Tilray Brands (TLRY) Hits All-Time High on Stellar Q1 Earnings

Core Insights - Tilray Brands Inc. achieved a new all-time high stock price of $2.32, closing the day at $2.10, reflecting a 22.09% increase following strong earnings results for Q1 of fiscal year 2026 [1][2]. Financial Performance - The company reported a net income of $1.5 million for the first quarter ending August 2025, a significant turnaround from a net loss of $34.6 million in the same quarter the previous year [2]. - Total net revenues increased by 4.5% year-on-year, reaching $209 million compared to $200 million [2]. - Revenue growth was observed across all business segments, with the distribution business up 9% to $74 million, the cannabis unit increasing by 5% to $64.5 million, and the wellness business rising 2.7% to $15.2 million [3]. Strategic Vision - The Chairman and CEO of Tilray Brands emphasized that the first quarter results demonstrate the effectiveness of the company's strategic vision and disciplined execution, highlighting record net revenue and net income as proof of commitment to sustainable growth and operational excellence [4].