Tilray Brands, Inc. (TLRY) Stock Drops Despite Market Gains: Important Facts to Note

Group 1 - Tilray Brands, Inc. closed at $0.66, reflecting a -0.78% change from the previous day, underperforming the S&P 500's gain of 0.55% [1] - Over the past month, Tilray's shares have decreased by 9.84%, contrasting with the Consumer Staples sector's gain of 0.24% and the S&P 500's loss of 6.22% [1] Group 2 - The upcoming earnings release for Tilray Brands, Inc. is scheduled for April 8, 2025, with a consensus revenue estimate of$ 211.7 million, indicating a 12.4% increase from the same quarter last year [2] - For the entire fiscal year, Zacks Consensus Estimates predict earnings of - $0.19 per share and revenue of$ 904.53 million, reflecting changes of +42.42% and +14.65% respectively from the previous year [3] Group 3 - Recent adjustments to analyst estimates for Tilray Brands, Inc. are important as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have delivered an average annual return of +25% since 1988, with Tilray currently holding a Zacks Rank of 3 (Hold) [6] Group 4 - The Consumer Products - Staples industry, part of the Consumer Staples sector, currently holds a Zacks Industry Rank of 160, placing it in the bottom 37% of all industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]