SiteOne Landscape Supply (SITE) Tops Q3 EPS by 49c

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Go back to SiteOne Landscape Supply (SITE) Tops Q3 EPS by 49c

SiteOne Landscape Supply Announces Third Quarter 2021 Earnings

November 3, 2021 6:00 AM EDT

Third Quarter 2021 Highlights (Compared to Third Quarter 2020):

Net sales increased 25% to $936.4 million Organic Daily Sales increased by 15% Gross profit increased 36% to $340.5 million; gross margin increased 310 basis points to 36.4% SG&A as a percentage of Net sales increased by 70 basis points to 25.1% Net income increased 66% to $80.0 million Adjusted EBITDA increased 46% to $128.2 million Adjusted EBITDA margin increased 200 basis points to 13.7% Completed the acquisition of Green Brothers Earth Works

Post-Quarter Highlights

Issued 2021 Environmental, Social, and Governance (ESG) Report with enhanced disclosures and climate... More