SiteOne Landscape Supply Announces Third Quarter 2020 Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
SiteOne Landscape Supply (SITE) Tops Q3 EPS by 24c, Revenues Beat; Raises FY20 Adj. EBITDA Guidance
October 28, 2020 6:13 AM EDTSiteOne Landscape Supply (NYSE: SITE) reported Q3 EPS of $1.08, $0.24 better than the analyst estimate of $0.84. Revenue for the quarter came in at $751.9 million versus the consensus estimate of $698.12 million.
Third Quarter 2020 Highlights (Compared to Third Quarter 2019):
Net sales increased by 15% to $751.9 millionOrganic Daily Sales increased by 11%Gross profit increased 16% to $250.1 million; gross margin increased 30 basis points to 33.3%SG&A as a percentage of Net sales decreased by 90 basis points to 24.4%Net income increased 39% to $48.2 millionAdjusted EBITDA increased 25% to $87.8 million; Adjusted... More