SiteOne Landscape Supply (SITE) Tops Q2 EPS by 35c, Revenues Beat

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SiteOne Landscape Supply Announces Second Quarter 2020 Earnings

July 29, 2020 6:00 AM EDT

Second Quarter 2020 Highlights (Compared to Second Quarter 2019):

Net sales increased by 9% to $817.7 million Organic 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 million Adjusted EBITDA increased 16% to $132.1 million; Adjusted EBITDA margin increased 100 basis points to 16.2%  Net cash provided by operating activities increased to $184.7 million, compared to $37.1 million for the same period last year

ROSWELL, Ga.--(BUSINESS WIRE)-- SiteOne Landscape Supply, Inc. (the Company or SiteOne) (NYSE: SITE) announced... More