SNDL Q2 2025 Financial Results: Positive Operating Income Achieved

SEC Filing 6-K (0001279569-25-000809)

SNDL Inc. reported its financial and operational results for the second quarter of 2025, achieving positive operating income for the first time in the company's history. Key highlights include a net revenue of $244.8 million, a 7.3% increase year-over-year, driven by strong growth in the Cannabis business and a return to growth in the Liquor Retail segment. Gross profit reached $67.6 million, a 16.2% increase, with a gross margin of 27.6%. Operating income was $5.0 million, including a restructuring charge of $0.8 million. The company also reported a negative cash flow of $12.6 million, primarily due to working capital and CAPEX investments. SNDL's CEO, Zach George, highlighted the company's strategic improvements and growth across all operating segments, including the acquisition of 32 cannabis retail stores from 1CM Inc. and the launch of the Rise Rewards loyalty program. The company remains focused on long-term value creation and sustainable profitability.