SNDL Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 235.14 million compared to CAD 17.16 million a year ago. Revenue was CAD 230.5 million compared to CAD 14.37 million a year ago. Net loss was CAD 98.11 million compared to net income of CAD 16.71 million a year ago. Basic loss per share from continuing operations was CAD 0.41 compared to basic earnings per share from continuing operations of CAD 0.08 a year ago. Diluted loss per share from continuing operations was CAD 0.41 compared to diluted earnings per share from continuing operations of CAD 0.08 a year ago.
For the nine months, sales was CAD 482.83 million compared to CAD 41.65 million a year ago. Revenue was CAD 471.79 million compared to CAD 33.41 million a year ago. Net loss was CAD 209.31 million compared to CAD 170 million a year ago. Basic loss per share from continuing operations was CAD 0.92 compared to CAD 0.95 a year ago. Diluted loss per share from continuing operations was CAD 0.92 compared to CAD 0.95 a year ago.