3 Troubling Numbers From Sundial Growers' Q4 Results
Sundial Growers (NASDAQ: SNDL) released its fourth-quarter earnings report on March 17 last week. Investors saw many positives in the report, including a reduction in certain expenses due to a reduction in force plus a big improvement in its cash position. But for a stock as volatile as Sundial, the response was fairly muted -- over the past five days, its shares were up a relatively modest 5% (while the S&P 500 was down 1%).
Investors were likely looking for much more from the company's Q4 numbers. While Sundial did show improvement in some areas, it wasn't enough to offset the negatives. Here are three of the most troubling numbers from the earnings report that should have you thinking twice about investing in the stock.
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Source Fool.com