Tilray Reports Q1 2027 Earnings: Revenue Growth Driven by BrewDog Acquisition
Tilray (TLRY) reported first-quarter fiscal year 2027 results, showing strong revenue growth driven primarily by the acquisition of BrewDog and international cannabis expansion. Net revenue reached $257.1 million, up 23% year-over-year, with beverage segment revenue surging to $101.5 million due in part to BrewDog's contribution. International cannabis demand also rose significantly, particularly in Germany and the UK. Despite these gains, Tilray faced challenges including international price compression and fuel surcharges that impacted profitability. The company reported a net loss of $40 million but noted an adjusted EBITDA of $9.2 million. Management reaffirmed its fiscal 2027 guidance for adjusted EBITDA between $68 million to $75 million, with stronger performance expected in the second half. Tilray also highlighted strategic progress such as a partnership with Carlsberg Group set to begin January 1, 2027. The company emphasized its diversified global platform and reduced reliance on any single market or regulatory event.
Tickers: $TLRY
Topics: acquisition_impact financial_performance revenue_growth