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Ascend Wellness reports 4.2% revenue growth in Q3 2026, expands retail stores to 61, and posts positive cash flow.

Company Fundamentals
12 Nov 2026, 23:00 WIB
PRNewsWire
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Bullish
Ascend Wellness reports 4.2% revenue growth in Q3 2026, expands retail stores to 61, and posts positive cash flow.

Ascend Wellness Holdings reported a 4.2% year-over-year increase in net revenue to $130 million in Q3 2026, driven by retail sales growth and operating leverage. The company expanded its retail footprint to 61 stores, surpassing its year-end target ahead of schedule, and generated positive operating cash flow of $5.4 million despite a $19.1 million interest payment. Adjusted EBITDA rose to $31.1 million with a margin of 23.9%, reflecting improved profitability. Looking ahead, Ascend plans to continue expanding its retail presence and brand reach, including a new licensing agreement to enter the Canadian market.

Ascend Wellness Holdings reports its third quarter 2026 financial results. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Nov 13, 2026 02:01 WIB: out of 134 priced US stocks, 25 rose and 108 fell. Notable movers include NIO at USD 3.04 with a -6.02% change, Gogoro at USD 2.86 with a +5.93% change, and Stellantis at USD 3.91 with a -4.87% change.

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