
For its fiscal year ended May 31, 2026, Tilray Brands reconfirms guidance for adjusted EBITDA of $62M to $72M, representing 13% to 31% growth compared to fiscal year 2025.
Bullish
Tilray Brands achieved record net revenue and gross profit, driven by strong international cannabis growth and its #1 Canadian market position. Strategic acquisitions further expand its global beverage platform.
Bearish
Tilray Brands experienced consolidated gross margin compression and a significant decline in beverage net revenue. The company is also monitoring supply chain risks due to Middle East hostilities.