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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by quinlashon Jan 09, 2024 12:16pm
146 Views
Post# 35817545

RE:RE:Everything was exactly as expected

RE:RE:Everything was exactly as expected Net sales reported as historical high for the company.  Yes, margins dropped a little but also increased in areas.  Alchol sales doubled (117% actually).  

Not too sure how much folks know about sales and margin numbers however if you sell high volume you can actually get more money in vs selling less volume for higher margin.  Making a bit less per sale but selling a whole ton MORE is actually a net positive.

I would strongly encourage folks to read over the report in detail, read it twice, read it three times, how ever many times it take for you to get a feel for the positives and the negatives to draw your own conclusions. 

Judging a report based on comments from a stock forum is likely not going to do you many favors and juding a company by the shareprice is result in you missing trading / investment opportunities.

As alway, the best research is the research you do yourself.

Best Regards,

Q


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