secwatch.observer — SEC 8-K summary
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Issuer:     Tilray Brands, Inc. (TLRY)
CIK:        0001731348
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001171843-24-005585
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tilray Q1 revenue $200M (+13%), net loss narrows; beverage alcohol up 132%
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- Net revenue $200M (+13% YoY); gross margin 30% (+500 bps) to $59.7M.
- Net loss improved to ($34.7M) from ($55.9M); EPS ($0.04) vs ($0.10) prior year.
- Adjusted EBITDA $9.3M vs $10.7M; adjusted EPS loss ($0.01) vs ($0.04).
- Beverage alcohol revenue $56M (+132% YoY); cannabis revenue $61.2M; distribution $68.1M.
- German medical cannabis flower revenue grew 50% following legalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731348/000117184324005585/0001171843-24-005585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731348/000117184324005585/f8k_100924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005585

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer