Tilray Brands, Inc. is facing a significant drop in its stock price today following the release of its Q2 2025 financial results. The company reported a quarterly loss of $0.10 per share, missing the consensus estimate of a $0.04 loss, which represents a negative earnings surprise of 150%. Additionally, Tilray's revenue of $210.95 million fell short of expectations, missing the consensus estimate by 3.33%. This financial performance has raised concerns among investors, particularly as the company has only surpassed consensus revenue estimates once in the last four quarters.
On Reddit, discussions are rife with criticism of Tilray's management and financial strategy. Users have expressed frustration over the company's increasing net losses, which have nearly doubled from the previous year, and the significant rise in share count, which has grown by 26% year-over-year. One user remarked, "Doubling their losses from last year is certainly an interesting business plan," while another pointed out the company's declining market share in Canada, stating, "No longer #1 in Canada after three companies merged." The sentiment on the platform reflects a mix of disappointment and skepticism about Tilray's future prospects.
Tilray Brands, Inc. (TLRY) is currently trading at $1.18, down 13.87% from the previous close of $1.37. The stock opened at $1.24 and has reached a low of $1.18 so far today. Despite being just 30 minutes into the trading day, the stock has already seen a volume of 20,792,177 shares, which is 65.18% of its average daily volume of 31,897,591 shares, indicating heightened trading activity this morning.