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Tilray Brands Announces Next Phase of Beverage Transformation

$TLRYPress releaseOct 29, 2026, 7:00 AM ETRead the release

Tilray announced the next phase of its U.S. beverage transformation, having consolidated its brewing footprint from 10 facilities to six and targeting approximately $20 million in additional annualized cost savings by the end of fiscal 2028. Since January 2025 the company has cut its U.S. distributor network by roughly 9% and reduced its SKU count by about 28%, while its beverage platform represents approximately $500 million in pro forma annual revenue.

Key figures

Guidance
FY2027 Adjusted EBITDA reaffirmed at $68 million to $75 million
Sku count reduction
28%
Brewing facilities after
6
Brewing facilities before
10
Distributor network reduction
9%
Carlsberg first year case target
1000000
Targeted annualized cost savings usd
20000000
Beverage platform pro forma annual revenue
500000000

AI analysis

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    TLRY: Tilray Brands Announces Next Phase of Beverage Transformation — AI Analysis | Signal8