SiteOne Landscape Supply (SITE) Misses Q3 EPS by 14c

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Go back to SiteOne Landscape Supply (SITE) Misses Q3 EPS by 14c

SiteOne Landscape Supply Announces Third Quarter 2017 Earnings

November 8, 2017 6:00 AM EST

Third Quarter 2017 Highlights (compared to Third Quarter 2016):

Net sales increased 13% to $502.4 million Organic Daily Sales increased by 5% Gross profit increased 16% to $160.3 million; gross margin increased 80 basis points to 31.9% Net income increased 13% to $16.9 million Adjusted EBITDA increased 11% to $48.4 million; Adjusted EBITDA margin of 9.6% Completed the acquisitions of South Coast Supply and Marshall Stone, strengthening hardscapes presence in multiple markets

Post-Quarter Highlights:

Completed the acquisition of Harmony Gardens in... More