Sundial(SNDL)

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SNDL to Announce First Quarter 2025 Financial Results on May 1, 2025
Prnewswire· 2025-04-14 20:30
EDMONTON, AB, April 14, 2025 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) (CSE: SNDL) ("SNDL") announced today that it will release its first quarter 2025 financial results for the period ended March 31, 2025, before market opens on Thursday, May 1, 2025. Following the release of its first quarter results, SNDL will host a conference call and webcast at 10:00 a.m. EDT (8:00 a.m. MDT) on May 1, 2025. WEBCAST ACCESS To access the live webcast of the call, please visit the following link: https://edge.media-server. ...
SNDL Announces Listing on the CSE
Prnewswire· 2025-04-11 11:00
Core Points - SNDL Inc. has commenced trading on the Canadian Securities Exchange (CSE) under the symbol "SNDL" effective April 11, 2025, providing the company with additional operational flexibility and opportunities for shareholders to transact in Canadian dollars [1][2] - The CSE listing enhances SNDL's structural flexibility and aligns with its long-term vision, allowing the company to pursue growth opportunities with greater agility [2] - SNDL is one of the largest vertically integrated cannabis companies in Canada and the largest private-sector liquor and cannabis retailer, with a diverse portfolio of retail brands and consumer-facing cannabis products [3]
SNDL Enters into Agreement to Acquire Cost Cannabis and T Cannabis Locations from 1CM
Newsfile· 2025-04-09 12:15
SNDL Enters into Agreement to Acquire Cost Cannabis and T Cannabis Locations from 1CM April 09, 2025 8:15 AM EDT | Source: 1CM Inc. Edmonton, Alberta and Toronto, Ontario--(Newsfile Corp. - April 9, 2025) - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) ("1CM") are pleased to announce that they have entered into an arrangement agreement (the "Agreement") pursuant to which SNDL will acquire 32 cannabis retail stores (the "Transaction") operating under the Cost Cannabis ...
SNDL Stock: Despite The Weakness In Cannabis Sector, I Maintain My Buy Rating
Seeking Alpha· 2025-03-19 13:15
Core Insights - SNDL reported its highest revenue and profit figures to date for Q4-2024 and the full year 2024, indicating improved financial performance [1] - The company's stock price is considered undervalued, suggesting potential investment opportunities [1] Financial Performance - SNDL experienced increased revenue, profits, and free cash flow in Q4-2024 compared to previous periods [1] - The financial results reflect a significant improvement in the company's overall performance metrics [1] Market Sentiment - Investor sentiment towards SNDL is positive, driven by the company's strong financial results and growth potential in the cannabis industry [1]
Sundial(SNDL) - 2024 Q4 - Earnings Call Transcript
2025-03-18 18:01
Financial Data and Key Metrics Changes - SNDL reported record full year net revenue of $920 million, a 1.3% increase year-over-year, driven by a combined cannabis business growth of 10.6% [14][11] - Q4 2024 net revenue reached a record $257.7 million, a 3.7% increase compared to Q4 of the previous year [11] - Gross profit for the full year was $240 million, reflecting a 26% growth year-over-year, with a full year gross margin of 26.1% [14][12] - Free cash flow for 2024 was positive at $8.9 million, exceeding guidance and representing a $70 million improvement compared to 2023 [16][14] Business Line Data and Key Metrics Changes - Cannabis operations segment achieved net revenue of $37.1 million in Q4 and $109.5 million for the full year, with growth rates of 42% and 26% respectively [25] - Cannabis retail reported Q4 net revenue of $83.2 million, a 10.7% increase year-over-year, driven by same-store sales growth of 6.3% [22][23] - Liquor retail segment experienced a decline of 3.4% in Q4 compared to the previous year, although gross margin improved to nearly 22% [21][12] Market Data and Key Metrics Changes - The liquor segment is expected to see flat revenue growth in 2025, with a long-term underlying growth rate of 1% to 1.5% [42][44] - The cannabis market continues to show strong momentum, with SNDL's cannabis segments growing well ahead of market averages [4][3] Company Strategy and Development Direction - SNDL is focused on long-term growth through strategic initiatives, including the acquisition of Endiva, positioning the company as the largest manufacturer of infused edibles in Canada [7][29] - The company is applying for a listing on the Canadian Stock Exchange to provide shareholders with additional flexibility and optionality [8][51] - SNDL aims to achieve $100 million in annualized free cash flow within the next three years [38] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a slowdown in liquor sales across North America, impacting the entire market, but anticipates a return to growth in the long term [42][44] - The company remains optimistic about its cannabis operations, citing significant improvements and new records in financial performance [27][25] - Management emphasized the importance of operational and financial discipline as a winning formula for sustainable value delivery to shareholders [6][3] Other Important Information - SNDL ended the year with $218 million in unrestricted cash and zero outstanding debt, providing a competitive advantage for capital allocation [8] - The company has implemented productivity improvements totaling $8 million in Q4, primarily from cannabis operations [32] Q&A Session Summary Question: Outlook for liquor retail segment given weak same-store sales - Management noted a slowdown in liquor sales across North America and anticipates flat revenue growth for 2025, with a long-term growth rate of 1% to 1.5% [42][44] Question: Performance of US investments and operational challenges - Management highlighted challenges in the US cannabis market, particularly in Florida, but remains optimistic about long-term potential and restructuring efforts [48][50] Question: Rationale behind CSE listing application - Management stated that the listing would create optionality for future growth opportunities, although no decisions regarding plant-touching activities have been made [53][51] Question: Growth in B2B orders and product performance - Management reported strong growth across all product categories, particularly in pre-rolls, vapes, and edibles, driven by increased distribution [60][62] Question: Importance of multiple banners in cannabis retail - Management indicated that both converting existing banners and adding new ones are part of the strategy to meet consumer preferences [66][67]
Sundial(SNDL) - 2024 Q4 - Earnings Call Presentation
2025-03-18 17:25
Forward-looking statements Certain statements contained in this presentation may constitute forward-looking information and statements. All statements in this presentation, other than statements of historical fact, that address events or developments concerning SNDL Inc. ("SNDL" or the "Company") that SNDL expects to occur are "forward-looking information and statements". Forward-looking information and statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan" ...
