SNDL Q2 EPS $(0.02) Up From $(0.12) YoY, Sales $228.13M Beat $176.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
SNDL (NASDAQ:SNDL) reported Q2 EPS of $(0.02), an 83.33% improvement from $(0.12) YoY, and sales of $228.13M, beating the $176.43M estimate by 29.30%. Sales decreased by 1.63% YoY.
August 02, 2024 | 6:51 am
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POSITIVE IMPACT
SNDL reported Q2 EPS of $(0.02), an 83.33% improvement from $(0.12) YoY, and sales of $228.13M, beating the $176.43M estimate by 29.30%. Sales decreased by 1.63% YoY.
The significant improvement in EPS and the substantial beat on sales estimates are positive indicators for SNDL. Despite a slight YoY sales decline, the overall financial performance is likely to boost investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100