SiteOne Landscape Supply Announces Second Quarter 2020 Earnings
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SiteOne Landscape Supply (SITE) Tops Q2 EPS by 35c, Revenues Beat
July 29, 2020 6:01 AM EDTSiteOne Landscape Supply (NYSE: SITE) reported Q2 EPS of $1.83, $0.35 better than the analyst estimate of $1.48. Revenue for the quarter came in at $817.7 million versus the consensus estimate of $744.28 million.
Second Quarter 2020 Highlights (Compared to Second Quarter 2019):
Net sales increased by 9% to $817.7 millionOrganic Daily Sales increased by 3%Gross profit increased 11% to $286.1 million; gross margin increased 70 basis points to 35.0%Net income increased 22% to $79.1 millionAdjusted EBITDA increased 16% to $132.1 million;... More