How’s the Market Reacting to SNDL Inc’s (SNDL) Q2 Results?

SNDL Inc. (NASDAQ:SNDL) is one of the Best Rising Penny Stocks to Buy According to Hedge Funds. On July 31, SNDL Inc. (NASDAQ:SNDL) released its fiscal second-quarter results for 2025. The market has reacted positively following the announcement, as the stock has surged 30.81% since the announcement.

During the quarter, the company delivered a quarterly revenue of $244.8 million, reflecting 7.3% year-over-year growth. Management noted that the key drivers of this growth were the cannabis business, which grew 17.4% and a return to growth within its liquor retail segment. Notably, the gross profits also improved by 16.2% year-over-year to reach $67.6 million.

How's the Market Reacting to SNDL Inc's (SNDL) Q2 Results?

Looking ahead, management highlighted that they have agreed to acquire 32 cannabis retail stores from 1CM Inc. for $32.2 million, which are expected to close in Q3 2025.

SNDL Inc. (NASDAQ:SNDL) is a vertically integrated company that operates in both the cannabis and liquor retail sectors in Canada. It owns and operates several retail banners selling cannabis products, accessories, wines, beers, and spirits.

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Disclosure: None. This article is originally published at Insider Monkey.