SiteOne Landscape ( (SITE) ) has released its Q2 earnings. Here is a breakdown of the information SiteOne Landscape presented to its investors.
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SiteOne Landscape Supply, Inc. is a leading wholesale distributor of landscape supplies in the United States and Canada, catering primarily to residential and commercial landscape professionals. In its second quarter of 2025, SiteOne reported a 3% increase in net sales to $1,461.6 million and an 8% rise in adjusted EBITDA to $226.7 million, despite facing softer market conditions. The company also improved its gross margin and achieved better SG&A leverage, contributing to a 7% increase in net income to $129.0 million. Key strategic moves included the acquisition of Green Trade Nursery and share repurchases totaling $54.3 million. Looking ahead, SiteOne anticipates continued market challenges but remains optimistic about leveraging positive price inflation and strategic initiatives to drive growth. The company plans to continue its acquisition strategy and expects to expand its adjusted EBITDA margin for the full year 2025.