Tilray Brands Plunges 10.86% on Mixed Earnings

On July 29, 2025, Tilray Brands experienced a significant drop of 10.86% in pre-market trading, reflecting a challenging period for the company.

Tilray's fiscal fourth-quarter results, released recently, revealed a net revenue of $224.5 million, a decline from the previous year's $229.9 million. This drop in revenue was attributed to strategic decisions that impacted revenue by $35 million. Despite missing analyst estimates of $250.41 million, the company managed to beat earnings per share (EPS) estimates, reporting an adjusted EPS of $0.02, which was better than the expected loss of $0.02 per share.

The mixed quarterly results led to a volatile response from investors, with Tilray's stock initially reversing gains and sinking over 6% after hours. The company's strategic decisions and the resulting revenue impact have raised concerns among investors, contributing to the stock's recent decline.