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Tilray pursues business diversification with surge in alcohol sales

The Motley Fool +1 ·

TLRY
TLRY Tilray Brands Inc
$2.81 -4.10%
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  1. 1Tilray's alcohol segment recorded $101.5 million in revenue for the first quarter of fiscal year 2027.
  2. 2Tilray's cannabis segment recorded $56.1 million in revenue for the first quarter of fiscal year 2027.
  3. 3The company is showing progress in business terms but continues to record losses in terms of profitability.

So what's the key point?

Tilray generated $101.5 million in revenue from its alcohol business. While the business is expanding well, it is not yet making a profit.

Source The Motley Fool +1 · View original ↗

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