Tilray's Beverage Segment Weighed Down by Softer Industry Demand -- Market Talk

Dow Jones

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1029 ET - Tilray delivered a solid 3Q, says ATB's Frederico Gomes, with results meeting expectations and showing clear strength in its international cannabis business. Sales outside North America hit a record $24.1 million, up 73% year-over-year, driven mainly by growing demand in Germany. Canadian adult-use, distribution, and wellness segments also improved, but the quarter was held back by weakness in beverages, where sales fell 23.9% and margins tightened. "Despite optimism regarding international cannabis expansion, we remain overall cautious due to soft beverage industry trends and execution risks surrounding the BrewDog integration," the analyst says. ATB trims its target price to $9 from $9.50, and maintains a sector perform rating on the stock. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

April 02, 2026 10:29 ET (14:29 GMT)

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Sales outside North America hit a record $24.1 million, up 73% year-over-year, driven mainly by growing demand in Germany. Canadian adult-use, distribution, and wellness segments also improved, but the quarter was held back by weakness in beverages, where sales fell 23.9% and margins tightened. \"Despite optimism regarding international cannabis expansion, we remain overall cautious due to soft beverage industry trends and execution risks surrounding the BrewDog integration,\" the analyst says. ATB trims its target price to $9 from $9.50, and maintains a sector perform rating on the stock. 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Sales outside North America hit a record $24.1 million, up 73% year-over-year, driven mainly by growing demand in Germany. Canadian adult-use, distribution, and wellness segments also improved, but the quarter was held back by weakness in beverages, where sales fell 23.9% and margins tightened. \"Despite optimism regarding international cannabis expansion, we remain overall cautious due to soft beverage industry trends and execution risks surrounding the BrewDog integration,\" the analyst says. ATB trims its target price to $9 from $9.50, and maintains a sector perform rating on the stock. (adriano.marchese@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2026 10:29 ET (14:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4596","symbol_name":"哈里斯概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624250795","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624250795","pubTimestamp":1775140140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1029 ET - Tilray delivered a solid 3Q, says ATB's Frederico Gomes, with results meeting expectations and showing clear strength in its international cannabis business. Sales outside North America hit a record $24.1 million, up 73% year-over-year, driven mainly by growing demand in Germany. Canadian adult-use, distribution, and wellness segments also improved, but the quarter was held back by weakness in beverages, where sales fell 23.9% and margins tightened. \"Despite optimism regarding international cannabis expansion, we remain overall cautious due to soft beverage industry trends and execution risks surrounding the BrewDog integration,\" the analyst says. ATB trims its target price to $9 from $9.50, and maintains a sector perform rating on the stock. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4596":"哈里斯概念","BK4547":"WSB热门概念","TLRY":"Tilray Inc.","BK4557":"大麻股","BK4007":"制药"},"translate_title":"Tilray的饮料业务因行业需求疲软而承压——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TLRY":1.5},"content_text":"1029 ET - Tilray delivered a solid 3Q, says ATB's Frederico Gomes, with results meeting expectations and showing clear strength in its international cannabis business. Sales outside North America hit a record $24.1 million, up 73% year-over-year, driven mainly by growing demand in Germany. Canadian adult-use, distribution, and wellness segments also improved, but the quarter was held back by weakness in beverages, where sales fell 23.9% and margins tightened. \"Despite optimism regarding international cannabis expansion, we remain overall cautious due to soft beverage industry trends and execution risks surrounding the BrewDog integration,\" the analyst says. ATB trims its target price to $9 from $9.50, and maintains a sector perform rating on the stock. (adriano.marchese@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2026 10:29 ET (14:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}