SiteOne Landscape Supply (SITE) Tops Q4 EPS by 2c

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SiteOne Landscape Supply Announces Fourth Quarter and Full Year 2018 Earnings

February 19, 2019 6:00 AM EST

Fourth Quarter 2018 Highlights:

Net sales increased by 14% to $474.6 million Organic Daily Sales increased by 4% Gross profit increased 13% to $148.7 million; gross margin decreased 40 basis points to 31.3% Net loss of $2.1 million, compared to net income of $4.0 million in the prior year period Adjusted EBITDA increased 18% to $18.1 million; adjusted EBITDA margin increased 10 basis points to 3.8% Completed two acquisitions: C&C Sand and Stone and All Around Landscape Supply

Full Year 2018 Highlights:

Net sales increased by 13% to $2.11 billion... More