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SNDL Boasts Record Margins and Positive Cash Flow

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SNDL Boasts Record Margins and Positive Cash Flow

SNDL (SNDL) has released an update.

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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.

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