Tilray Brands, Inc. (TLRY) Q1 2025 Earnings Call Transcript

Tilray Brands, Inc. (NASDAQ:TLRY) Q1 2025 Earnings Conference Call October 10, 2024 8:30 AM ET

Company Participants

Berrin Noorata – Chief Corporate Affairs and Communications Officer
Irwin Simon – Chairman and CEO
Carl Merton – CFO
Denise Faltischek – Chief Strategy Officer and Head of International
Blair MacNeil – President of Tilray Canada

Conference Call Participants

Kaumil Gajrawala – Jefferies
Aaron Grey – Alliance Global Partners
Matt Bottomley – Canaccord Genuity
Bill Kirk – ROTH MKM
Michael Lavery – Piper Sandler
Pablo Zuanic – Zuanic & Associates
Robert Moskow – TD Cowen

Operator

Thank you for joining today’s conference call to discuss Tilray Brands’ Financial Results for the First Quarter ended August 31, 2024. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session for analysts and investment firms conducted via audio.

I will now turn the call over to Ms. Berrin Noorata, Tilray Brands’ Chief Communications and Corporate Affairs Officer. Thank you. You may begin.

Berrin Noorata

Thank you, operator, and good morning, everyone. By now you should have access to the earnings press release, which is available on the Investor’s section of the Tilray Brands website at tilray.com, and has been filed with the SEC and the CSA. Please note that during today’s call, we will be referring to various non-GAAP financial measures, that can provide useful information for investors. However, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP.

The earnings press release contains a reconciliation of each non-GAAP financial measure to the most comparable measure prepared in accordance with GAAP. In addition, we will be making numerous forward-looking statements during our remarks and in response to your questions. These statements

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