GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » SNDL Inc (NAS:SNDL) » Definitions » Gross Profit

SNDL (SNDL) Gross Profit : $168.9 Mil (TTM As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is SNDL Gross Profit?

SNDL's gross profit for the three months ended in Sep. 2024 was $46.5 Mil. SNDL's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $168.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SNDL's gross profit for the three months ended in Sep. 2024 was $46.5 Mil. SNDL's Revenue for the three months ended in Sep. 2024 was $174.9 Mil. Therefore, SNDL's Gross Margin % for the quarter that ended in Sep. 2024 was 26.58%.

SNDL had a gross margin of 26.58% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of SNDL was 57.42%. The lowest was -81.86%. And the median was 19.71%.


SNDL Gross Profit Historical Data

The historical data trend for SNDL's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SNDL Gross Profit Chart

SNDL Annual Data
Trend Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 27.71 -38.93 -7.03 103.33 141.93

SNDL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.92 42.74 37.23 42.44 46.49

Competitive Comparison of SNDL's Gross Profit

For the Beverages - Wineries & Distilleries subindustry, SNDL's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SNDL's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, SNDL's Gross Profit distribution charts can be found below:

* The bar in red indicates where SNDL's Gross Profit falls into.



SNDL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

SNDL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=677.554 - 535.623
=141.9

SNDL's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=174.88 - 128.395
=46.5

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $168.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

SNDL's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=46.5 / 174.88
=26.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


SNDL  (NAS:SNDL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SNDL had a gross margin of 26.58% for the quarter that ended in Sep. 2024 => Competition eroding margins


SNDL Gross Profit Related Terms

Thank you for viewing the detailed overview of SNDL's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


SNDL Business Description

Traded in Other Exchanges
Address
919-11 Avenue South West, Suite 300, Calgary, AB, CAN, T2R 1P3
SNDL Inc is a private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. The principal activities of the company are the retailing of wines, beers, and spirits. It comprised four reportable segments: liquor retail, cannabis retail, cannabis operations, and investments. Liquor retail includes the sale of wines, beers, and spirits through owned liquor stores. The company generates maximum revenue from liquor retail.