SNDL’s Liquor Sales Slip While Cannabis Gains Drive Record 26.6

Nov 5, 2024  · SNDL, Canada’s largest private liquor retailer, faced a 4.8% year-over-year drop in liquor retail revenue, posting $144.6 million for Q3 2024, down from $151.8 million in Q3 2023. …


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SNDL’s Liquor Sales Slip While Cannabis Gains Drive Record 26.6

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Nov 5, 2024  · SNDL, Canada’s largest private liquor retailer, faced a 4.8% year-over-year drop in liquor retail revenue, posting $144.6 million for Q3 2024, down from $151.8 million in Q3 2023. …

thedeepdive.ca

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SNDL's Q3 Revenue Slides Year-Over-Year Due To Liquor Market …

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Nov 5, 2024  · Cannabis company SNDL Inc. SNDL reported its financial results Tuesday for the third quarter ended Sept. 30, 2024 with revenue of CA$236.9 million ($170.65 million), …

benzinga.com

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Earnings Call: SNDL Reports Growth In Cannabis, Challenges In Liquor

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Nov 6, 2024  · SNDL's Cannabis segment achieved an 11th consecutive quarter of revenue gains, with a 19% year-over-year growth reaching $25 million. The gross margin for Cannabis …

investing.com

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SNDL Reports Higher Cannabis Sales, Lower Liquor Sales

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Nov 5, 2024  · SNDL reported total revenue in the third quarter fell 0.3% to C $236.9 million from last year’s C $237.6 million. This decrease was due to market softness in the liquor retail …

greenmarketreport.com

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SNDL Prints An Impressive Quarter - The Dales Report

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Nov 6, 2024  · Now, onto the good stuff—the kind that would make any CFO’s eyes gleam with pride. Gross profit soared to $63.0 million, marking a record gross margin of 26.6%, up from …

thedalesreport.com

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Earnings Call: SNDL Reports Growth In Cannabis, Challenges In Liquor

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Nov 6, 2024  · SNDL's Cannabis segment achieved an 11th consecutive quarter of revenue gains, with a 19% year-over-year growth reaching $25 million. The gross margin for Cannabis …

investing.com

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SNDL Reports Slight Revenue Dip In Q3 As Liquor Market Softens …

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Nov 5, 2024  · The decline was attributed to a soft liquor market, while cannabis retail and operations showed strong growth. The company achieved a record gross margin of 26.6% and …

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SNDL Reports Full Year And Fourth Quarter 2022 Financial And ...

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Apr 24, 2023  · FULL YEAR AND FOURTH QUARTER 2022 FINANCIAL AND OPERATIONAL HIGHLIGHTS. Record net revenue for 2022 of $712.2 million, an increase of 1170% over the …

sndl.com

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SNDL Reports Second Quarter 2023 Financial And Operational …

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Aug 14, 2023  · Net revenue from the Cannabis Retail segment for the second quarter of 2023 was $71.9 million, compared to $63.5 million in the second quarter of 2022, a 13.2% increase …

sndl.com

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SNDL Q2 Revenue Drops 1.6% YoY Due To Liquor Segment, …

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Cannabis company SNDL Inc. (NASDAQ:SNDL) reported its financial and operational results Thursday for the second quarter ended June 30, 2024, reporting revenue of CA$228.1 million …

msn.com

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SNDL Reports Second Quarter 2022 Financial And Operational …

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Aug 12, 2022  · Record net revenue for the second quarter of 2022 of $223.7 million, compared to $9.2 million in the second quarter of 2021, representing a 2,344% increase. Liquor Retail: Net …

sndl.com

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SNDL's Acquisitions And Financials Set The Stage For Market …

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Mar 1, 2023  · Summary. Sundial has become a major player in the Canadian adult-use cannabis market with strategic acquisitions. SNDL's financials are robust, with CDN$262.5 million in net …

seekingalpha.com

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General Information - Legal Cannabis In New Jersey - The Official …

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The 2022 SEEF rate of $1.10 per ounce is based on the statewide average price of a usable ounce of medicinal cannabis on April 21, 2022 which was $329.17. The 2023 SEEF rate will …

nj.gov

FAQs about SNDL’s Liquor Sales Slip While Cannabis Gains Drive Record 26.6 Coupon?

Does SNDL raise cash through share offerings?

SNDL has not raised cash through share offerings since June 2021. In December 2022, SNDL announced a proposed strategic partnership with its 63% owned subsidiary Nova Cannabis, designed to create a well-capitalized cannabis retail platform through a vertical integration model leveraging SNDL's upstream and midstream capabilities. ...

How will SNDL fund the acquisition of SNDL?

SNDL will fund the transaction through shares, keeping its cash intact -- but diluting shareholders in the process. SNDL says the acquisition will help it offer more diversified products to the market. And with the transaction, it estimates its market share of the Canadian cannabis market will be 4.5%. ...

Does SNDL have a good balance sheet?

SNDL's management likes to routinely claim that it has one of the best balance sheets in the cannabis industryas it has CA$334.9 million in unrestricted cash (as of Aug. 11) and no debt. ...

How many credit exposures does SNDL have?

SNDL currently has five credit exposures in the SunStream portfolio following the monetization of a credit exposure in July 2023. The current portfolio includes one credit under a court-supervised receivership process and another in active restructuring negotiations. ...

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