Sundial(SNDL) - 2024 Q4 - Annual Report
2025-03-18 11:21
Exhibit 99.1 SNDL Reports Fourth Quarter and Full Year 2024 Financial and Operational Results The Company reports Record Full Year Net Revenue, Gross Profit and Gross Margin, as well as positive Cash Flow and Free Cash Flow CALGARY, AB, March 18, 2025 /CNW/ - SNDL Inc. (NASDAQ: SNDL) ("SNDL" or the "Company") reported its financial and operational results for the full year and fourth quarter ended December 31, 2024. All financial information in this press release is reported in millions of Canadian dollars ...
SNDL Reports Fourth Quarter and Full Year 2024 Financial and Operational Results
Prnewswire· 2025-03-18 11:00
Core Insights - SNDL Inc. reported record full-year net revenue, gross profit, and gross margin for 2024, alongside positive cash flow and free cash flow [1][4][6] - The company achieved a net revenue of CAD 920.4 million for the full year, reflecting a growth of 1.3% year-over-year, and CAD 257.7 million for the fourth quarter, a 3.7% increase [6][10] - Gross profit reached CAD 240.3 million for the full year, up 26.2% from the previous year, with a gross margin of 26.1% [6][11] - The company is focused on long-term growth and shareholder value, with plans to list its shares on the Canadian Securities Exchange in April 2025 [5][8] Financial Performance - The operating loss for the fourth quarter was CAD 76.1 million, influenced by a negative valuation adjustment of CAD 65.7 million related to the SunStream portfolio [6][10] - Cash flow was negative by CAD 44.6 million in Q4 2024, but positive for the full year at CAD 23.3 million [6][10] - Free cash flow was positive at CAD 11.6 million for Q4 and CAD 8.9 million for the full year [6][11] Business Segments - Liquor Retail segment reported a decline in net revenue of 3.4% for Q4 and 4.1% for the full year, while Cannabis Retail grew by 10.7% in Q4 and 7.5% for the year [13][18] - Cannabis Operations saw a significant revenue increase of 42.4% in Q4 and 25.7% for the full year, driven by operational efficiencies and consumer innovation [22][26] - The company completed the acquisition of Nova Cannabis Inc. and Indiva Inc., enhancing its position in the cannabis market [7][26] Strategic Initiatives - SNDL is committed to enhancing its operational performance and financial discipline, with a strong balance sheet featuring CAD 218.4 million in unrestricted cash as of December 31, 2024 [6][8] - The company repurchased 10.8 million common shares at an average price of USD 1.81 per share, reflecting its strategy to manage share float [7][26] - SNDL aims to generate CAD 100 million in positive annual free cash flow within the next three years [8]
SNDL to Announce Fourth Quarter 2024 and Full Year 2024 Financial Results on March 18, 2025
Prnewswire· 2025-02-25 21:30
Company Overview - SNDL Inc. is a public company traded on Nasdaq under the symbol "SNDL" [2] - It is the largest private-sector liquor and cannabis retailer in Canada, operating retail banners such as Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis [2] - SNDL is a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada, focusing on low-cost biomass sourcing, premium indoor cultivation, product innovation, and low-cost manufacturing facilities [2] Financial Results Announcement - SNDL will release its fourth quarter and full year 2024 financial results for the period ended December 31, 2024, before market opens on March 18, 2025 [1] - Following the financial results release, SNDL will host a conference call and webcast at 10:00 a.m. EDT (8:00 a.m. MDT) on the same day [1]
These Marijuana Stocks Could Make The Difference In Your Portfolio
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-02-16 14:30
Core Viewpoint - The marijuana industry is facing volatility due to political uncertainties regarding federal cannabis laws, particularly under the Trump administration, which lacks support for legalization [1][3][2] Industry Overview - Investor confidence in marijuana stocks is heavily influenced by the political landscape, with a hostile federal environment potentially deterring investment and reducing capital flow into the sector [2][3] - Despite the challenges, there is optimism in the industry as demand for legal cannabis continues to grow, with many companies showing profitability [4] Company Highlights - **Jushi Holdings Inc.**: A vertically integrated cannabis company involved in cultivation, processing, and retail. The company supports the legalization of adult-use cannabis in Pennsylvania, emphasizing the importance of extending protections from the regulated medical market to the adult-use market [5][7][8] - **SNDL Inc.**: Engages in the production and sale of cannabis products in Canada, operating through various segments. Recently announced a partnership with HYTN Innovations Inc. to explore commercial manufacturing agreements for vape cartridges [9][10][11]