SNDL Inc. Stock 21.18% Up Before The Weekend

(VIANEWS) – The NASDAQ ended the session with SNDL Inc. rising 21.18% to $1.75 on Friday, following the last session’s downward trend. NASDAQ rose 0.16% to $16,428.82, after four successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

SNDL Inc.’s last close was $1.44, 38.98% under its 52-week high of $2.36.

About SNDL Inc.

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through four segments: Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores. The company also produces and distributes inhalable products, such as flower, pre-rolls, and vapes. It offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.

Earnings Per Share

As for profitability, SNDL Inc. has a trailing twelve months EPS of $-0.64.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -17.6%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 900.96M for the twelve trailing months.

More news about SNDL Inc. (SNDL).

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