SNDL Inc. reported its financial results for the third quarter of 2024, with consolidated net revenue reaching CA$236.9 million, which remained flat compared to the third quarter of 2023. The company also reported a net loss for the quarter.
Despite the flat revenue and net loss, SNDL highlighted improved financials and positive free cash flow for Q3 2024. The company noted robust cannabis revenue growth and ongoing strategic restructuring initiatives.
These results indicate continued efforts in operational improvements and cost management, particularly within the cannabis segments. The focus on strategic restructuring aims to enhance overall business efficiency and long-term profitability.
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