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Tilray (TSE:TLRY)
TSX:TLRY
Earnings Data
Report Date
Apr 08, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.17Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 10, 2025
|% Change Since: -49.25%
|Next Earnings Date:Apr 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and successful expansion in the beverage and international cannabis segments. However, these positives were tempered by significant net loss and challenges in the Canadian cannabis market, as well as impacts from SKU rationalization. Though there are promising growth areas, the financial setbacks and market challenges balance the overall sentiment.Company Guidance
During the Q2 2025 earnings call for Tilray Brands, the company provided several key metrics and insights regarding its financial performance and strategic initiatives. The net revenue for the quarter grew by 9% year-over-year to $211 million, with a gross profit increase of 29% and gross margin up by 500 basis points compared to the prior quarter. The beverage segment was highlighted for its significant growth, achieving a 36% increase in net revenue year-over-year. Meanwhile, the international cannabis business experienced a 25% growth, particularly driven by sales in Germany, Poland, the U.K., and Italy. Despite an adjusted net loss of $2 million, Tilray emphasized its robust financial position, noting a strong balance sheet and reduced debt levels. The company reaffirmed its guidance for fiscal 2025, predicting net revenues between $950 million and $1 billion. Additionally, Tilray discussed ongoing initiatives like SKU rationalization and Project 420, targeting $25 million in cost savings, with $17 million already realized.Strong Net Revenue Growth
Quarter 2 net revenue grew 9% year-over-year to $211 million, marking the highest Q2 net revenue ever for the company.
Beverage Business Expansion
The beverage segment, including craft beer and nonalcoholic beverages, grew 36% in net revenue year-over-year, with the synergy plan achieving $17 million in cost savings.
International Cannabis Growth
The international cannabis business grew 25% year-over-year, driven by strong sales in markets like Germany, Poland, the U.K., and Italy.
Wellness Segment Growth
The wellness business reported a 13% net revenue increase compared to the prior year, with improvements in gross margin by 200 basis points.
Strong Gross Margin and Profit
Gross profit increased by 29% and gross margin increased by 500 basis points compared to the prior year, reflecting operational optimizations.
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TSE:TLRY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TLRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 10, 2025 | C$1.99 | C$1.75 | -12.06% |
| Oct 10, 2024 | C$2.25 | C$2.19 | -2.67% |
| Jul 29, 2024 | C$2.57 | C$2.75 | +7.00% |
| Apr 09, 2024 | C$3.50 | C$2.79 | -20.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tilray (TSE:TLRY) report earnings?
Tilray (TSE:TLRY) is schdueled to report earning on Apr 08, 2025, TBA Not Confirmed.
What is Tilray (TSE:TLRY) earnings time?
Tilray (TSE:TLRY) earnings time is at Apr 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TLRY EPS forecast?
TSE:TLRY EPS forecast for the fiscal quarter 2025 (Q3) is -0.06.
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