tiprankstipranks
Trending News
More News >

SNDL Boasts Record Margins and Positive Cash Flow

Story Highlights
SNDL Boasts Record Margins and Positive Cash Flow

SNDL (SNDL) has released an update.

SNDL Inc. reported a record gross margin of 26.6% and positive cash flow for the third quarter of 2024, despite a slight dip in net revenue due to softness in the Liquor Retail segment. The company showcased significant growth in its Cannabis segments and improved profitability through strategic initiatives.

For further insights into SNDL stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App