Tilray Brands, Inc. (TLRY) Laps the Stock Market: Here's Why

Company Performance - Tilray Brands, Inc. (TLRY) closed at $1.81, reflecting a +0.56% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.03% [1] - Over the past month, Tilray's shares have decreased by 6.74%, while the Consumer Staples sector gained 4.12% and the S&P 500 increased by 1.54% [1] Upcoming Earnings - The upcoming EPS for Tilray is projected at -$0.05, indicating a 50% increase compared to the same quarter of the previous year [2] - Revenue is estimated to be $216.47 million, representing a 22.33% increase from the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at -$0.16 per share and revenue at $901.62 million, showing changes of +51.52% and +14.28% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for Tilray are important as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which assesses these estimate changes, currently ranks Tilray as 3 (Hold) [6] Industry Context - The Consumer Products - Staples industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]