SNDL Q2 Sales C$244.51M Up From C$223.69M YoY. Net Loss C$(29.988M)
Portfolio Pulse from Benzinga Newsdesk
Sundial Growers Inc. (NASDAQ:SNDL) reported Q2 sales of C$244.51M, a 9.31% increase from C$223.69M in the same period last year. However, the company also reported a net loss of C$29.988M.
August 14, 2023 | 11:06 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Sundial Growers reported a 9.31% YoY increase in Q2 sales but also a net loss of C$29.988M.
While Sundial Growers reported a significant increase in sales, the company also reported a net loss. This mixed financial performance could lead to uncertainty among investors, potentially impacting the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100