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Stock impact report

SiteOne Landscape Supply Announces Third Quarter 2019 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
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 Show less Read more
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