tiprankstipranks
Advertisement
Advertisement

SiteOne Landscape reports Q1 EPS (60c), consensus (30c)

Reports Q1 revenue $940.1M, consensus $982.27M. As of March 29, 2026, Cash and cash equivalents were $84.0M and available capacity under the ABL Facility was $418.1M. “We are pleased with our Q1 performance as we more than offset the weather and market-related softness in sales volume and delivered Adjusted EBITDA growth with meaningful gross margin improvement and continued tight SG&A management,” said Doug Black, Chairman and CEO of SiteOne. “Our teams are executing our commercial and operational initiatives well, which is allowing us to gain market share and expand our Adjusted EBITDA margin. During the quarter, we were also very pleased to complete the acquisition of Reinders, a strong fifth-generation market leader in the Midwest, displaying the power of our acquisition strategy. Looking ahead, we remain confident in our ability to navigate the near-term challenges, deliver superior value to our customers and suppliers, and execute our strategy to drive sustained performance and growth for shareholders.”

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1