SiteOne Landscape Supply Announces Purchase of Majority Stake in Devil Mountain Wholesale Nursery
SiteOne Landscape Supply, Inc. (SITE)
Last siteone landscape supply, inc. earnings: 4/29 06:00 am
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Source: Business Wire
ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne Landscape Supply, Inc. (NYSE: SITE) announced today the company has purchased a majority stake in Devil Mountain Wholesale Nursery, LLC (“Devil Mountain”), joining forces with minority owner and CEO Drew McMillan.Devil Mountain is the largest wholesale distributor of landscape trees and plants in California, with eight wholesale nursery distribution branches and six growing facilities across the state. The transaction includes the option for SiteOne to purchase the remaining interest in Devil Mountain in future years. Drew McMillan will continue to lead Devil Mountain as its President.“Since Pat Murphy founded Devil Mountain in San Ramon in 1995, he and later Drew have built an outstanding team, network of facilities and reputation as the California market leader in nursery wholesale distribution,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “Devil Mountain’s ability to deliver the full range of high-quality nursery product
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News
- Earnings Release: Here's Why Analysts Cut Their SiteOne Landscape Supply, Inc. (NYSE:SITE) Price Target To US$163 [Yahoo! Finance]Yahoo! Finance
- Calculating The Intrinsic Value Of SiteOne Landscape Supply, Inc. (NYSE:SITE) [Yahoo! Finance]Yahoo! Finance
- SiteOne Landscape Supply, Inc. (NYSE: SITE) had its price target lowered by analysts at Barclays PLC from $145.00 to $133.00. They now have an "underweight" rating on the stock.MarketBeat
- SiteOne Landscape Supply, Inc. (NYSE:SITE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- SiteOne Landscape Supply, Inc. (NYSE: SITE) had its price target lowered by analysts at Truist Financial Co. from $204.00 to $175.00. They now have a "buy" rating on the stock.MarketBeat
SITE
Earnings
- 5/1/24 - Miss
SITE
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/13/24 - Form 8-K
- SITE's page on the SEC website