SiteOne Landscape Supply Announces Third Quarter 2019 Earnings
SiteOne Landscape Supply, Inc. (SITE)
Last siteone landscape supply, inc. earnings: 4/29 06:00 am
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Source: Business Wire
Third Quarter 2019 Highlights (compared to Third Quarter 2018) Net sales increased by 13% to $652.8 millionOrganic Daily Sales increased by 7%Gross profit increased by 13% to $215.2 million; gross margin of 33.0% was flat year-over-yearSG&A as a percentage of net sales decreased 90 basis points to 25.3%Net income increased by 16% to $34.6 millionAdjusted EBITDA increased by 18% to $70.5 million, adjusted EBITDA margin expanded 40 basis points to 10.8%Cash flow from operating activities increased by 8% to $75.8 millionCompleted two acquisitions: Voss Materials and Trendset Concrete ProductsPost-Quarter Highlights:Completed the acquisition of Design Outdoor ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its third quarter ended September 29, 2019 (“Third Quarter 2019”).“In the third quarter we saw improved weather which enabled us to drive strong organic growth across our product lines and end markets,” sa
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News
- 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
- SiteOne Landscape Supply, Inc. (NYSE: SITE) was upgraded by analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating. They now have a $165.00 price target on the stock, down previously from $167.00.MarketBeat
- SiteOne Landscape (SITE) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
SITE
Earnings
- 5/1/24 - Miss
SITE
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/18/24 - Form 4
- SITE's page on the SEC website