Tilray Brands, Inc. (TLRY) Surpasses Market Returns: Some Facts Worth Knowing

Company Overview - Tilray Brands, Inc. (TLRY) closed at $1.93, reflecting a +1.05% increase from the previous day, outperforming the S&P 500's gain of 0.64% [2] - The company has experienced a 13.02% increase in shares over the past month, surpassing the Consumer Staples sector's gain of 0.85% and the S&P 500's gain of 3.82% during the same period [7] Earnings Expectations - Tilray Brands, Inc. is set to disclose its earnings on July 29, 2024, with a consensus revenue estimate of $225.65 million, indicating a 22.51% increase compared to the same quarter last year [3] Analyst Ratings and Estimates - The Zacks Rank for Tilray Brands, Inc. is currently 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - Recent adjustments to analyst estimates for Tilray Brands, Inc. are crucial as they reflect the latest near-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [8] Industry Context - The Consumer Products - Staples industry, which includes Tilray Brands, has a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [9]