SiteOne Landscape Supply (SITE) Misses Q2 EPS by 9c, Revenues Miss
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SiteOne Landscape Supply Announces Second Quarter 2018 Earnings
August 1, 2018 6:00 AM EDTSecond Quarter 2018 Highlights (compared to Second Quarter 2017)
Net sales increased by 13% to $687.8 million Organic Daily Sales increased by 5% Gross profit increased by 14% to $229.9 million; gross margin expanded 10 basis points to 33.4% Net income increased by 43% to $63.1 million Adjusted EBITDA increased by 12% to $103.0 million Completed four acquisitions: Terrazzo Stone, Landscapers Choice, Auto-Rain, and All American Stone with approximately $25 million in combined annualized revenuePost-Quarter Highlights:
Completed four acquisitions: Landscape Express, Kirkwood, Stone... More