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Stock impact report

SiteOne Landscape Supply Announces First Quarter 2020 Earnings

SiteOne Landscape Supply, Inc. (SITE) 
Last siteone landscape supply, inc. earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.siteone.com
Company Research Source: Business Wire
First Quarter 2020 Highlights (Compared to First Quarter 2019):Net sales increased by 10% to $459.8 millionOrganic Daily Sales increased by 5%Gross profit increased 10% to $142.8 million; gross margin declined 10 basis points to 31.1%Net loss of $17.5 million, compared to net loss of $24.1 millionAdjusted EBITDA loss of $3.6 million, compared to loss of $5.9 millionCompleted the acquisitions of Wittkopf Landscape Supplies, Empire Supplies, The Garden Dept., and Big Rock Natural Stone and HardscapesAnnounced the appointment of Shannon Versaggi as Chief Marketing Officer effective February 17, 2020Post-Quarter Highlights:On April 1, 2020 borrowed approximately $100 million under $375 million ABL Facility to increase cash position and financial flexibility in light of COVID-19 uncertainty ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its first quarter ended March 29, 2020 (“First Quarter 2020”).“As the CO Show less Read more
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