SNDL logs record C$20 million Q3 free cash flow, eyes C$50 million buyback

Preliminary Q3 2026 free cash flow reached ~C$20 million, a company record. Board directs pursuit of a substantial issuer bid up to C$50 million. Shareholders rejected share consolidation proposal with 54.1% support. SNDL increased its indirect interest in Parallel to approximately 92%. Repurchased 21.8 million shares worth ~C$43.4 million over last 12 months.

SNDL Inc. to report Q3FY26 results on October 27

SNDL Inc. will release Q3FY26 financial results on October 27, 2026. Results cover the period ended September 30, 2026. Conference call scheduled for 10:00 am EDT on the same day. Company operates major retail banners including Ace Liquor and Spiritleaf.

SNDL Q2 Results: Revenue Falls 3.7% YoY to $235.8M, Operating Loss Widens

SNDL Inc. reported second quarter 2026 net revenue of $235.8 million, down 3.7% year-over-year, with gross profit declining 16.6% to $56.3 million and gross margin contracting 3.7 percentage points to 23.9%. The company recorded an operating loss of $(7.8) million for the quarter, compared to operating income of $5.0 million in the same period of the prior year, primarily driven by Jeeter production ramp-up costs in Cannabis Operations and revenue declines in Liquor Retail. Free cash flow improved by $1.2 million year-over-year to negative $(6.7) million, while the company maintained $183.2 million in unrestricted cash and no debt as of June 30, 2026. A key development was the completion of the Parallel restructuring on July 27, 2026, with SNDL expecting to assume direct control of Parallel's medical cannabis operations in Florida, Texas, and Massachusetts, subject to applicable regulatory requirements.

SNDL completes Parallel asset acquisition for US medical cannabis ops

SNDL Inc. has finalized the acquisition of Parallel assets, securing indirect majority stakes in U.S. medical cannabis operations across Florida, Texas, and Massachusetts. The deal eliminates US$842 million in debt and adds 56 retail stores with US$150 million in annualized revenue to SNDL's portfolio. While immediate financial impact is limited to a discounted loan acquisition, the move sets the stage for future consolidation of direct holdings, subject to regulatory approvals.

SNDL to report second quarter 2026 results on July 28

SNDL Inc. announced it will release its second quarter 2026 financial results on July 28, 2026, before markets open. A conference call and webcast are scheduled for the same day at 10:00 a.m. EDT to discuss the results.