Why Tilray Brands Stock Crashed 12% on Friday

Tilray Brands (NASDAQ: TLRY) stock tumbled 12% through 9:50 a.m. ET after missing analyst sales forecasts in its Friday morning report.Heading into the news, Wall Street analysts anticipated Tilray would report sales of $216.3 million for its fiscal second quarter of 2025, ended Nov. 30, but Tilray actually collected just $211 million. On the plus side, Tilray beat expectations for earnings. Analysts forecast a $0.01 per share adjusted loss for the quarter, but Tilray says it broke even. Despite missing on revenue, Tilray boasted its 9% year-over-year growth to $211 million, setting a new record for Q2 revenue. International cannabis sales grew 25%, beverage revenue grew 36%, and wellness revenue grew 13%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool