SNDL shares surge 17.55% after-hours on record $16.7M free cash flow and strategic growth plans.

SNDL Inc. surged 17.55% in after-hours trading following the release of its Q3 2025 financial and operational results. The company reported net revenue of $244.2 million, a 3.1% year-over-year increase driven by 13.5% growth in its cannabis business. Record free cash flow of $16.7 million and a strong balance sheet with $240.6 million in unrestricted cash were highlighted, alongside strategic moves such as the pending acquisition of 32 cannabis retail stores from 1CM and international sales growth of $4.2 million. CEO Zach George emphasized operational improvements and resilience, while the earnings call underscored momentum in cannabis retail and edibles. Despite a reported operating loss of $11.1 million due to non-cash adjustments, the focus on free cash flow and expansion plans drove investor optimism.