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

Nov 5, 2024  · Net revenue for cannabis retail in the third quarter of 2024 was CA$81.1 million, compared to CA$75.5 million in the third quarter of 2023. The 7.4% increase year-over-year …


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

1 week from now

Nov 5, 2024  · Net revenue for cannabis retail in the third quarter of 2024 was CA$81.1 million, compared to CA$75.5 million in the third quarter of 2023. The 7.4% increase year-over-year …

benzinga.com

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SNDL Reports Third Quarter 2024 Financial And Operational Results

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Nov 5, 2024  · Net revenue for Liquor Retail sales was $144.6 million in the third quarter of 2024, compared to $151.8 million for the same period in the year prior. The 4.8% reduction year-over …

sndl.com

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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 Inc (SNDL) Q3 2024 Earnings Call Highlights: Record Gross …

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Nov 6, 2024  · Net Revenue: $236.9 million in Q3 2024, a marginal decline compared to the prior year. Gross Margin: Record high of 26.6%, with a 610 basis points improvement year over …

yahoo.com

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Cannabis Stocks React On Election Day, SNDL Trulieve - Benzinga

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Nov 5, 2024  · SNDL Inc. SNDL rose over 10% on Election Day at market close, following the release of its third-quarter earnings, reporting CA$236.9 million ($170.65 million) in revenue.

benzinga.com

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

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

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SNDL Reports Third Quarter 2023 Financial And Operational …

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Nov 13, 2023  · Net revenue from the Cannabis Retail segment for the third quarter of 2023 was $75.5 million, compared to $66.2 million in the third quarter of 2022, a 14.1% increase year …

yahoo.com

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SNDL Inc. Third Quarter 2022 Financial Results Conference …

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Nov 14, 2022  · It is worth contextualizing the growth that the SNDL team has built this past year. We have grown our revenue at a staggering rate of more than 1,500% on a year-over-year …

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SNDL Inc. Reports Positive Net Cash And Overall Operational …

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Nov 13, 2023  · In terms of revenue, SNDL reported a robust net revenue of $237.6 million for Q3 2023, showing a commendable 3.1% increase from the same quarter in 2022. The company’s …

thedalesreport.com

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SNDL Revenue Grows As Losses Drop In Q3 - Green Market Report

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Nov 13, 2023  · Gross revenue grew to $249 million from last year’s $235 million for the same period. In addition to that, net losses dropped to $21 million from last year’s net loss of $98 …

greenmarketreport.com

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SNDL Inc. - SNDL Reports Third Quarter 2022 Financial And …

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Nov 14, 2022  · Record net revenue for the third quarter of 2022 of $230.5 million, compared to $223.7 million in the second quarter of 2022 and $14.4 million in the third quarter of 2021, …

sndl.com

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SNDL Inc. ($SNDL) Stock Forecast: Up 5.3% Today - Morpher

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Nov 5, 2024  · SNDL's Q3 Revenue Slides Year-Over-Year Due To Liquor Market Softening, Cannabis Operations Going Strong - SNDL ( NASDAQ:SNDL ) Cannabis company SNDL Inc. …

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SNDL Inc. (SNDL) Q3 2022 Earnings Call Transcript

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Nov 14, 2022  · This represents a 3% increase sequentially and an increase of over 1,500% year over year. SNDL also achieved an adjusted EBITDA of 18 million for Q3 2022, up 169% from …

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

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Mar 1, 2023  · Company reports show Q3 2022 net revenue to be CDN$230.5 million, which is a 1,501% increase year over year. Most of the revenue, CDN$152.5 million, came from liquor …

seekingalpha.com

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Hydrofarm Holdings Q3 Results: Revenue Decline But Improved

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Nov 7, 2024  · Net Sales: Down 18.8% year-over-year, totaling $44.0 million. Net Loss: Improved to $13.1 million, compared to $19.9 million last year, driven by reduced SG&A expenses. …

benzinga.com

FAQs about SNDL's Q3 Revenue Slides Year-Over-Year Due To Liquor Market … Coupon?

How did SNDL's e-commerce platform drive revenue growth?

Gross margin growth added $1.7 million to cash flow, mainly driven by procurement productivity and product mix management initiatives. SNDL launched an e-commerce platform for its Liquor Retail banner Wine and Beyond to drive accretive revenues and meaningful basket growth opportunities. ...

How did SNDL perform in 2023?

As of September 30, 2023, SNDL's unrestricted cash stood at $202.0 million, up from $185.5 million on June 30, 2023. This 8.9% sequential increase can be attributed to effective cash-generating initiatives and operational efficiencies implemented throughout the quarter, particularly in working capital. ...

How has SNDL performed in the cannabis industry?

In addition to its impressive financial performance, SNDL has also made some strategic acquisitions that further harden its position in the cannabis industry. The acquisition of The Valens Company concluded in Q1 2023. ...

How did cannabis perform in the third quarter of 2023?

Cannabis Retail: Net revenue of $75.5 million for the third quarter of 2023, an increase of 14.1% compared to the same quarter of the prior year. Cannabis Operations: Net revenue of $21.0 million for the third quarter of 2023, an increase of 77.4% compared to the same quarter of the prior year. ...

Why did SNDL achieve a positive net cash from operating activities?

"SNDL's positive net cash from operating activities and first quarter of free cash flow generation marks a pivotal milestone, reflecting our team's commitment to operational and financial excellence," said Zach George, Chief Executive Officer of SNDL. ...

Does SNDL have a proprietary data licensing program?

SNDL has constructed and shared the Liquor Retail proprietary data licensing program framework with its partners. It anticipates revenue generation starting in the first quarter of 2024, helping to further enhance the segment's profit margins. ...

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