SNDL INC Stock Price, News & Analysis

SNDL (Nasdaq: SNDL) has launched its new Rise Rewards loyalty program across all Value Buds locations in Alberta, Ontario, Saskatchewan, and Manitoba, effective April 22, 2025. The program enables customers to earn points through regular visits and participation in recycling initiatives.

Tyler Robson, President of Cannabis at SNDL, emphasized that Rise Rewards will enhance the Value Buds shopping experience through exclusive member pricing and a straightforward points system. The program aims to reinforce Value Buds' commitment to affordability and value while providing customers with more incentives to choose their stores.

The loyalty program will help SNDL optimize pricing strategies and marketing efforts through customer insights. Available to individuals aged 19 and older (18+ in Alberta), Rise Rewards requires no purchase to participate and can be accessed at www.riserewards.com. SNDL plans to expand the program across its other retail banners in the future.

SNDL (Nasdaq: SNDL) has scheduled the release of its first quarter 2025 financial results for Thursday, May 1, 2025, before market opens. The results will cover the period ended March 31, 2025.

The company will host a conference call and webcast at 10:00 a.m. EDT (8:00 a.m. MDT) on the same day to discuss the quarterly results.

SNDL Inc. (Nasdaq: SNDL) (CSE: SNDL) has announced the commencement of trading its common shares on the Canadian Securities Exchange (CSE) under the symbol 'SNDL', effective April 11, 2025.

The CSE listing aims to provide SNDL with enhanced operational flexibility and the ability to capitalize on emerging opportunities. Shareholders will now have the option to trade in a Canadian market using Canadian dollars. The CSE's regulatory framework specifically supports cannabis industry companies, particularly those with U.S. exposure, offering SNDL access to a broader investor base and capital markets ecosystem.

SNDL (NASDAQ: SNDL) reported record financial results for Q4 and full year 2024. Net revenue reached $257.7M in Q4 (+3.7% YoY) and $920.4M for 2024 (+1.3% YoY), driven by strong cannabis business growth of +16.5% in Q4.

Gross profit hit new records at $68.8M in Q4 (+20.0% YoY) and $240.3M for 2024 (+26.2% YoY). The company achieved positive free cash flow of $11.6M in Q4 and $8.9M for the full year. However, Q4 operating loss was $(76.1M), mainly due to SunStream portfolio adjustment of $(65.7M) and Spiritleaf write-off.

Key developments include: Nova Cannabis privatization completion, Indiva acquisition making SNDL Canada's largest infused edibles manufacturer, Florida Department of Health approval for Parallel license transfer, and share repurchase of 10.7M shares at US$1.81 average. The company plans CSE listing in April 2025 and targets $100M annual free cash flow within three years.

SNDL (Nasdaq: SNDL) has scheduled the release of its fourth quarter and full year 2024 financial results for Tuesday, March 18, 2025, before market opens. The results will cover the period ended December 31, 2024.

The company will host a conference call and webcast at 10:00 a.m. EDT (8:00 a.m. MDT) on the same day to discuss the results.

SNDL has announced two key executive appointments: Phil McBride as Chief Information Officer and Navroop Sandhawalia as President, Liquor Division. McBride brings over 25 years of experience in consumer goods, financial services, and retail, with expertise in digital transformation and AI technologies. Sandhawalia, who joined SNDL in October 2023 as VP of Finance and was promoted to Interim President of the Liquor Division in September, has a background of 13 years at Loblaws in finance and analytics roles. CEO Zach George emphasized these appointments will strengthen the company's execution capabilities and drive value for stakeholders.

SNDL has announced the renewal of its share repurchase program, authorizing the repurchase of up to C$100 million of outstanding common shares from November 21, 2024, to November 20, 2025. The program allows for a maximum repurchase of approximately 13.2 million shares, representing 5% of outstanding shares. Under the current program ending November 20, 2024, SNDL has repurchased 727,829 shares at a weighted average price of US$1.97 per share. The company maintains discretion over timing, pricing, and amount of repurchases, which can be conducted through various means including open market purchases and block trades.

SNDL has successfully completed the acquisition of Indiva Group's business and assets for an estimated value of $22.7 million. The transaction includes Indiva's 40,000-square-foot production facility in London, Ontario, and a brand portfolio featuring Pearls by Grön, No Future, and Bhang Chocolate. The deal encompasses seven brands and fifty-three SKUs, positioning SNDL as Canada's leading producer of cannabis edibles. The consideration included a credit bid of Indiva Group's indebtedness to SNDL, retention of certain liabilities, and cash payments for priority indebtedness and CCAA proceedings costs.

SNDL (Nasdaq: SNDL) has scheduled the release of its third quarter 2024 financial results for Tuesday, November 5, 2024, before market opens. The company will host a conference call and webcast at 10:00 a.m. EDT (8:00 a.m. MDT) on the same day to discuss the results for the period ended September 30, 2024.