Tilray Brands is trading at $2.96, up 11.94%, after raising the low end of its fiscal 2027 adjusted EBITDA guidance to $70 million.
- The lower bound rose from $68 million; the $75 million upper end was unchanged.
- The November 2 announcement outlined Canadian facility consolidation expected to deliver approximately US$10 million in annualized savings by fiscal 2028.
- Broad market gains provided additional supportive context.