Q: Can you provide more details on the Q2 early sales trend data and how you plan to manage ad spend, especially with the new CL launcher? A: Bryan Ganz, CEO: Our Return on Advertising Spend (ROAS) is typically lower at the start of the year, with Q1 in the mid-3s. We don’t anticipate needing
Net Revenue: $185.8 million, compared to $188.3 million in the prior year quarter; $193 million on a constant currency basis. Adjusted Net Revenue: $206 million, excluding strategic decisions impacting revenue. Gross Margin: Increased by 200 basis points to 28% from 26% in the prior year quarter. Net Loss: $793.5 million, primarily due to a $700
Tilray Brands, Inc. Tilray Confirms No Current Impact of Tariffs Generated Net Revenue of $186 Million in the Third Quarter, $193 Million in Constant Currency; Strategic Initiatives and SKU Rationalization Impacted Revenue by $13 Million Tilray Beverage Expands U.S. Distribution of Hemp-Derived THC Drinks Across 10 States, Increases Project 420 Cost Savings Plan to $33