Tilray Brands, Inc.: Mixed — EPS -$0.02, Revenue $257.15M
Mixed ResultQ1 2027 · Pre-market
@trystockwhiz
Did Tilray Brands, Inc. (TLRY) beat earnings today?
It was a mixed report for Q1 2027 — Tilray Brands, Inc. (TLRY) beat on EPS but missed on revenue.
Earnings Per Share+85.71% surprise
-$0.02Actual
Expected: -$0.14
vs. year ago -167.0%
Total Revenue-3.62% surprise
$257.15MActual
Expected: $266.8M
vs. year ago +23.0%
Released Oct 08 · 7:00 AM ET
Earning Report
| Metric | Q1 FY27 | Q1 FY26 | YoY Change % |
|---|---|---|---|
| Revenue | $257.15M | $209.50M | +23.0% |
| └─Beverage business | $101.50M | $55.74M | +82.0% |
| └─Cannabis business | $56.11M | $64.51M | -13.0% |
| └─Distribution business | $84.27M | $74.01M | +14.0% |
| └─Wellness business | $15.28M | $15.24M | +0.2% |
| Net Income (Loss) | $(40.031)M | $1.51M | -2746.0% |
| GAAP Basic EPS | $(0.32) | $(0.00) | - |
| GAAP Diluted EPS | $(0.32) | $(0.00) | - |
| Adjusted EPS | $(0.02) | $0.03 | -167.0% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY27 Outlook |
|---|---|---|
| Adjusted EBITDA | — | $68M-$75M |
Business Highlights
- ➤Tilray operates more than 6 million square feet of cultivation capacity across Canada, Portugal and Germany.
- ➤The company maintains one of the largest EU-GMP certified cannabis footprints globally.
- ➤Tilray is the #4 craft brewer in the U.S. and #1 in the U.K.
- ➤Carlsberg will begin producing and selling its iconic brands in the U.S. through Tilray on January 1, 2027.
- ➤BrewDog achieved profitability in Q1.
- ➤Tilray reduced total outstanding debt by $42 million fiscal year-to-date.
- ➤The company supports over 40 brands in more than 20 countries.
- ➤Tilray operates across Canada, the United States, Europe, Australia and Latin America.
Management Commentary
Irwin D. Simon, Chairman and Chief Executive Officer
“Tilray’s record first-quarter revenue and gross profit demonstrate the power of the diversified platform we have built and the momentum we are creating across cannabis, beverage, hospitality, wellness and pharmaceutical distribution. We are no longer dependent on a single market or regulatory catalyst. We have multiple engines of growth, a scaled international footprint and the ability to convert scale into stronger margins, greater efficiency and sustainable, profitable growth.”
Irwin D. Simon, Chairman and Chief Executive Officer
“Our global platform is translating into leadership positions across our core categories. In cannabis, Tilray is a leading cannabis producer, with more than 6 million square feet of cultivation capacity across Canada, Portugal and Germany, and a leading low-cost production base in the world’s largest legally regulated markets, supported by one of the largest EU-GMP certified footprints in the world. In beer, the world’s largest consumed alcoholic beverage category, we are the #4 craft brewer in the U.S. and #1 in the U.K., and we are very proud that Carlsberg has partnered with Tilray to begin producing and selling its iconic brands in the U.S. market starting January 1, 2027. Across beverage and wellness, we are accelerating innovation and staying closer to consumers. These leadership positions reflect the work we have done to integrate our businesses, sharpen operations and build a more focused, profitable company. Tilray is building a category-defining global platform for the next generation of wellness, healthcare and consumer products, with the brands, infrastructure and scale to lead as these markets evolve.””