Bullboard - Stock Discussion Forum Tilray Brands, Inc. TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The... see more

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NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > Targets were missed but this isn't a loss

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Post by Pointblank7 on Apr 09, 2024 9:22am

Targets were missed but this isn't a loss

Short-term this stock is going to take a hit bc targets were missed but actually look at the numbers. Honestly I always have trouble with earnings targets. I don't believe it all comes down to JUST numbers - usually other variables are at play. Comparatively to last year we are doing well. First full year post-COVID. I hate seeing the stock depressed but I'm sure we are this low due to factors outside of Tilrays control. GlTA ._7

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Comment by quinlash on Apr 09, 2024 9:40am

If you do some research into why companies / CEOs never comment on street targets you will find that they see no value in it. Street Estimates vary and they are set by numerous outside analysts. These targets may be well thought out but others are just computer generated based on prior QTR trends. They can often overlook unexpected positives as well as unexpected negatives ...more

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Comment by quinlash on Apr 09, 2024 10:36am

Minor correction here "buying #1" is some sort of auto correct error. The comment from the earnings call was that Tilray is ranked as #1 / positioned as #1 in Germany. When the earnings transcript comes out you will find it in the Q&A section

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Tilray Brands, Inc.