Tilray Reports Q2 Earnings Shortfall While Expanding Beer Market

Reported about 14 hours ago

Tilray Brands reported Q2 revenue of $211 million, below estimates of $217 million, while adjusted earnings per share exceeded expectations at $0.00. CEO Irwin Simon discussed the company's expansion into the beer market, highlighting plans to streamline its beverage portfolio and introduce new products. Despite recent challenges, Simon remains optimistic about Tilray's growth trajectory as it pivots from cannabis to beer.

Source: YAHOO

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