SNDL Q3 2026 gross profit falls 10% year over year to CAD 57.9 million
SNDL•SNDL's third-quarter 2026 gross profit fell 10% year over year to CAD 57.9 million, while net revenue declined to CAD 238 million. Indirect equity ownership in Parallel rose to approximately 92%, and a potential issuer bid could repurchase up to CAD 50 million of shares at no more than USD 1.35 each.
1. Quarterly results and plans
SNDL's third-quarter 2026 gross profit fell 10% year over year to CAD 57.9 million, while net revenue declined to CAD 238 million. Indirect equity ownership in Parallel increased to approximately 92%; SNDL is evaluating direct ownership and financial consolidation. A potential substantial issuer bid would repurchase up to CAD 50 million of shares at no more than USD 1.35 each.
