SiteOne Landscape Supply (SITE) Tops Q4 Revenues Estimates
SiteOne Landscape Supply (NYSE: SITE) reported Q4 revenue for the quarter came in at $415.7 million versus the consensus estimate of $410.48 million.
Fourth Quarter 2017 Highlights:
- Net sales increased by 15% to $415.7 million
- Organic Daily Sales increased by 7%
- Gross profit increased 18% to $131.9 million; gross margin increased 80 basis points to 31.7%
- Net income of $4.0 million, compared to a net loss of $5.6 million in the prior year period
- Adjusted EBITDA increased 37% to $15.3 million
- Completed the acquisition of Harmony Gardens
For earnings history and earnings-related data on SiteOne Landscape Supply (SITE) click here.
