SiteOne Landscape Supply (SITE) Tops Q4 EPS by 32c, Revenues Beat
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SiteOne Landscape Supply Announces Fourth Quarter and Full Year 2020 Earnings
February 24, 2021 6:00 AM ESTFourth Quarter 2020 Highlights (Compared to Fourth Quarter 2019):
Net sales increased by 26% to $675.1 million Organic Daily Sales increased by 12% Gross profit increased 31% to $222.3 million; gross margin increased 110 basis points to 32.9% SG&A as a percentage of Net sales decreased by 120 basis points to 30.0% Net income increased to $11.5 million from $2.5 million Adjusted EBITDA increased by $21.7 million, or 98%, to $43.9 million; Adjusted EBITDA margin increased 240 basis points to 6.5% Closed five acquisitions: BURNCO Landscape Centres, Hedberg Supply, Alpine Materials, Dirt & Rock, and Stone Center of VirginiaFull Year 2020 Highlights (Compared... More
