Tilray Brands (NASDAQ:TLRY) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS
Beverage revenue climbed 82% to $101.5 million as BrewDog boosted sales, and Tilray cut debt by $42 million while reaffirming guidance.
- On Thursday, Tilray Brands, Inc. reported record first-quarter net revenue of $257 million, up 23% year-over-year, as beverage sales surged while cannabis revenue declined.
- Beverage revenue jumped 82% to $101.5 million following the BrewDog acquisition, while cannabis revenue contracted to $56.1 million from $64.5 million year-over-year.
- Gross profit rose to $77.5 million as gross margin expanded to 30% from 27%, while Tilray reduced outstanding debt by $42 million fiscal year-to-date.
- Adjusted EBITDA declined to $9.2 million from $10.2 million despite record revenue; approximately $1.7 million in global fuel surcharges pressured profitability.
- Tilray reaffirmed fiscal 2027 adjusted EBITDA guidance of $68 million to $75 million, representing double-digit growth, as investors monitor cannabis segment stabilization.
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A Q1 FY2027 revenue record from Tilray Brands (NASDAQ:TLRY) is drawing heavy selling, because the segment that built the company’s following moved the wrong way. Tilray Brands shares are at $3.56, down 4% this morning, as the company’s cannabis sales contracted while its beer and distribution units carried the top line. Meanwhile, Canopy Growth (NASDAQ:CGC) […]
Tilray Brands (NASDAQ:TLRY) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS
Tilray Brands (NASDAQ:TLRY - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.16. The business had revenue of $257.15 million during the quarter, compared to analyst estimates of $266.26 million. Tilray Brands had a negative return on equity of 7.76% and a negative net margin of 13.11%.
Financial Post
Tilray Brands Delivers Record Q1 Fiscal 2027 Revenue and Record Q1 Gross Profit, Demonstrating the Power of Its Global Platform, Driven by Double-Digit Year-Over-Year Growth Across International Cannabis, Beverage and Pharmaceutical Distribution
First-Quarter Results Reinforce Tilray’s Progress Converting Global Scale, Disciplined Execution and Category Leadership into Higher Revenue, Expanded Gross Profit and Continued Momentum Record First-Quarter Net Revenue of $257 Million, Up 23% Year-Over-Year, with Gross Margin Expanding by ~300 bps to 30% International Business Accelerates as EMEA Revenue Increases 71%, Growth Led by Medical Cannabis, Beverage […]
Tilray Says BrewDog Is Profitable, Aims for 5 or 6 U.S. Craft Breweries
Profit has been detected inside BrewDog. Tilray Brands has declared BrewDog profitable for its fiscal first quarter, the three months ended Aug. 31, 2026, and the beverage business it now anchors grew 82% to $101.5 million. Tilray reported the results Thursday, Oct. 8, in an earnings release filed with the SEC. On the same day,...
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