
Shares of Tilray Brands Inc (NASDAQ:TLRY) are trading lower Tuesday morning after the global cannabis and consumer goods company reported fourth-quarter revenue that fell short of analyst expectations. Here’s what investors need to know.
What To Know: For the fiscal fourth quarter ended May 31, Tilray announced total revenue of $224.53 million. This figure represents a roughly 2% decrease year-over-year and missed the consensus analyst estimate of $250.41 million.