited edition high potency genetics just in time for the holiday season. Introducing Legendary Kush (Sativa) and Orange Cream Fuel (Indica), available in festive 20 x 0.4g packs, with ten of each unique genet ...
Redecan Cannabis Launches New Limited-Edition Genetics and Expands Signature 'Wrapped & Redee' Pre-roll Line for the Holidays
GlobeNewswire· 2024-12-18 12:00
TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Redecan Cannabis, a leading brand under Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, is thrilled to announce the expansion of its popular 'Wrapped & Redee’ Redees Hemp’d line with two exclusive, limited edition high potency genetics just in time for the holiday season. Introducing Legendary Kush (Sativa) and Orange Cream Fuel (Indica), available in festive 20 x 0.4g packs, with ten of each unique gen ...