SiteOne Landscape Supply Announces Third Quarter 2024 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 2024 Highlights (Compared to Third Quarter 2023):Net sales increased 6% to $1.21 billionOrganic Daily Sales decreased 1%Gross profit increased 6% to $411.0 million; gross margin improved 10 basis points to 34.0%SG&A as a percentage of Net sales increased 170 basis points to 28.9%Net income attributable to SiteOne decreased $12.9 million to $44.4 millionAdjusted EBITDA1 decreased 4% to $114.8 million; Adjusted EBITDA margin was 9.5%Cash provided by operating activities increased $27.2 million to $115.9 millionClosed one acquisition: Millican NurseriesRefinanced and extended the maturity of term loan ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its third quarter ended September 29, 2024 (“Third Quarter 2024”).“During the quarter we continued to face market headwinds with 3% price deflation and a softer repair and remodel market. Given these, we were pleased to achieve 2% Organic Daily Sale
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News
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- The New York Times Election Week News Quiz, Nov. 1, 2024 [The New York Times]The New York Times
- SiteOne Landscape Supply, Inc. (NYSE: SITE) had its price target raised by analysts at Barclays PLC from $114.00 to $120.00. They now have an "underweight" rating on the stock.MarketBeat
- Zacks Industry Outlook Siemens, W.W. Grainger and SiteOne Landscape Supply [Yahoo! Finance]Yahoo! Finance
SITE
Earnings
- 10/30/24 - Miss
SITE
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 144
- 11/14/24 - Form SC
- SITE's page on the SEC website