SNDL Q1 Sales $197.800M Miss $209.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
SNDL reported Q1 sales of $197.800M, missing the analyst consensus estimate of $209.300M by 5.49%, marking a 2.30% decrease from the same period last year.

May 09, 2024 | 11:02 am
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NEGATIVE IMPACT
SNDL's Q1 sales of $197.800M missed estimates by 5.49% and decreased 2.30% YOY.
Missing sales estimates and showing a year-over-year decline is generally perceived negatively by the market, likely leading to a short-term negative impact on SNDL's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100