SNDL Logs Narrowed Operating Loss in 4Q as Cannabis Revenue Rises

Dow Jones03-18

By Adriano Marchese

SNDL's operating loss narrowed in the fourth quarter on the back of stronger revenue from its cannabis segments, offsetting weaker alcohol sales.

The New York-listed Canadian liquor and cannabis retailer posted on Tuesday an operating loss of 76.1 million Canadian dollars ($53.3 million), which narrowed from a loss of C$85 million in the prior-year period.

Net revenue rose 3.7% to C$257.7 million.

Sales from its liquor segment, its largest, fell in the period by 3.4% to $154.1 million, due to continued softer demand for alcohol. Cannabis retail sales rose nearly 11% to C$83.2 million, and cannabis operations, its smallest unit, saw a 42% rise in revenue to C$37.1 million.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

March 18, 2025 07:29 ET (11:29 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2520621392?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-18 19:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2520621392","market":"hk","top_or_hot":-1,"title":"SNDL Logs Narrowed Operating Loss in 4Q as Cannabis Revenue Rises","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  SNDL's operating loss narrowed in the fourth quarter on the back of stronger revenue from its cannabis segments, offsetting weaker alcohol sales. \n</p>\n<p>\n  The New York-listed Canadian liquor and cannabis retailer posted on Tuesday an operating loss of 76.1 million Canadian dollars ($53.3 million), which narrowed from a loss of C$85 million in the prior-year period. \n</p>\n<p>\n  Net revenue rose 3.7% to C$257.7 million. \n</p>\n<p>\n  Sales from its liquor segment, its largest, fell in the period by 3.4% to $154.1 million, due to continued softer demand for alcohol. Cannabis retail sales rose nearly 11% to C$83.2 million, and cannabis operations, its smallest unit, saw a 42% rise in revenue to C$37.1 million. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 18, 2025 07:29 ET (11:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SNDL Logs Narrowed Operating Loss in 4Q as Cannabis Revenue Rises</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSNDL Logs Narrowed Operating Loss in 4Q as Cannabis Revenue Rises\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-18 19:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  SNDL's operating loss narrowed in the fourth quarter on the back of stronger revenue from its cannabis segments, offsetting weaker alcohol sales. \n</p>\n<p>\n  The New York-listed Canadian liquor and cannabis retailer posted on Tuesday an operating loss of 76.1 million Canadian dollars ($53.3 million), which narrowed from a loss of C$85 million in the prior-year period. \n</p>\n<p>\n  Net revenue rose 3.7% to C$257.7 million. \n</p>\n<p>\n  Sales from its liquor segment, its largest, fell in the period by 3.4% to $154.1 million, due to continued softer demand for alcohol. Cannabis retail sales rose nearly 11% to C$83.2 million, and cannabis operations, its smallest unit, saw a 42% rise in revenue to C$37.1 million. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 18, 2025 07:29 ET (11:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNDL","symbol_name":"SNDL Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520621392","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520621392","pubTimestamp":1742297340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"SNDL's operating loss narrowed in the fourth quarter on the back of stronger revenue from its cannabis segments, offsetting weaker alcohol sales.The New York-listed Canadian liquor and cannabis retailer posted on Tuesday an operating loss of 76.1 million Canadian dollars , which narrowed from a loss of C$85 million in the prior-year period.Sales from its liquor segment, its largest, fell in the period by 3.4% to $154.1 million, due to continued softer demand for alcohol. Cannabis retail sales rose nearly 11% to C$83.2 million, and cannabis operations, its smallest unit, saw a 42% rise in revenue to C$37.1 million.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"SNDL":"SNDL Inc."},"translate_title":"随着大麻收入增加，SNDL第四季度运营亏损收窄","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNDL":1},"content_text":"By Adriano Marchese \n\n\n \n\n\n  SNDL's operating loss narrowed in the fourth quarter on the back of stronger revenue from its cannabis segments, offsetting weaker alcohol sales. \n\n\n  The New York-listed Canadian liquor and cannabis retailer posted on Tuesday an operating loss of 76.1 million Canadian dollars ($53.3 million), which narrowed from a loss of C$85 million in the prior-year period. \n\n\n  Net revenue rose 3.7% to C$257.7 million. \n\n\n  Sales from its liquor segment, its largest, fell in the period by 3.4% to $154.1 million, due to continued softer demand for alcohol. Cannabis retail sales rose nearly 11% to C$83.2 million, and cannabis operations, its smallest unit, saw a 42% rise in revenue to C$37.1 million. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 18, 2025 07:29 ET (11:29 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.3","shortVersion":"4.32.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2520621392"}