$TLRY

Tilray Brands, Inc.

Tilray Brands is a consumer products company headquartered in Leamington and New York, with operations in Canada, the United States, Europe, Australia and Latin America. It serves beverage consumers, cannabis patients and adult-use cannabis consumers, and customers of pharmaceutical, wellness and hemp-based food products. Its four segments are Beverage, Cannabis, Distribution and Wellness. Tilray makes and sells beverages, including craft beer and spirits; cultivates, produces, distributes and sells medical and adult-use cannabis; purchases and resells pharmaceutical and wellness products; and produces and distributes hemp-based foods and other wellness products. Its brands include SweetWater, BrewDog, Breckenridge, Tilray Medical, Broken Coast, Good Supply, Redecan and Manitoba Harvest. Medical cannabis reaches patients in over 20 countries through subsidiaries and distributor agreements. In the United States, beverage products are sold through wholesalers to retail and hospitality outlets.

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Tilray Brands targets $20M in cost savings after craft brewery closures

Tilray Brands plans to save $20M over two years by closing breweries, reducing its U.S. brewing sites from 10 to 6, and cutting its distributor network by 9%. The company aims to focus on regional brands, national offerings, and growth categories like nonalcoholic beverages. Tilray also sold the Atwater brand and is preparing for a partnership with Carlsberg.

TLRY sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 9 news stories mentioning TLRY (Tilray Brands, Inc.). Coverage has skewed bullish: 6 bullish, 1 neutral, and 2 bearish.

Recent TLRY coverage spans financial news, earnings and mergers & acquisitions.

What's driving TLRY

AlphAI scores every news story that mentions TLRY with an AI model for sentiment and relevance, and aggregates insider trades from Tilray Brands, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $TLRY

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Tilray Brands targets $20M in cost savings after craft brewery closures

Tilray Brands plans to save $20M over two years by closing breweries, reducing its U.S. brewing sites from 10 to 6, and cutting its distributor network by 9%. The company aims to focus on regional brands, national offerings, and growth categories like nonalcoholic beverages. Tilray also sold the Atwater brand and is preparing for a partnership with Carlsberg.

$TLRYMed

Jefferies raises Tilray stock price target on brewing restructuring

Jefferies raised its price target on Tilray Brands (TLRY) to $13 from $12, maintaining a Reduce rating. The stock trades at $2.67, down 80% over the past year. Tilray is restructuring its U.S. brewing operations, targeting $20 million in annual savings by 2028. The company reported $257.1 million in Q1 fiscal 2027 revenue, up 23% year-over-year, but posted a net loss of $40 million.

$TLRYMed

Tilray targets $20 million in cost savings from U.S. beverage unit

Tilray Brands Inc. (TLRY) completed the consolidation of its U.S. brewing operations, targeting $20M in annualized cost savings by fiscal 2028. The company reduced its distributor network by 9% and SKU count by 28%, reaffirming its fiscal 2027 adjusted EBITDA guidance of $68M-$75M. Tilray also announced a U.S. brewing partnership with Carlsberg, targeting 1M cases in the first year. The company's beverage platform generates approximately $500M in annual revenue.

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Layoffs roll again across Tilray Brands' portfolio

Tilray Brands announced layoffs across its portfolio, following a 70% stock price decline year-to-date. An employee attributed the cuts to panic over the stock's performance. The company has lost 97% of its value over five years, according to a Motley Fool blogger.

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