Tilray Brands cuts sales forecast [Yahoo! Finance]
Tilray Brands, Inc. - Class 2 (TLRY)
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm
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Source: Yahoo! Finance
In a statement accompanying its latest results yesterday (8 April), the Hi*Ball Energy drinks producer cut its guidance for fiscal 2025 net revenues down to US$850m-$900m. It had previously forecast net revenues would sit between $950m and $1bn. Tilray pinned the new forecast on "adjustments for constant currency and the impacts of the strategic initiatives and SKU rationalisation". In the three months ended 28 February, the Atwater Brewery owner saw net revenue drop 1% on the year prior to $185.8m. On a constant-currency basis, it grew roughly 3% on 2024 to $193m. Gross profits in the period grew 5% to $52m. However, Tilray booked a third-quarter net loss of $793.5m. It filed impairments worth $699.2m for the quarter. During the first nine months of the company's fiscal year, its net revenue grew 7% year on year to $596.8m. Gross profit was also up 23% at $173m. Nine-month losses stood at $913m. Adjusted EBITDA was down nearly 11% to $9m in the third quarter, and dropped
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TLRY
Earnings
- 10/9/25 - Beat
TLRY
Sec Filings
- 11/26/25 - Form 8-K
- 11/19/25 - Form 8-K
- 11/17/25 - Form 8-K
- TLRY's page on the SEC website