Basing your research on a company’s own press releases is as lazy and amateur as you can get.
Of course a company puts a positive spin on its press release - leaving out the negative.Tilray for example will boast of increased revenue - leaving out the reason why and it won't post that gross margin dropped - because the cost to produce products increased.
Review the company's full financial statements and MD&A on Sedar or SECs Edgar - do not rely on eating what the company - or quin lash - wants to feed you.
Poor research will get you the same results quin lash gets - investing in bankrupt failures such as Zenabis, Hexo, Medmen and Nevada copper. Don't be a quin lash.
Post by
quinlashon Jul 10, 2024 12:04am 64 Views
Post# 36125682
Tilray's Last Report Summary (Link)
Here's the summary from the last report. The incremental gains are clearly noted along with additional notes on what held back some of the numbers
Anyone trading on this stock should be familiar with this. I will also point out that Tilray reports in USD, not Canadian so the numbers from Tilray are understated in comparison to Canopy Growth who does report in CAN $
Link
https://stockhouse.com/news/press-releases/2024/04/09/tilray-brands-inc-reports-q3-fiscal-2024-financial-results
Next report is this month