Welcome to our dedicated page for Siteone Landscape Supply news (Ticker: SITE), a resource for investors and traders seeking the latest updates and insights on Siteone Landscape Supply stock.
News for SiteOne Landscape Supply, Inc. (NYSE: SITE) centers on its role as the largest and only national full product line wholesale distributor of landscape supplies in the United States, with an established presence in Canada. Coverage highlights how the company serves residential and commercial landscape professionals who design, install and maintain lawns, gardens, golf courses and other outdoor spaces.
Readers of the SITE news page can expect frequent updates on acquisitions and market expansion. Recent announcements include the completed acquisitions of Bourget Flagstone Co. in Santa Monica, California; French Broad Stone Yards in Arden and Brevard, North Carolina; CC Landscaping Warehouse Plus in Bradenton, Florida; Red’s Home & Garden in Wilkesboro, North Carolina; Autumn Ridge Stone & Landscape Supply in Holland, Michigan; Green Trade Nursery; Grove Nursery; and Nashville Nursery and Landscape Supply in Tennessee. These transactions are described as expanding SiteOne’s presence in local markets, strengthening its teams and broadening the products and services it offers landscape professionals.
The SITE news feed also features quarterly earnings releases, where the company reports net sales, gross profit, gross margin, SG&A, net income, Adjusted EBITDA, cash from operating activities and net debt. Management commentary discusses trends in end markets such as maintenance, new residential construction, repair and upgrade, and new commercial construction, as well as pricing dynamics in categories like grass seed.
In addition, SiteOne uses news releases to announce leadership and governance developments, such as the planned retirement of its Chief Financial Officer and the appointment of a successor. For investors and industry followers, the SITE news page offers a consolidated view of operational performance, strategic acquisitions and key corporate updates related to the landscape supply sector.
SiteOne Landscape Supply (NYSE:SITE) announced a key leadership transition as Executive Vice President and CFO John Guthrie plans to retire at the end of 2025. The company has appointed Eric Elema, currently Vice President of Finance and Corporate Controller, as the new EVP and CFO effective January 1, 2026.
Guthrie, who has been instrumental in SiteOne's growth since its 2016 IPO, will continue as a senior advisor to ensure a smooth transition. Elema, who joined SiteOne in 2016, brings extensive experience from his roles managing accounting, finance, shared services, and treasury functions, as well as over 11 years at McKesson Corporation.
SiteOne Landscape Supply (NYSE:SITE) reported strong Q2 2025 results with net sales increasing 3% to $1.46 billion. The company achieved notable improvements with gross profit up 4% to $531.4 million and net income rising 7% to $129.0 million. Adjusted EBITDA grew 8% to $226.7 million, with margin expanding 60 basis points to 15.5%.
The company completed strategic acquisitions including Green Trade Nursery, Grove Nursery, and Nashville Nursery. Despite challenging market conditions, SiteOne maintained strong operational efficiency with SG&A as a percentage of net sales decreasing 40 basis points to 23.9%. The company's financial position remains solid with available capacity of $499.3 million under its ABL Facility and a net debt to Adjusted EBITDA ratio of 1.3x.
For full year 2025, SiteOne expects Adjusted EBITDA between $400-430 million, anticipating low single-digit organic daily sales growth.SiteOne Landscape Supply (NYSE: SITE) has announced the acquisition of Nashville Nursery and Landscape Supply, a wholesale distributor of nursery products with one location in Nashville, Tennessee. This marks SiteOne's fourth acquisition in 2025, reinforcing its strategic expansion in the rapidly growing Nashville market.
The acquisition strengthens SiteOne's nursery presence and aligns with the company's strategy to offer a comprehensive range of landscape supplies and services to landscape professionals. SiteOne maintains its position as the largest and only full product line national wholesale distributor of landscape supplies in the United States, with an established presence in Canada.
SiteOne Landscape Supply (NYSE: SITE) has announced the acquisition of Grove Nursery, a wholesale distributor of nursery products located in northwest Minneapolis, Minnesota. This strategic acquisition marks SiteOne's third acquisition in 2025, expanding their product offering and market presence in the Minneapolis metropolitan area.
Grove Nursery, known for its superior quality and customer service in the local market, will join SiteOne's network, benefiting from their advanced customer service tools and enterprise systems. The acquisition aligns with SiteOne's strategy to offer a comprehensive range of landscape supplies and services to landscape professionals across different markets.
SiteOne Landscape Supply (NYSE:SITE), the largest national wholesale distributor of landscape supplies in the United States, has scheduled its second quarter 2025 earnings release for Wednesday, July 30, 2025, before market open.
The company will host a conference call at 8:00 a.m. ET on the same day. Investors can access the call through a webcast on the company's Investor Relations website or by dialing 877-704-4453 (domestic) or 201-389-0920 (international). A replay will be available until August 13, 2025.
SiteOne Landscape Supply reported Q1 2025 results with net sales increasing 4% to $939.4 million, despite a 1% decrease in Organic Daily Sales. The company's gross profit grew 3% to $309.8 million, though gross margin contracted 30 basis points to 33.0%.
The quarter saw a net loss of $27.3 million, compared to $19.3 million in Q1 2024, primarily due to higher SG&A expenses. However, Adjusted EBITDA improved 6% to $22.4 million, with margin expanding 10 basis points to 2.4%.
Notable developments include:
- Acquisition of Pacific Nurseries and Green Trade Nursery
- Base Business SG&A decreased 3% on adjusted basis
- Available capacity under ABL Facility at $467.7 million
- Net debt to Adjusted EBITDA ratio at 1.5x
Looking ahead, SiteOne expects flat to slightly up pricing for 2025, with full-year Adjusted EBITDA projected between $400 million to $430 million.
SiteOne Landscape Supply (NYSE: SITE), the largest national full product line wholesale distributor of landscape supplies in the United States, has scheduled its first quarter 2025 earnings release for Wednesday, April 30, 2025, before market opening.
The company will host a conference call at 8:00 a.m. (ET) on the same day. Investors can access the call through the company's website or by dialing 877-704-4453 (domestic) or 201-389-0920 (international). A replay will be available until May 14, 2025, by dialing 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 13752895.
SiteOne Landscape Supply (NYSE: SITE) has announced the acquisition of Green Trade Nursery of Georgia, a wholesale distributor of nursery products located in Jasper, Georgia. This marks SiteOne's 100th acquisition since becoming independent in 2013 and is their second acquisition in 2025.
Green Trade, known for delivering quality nursery products and exceptional service in the North Atlanta market, will enhance SiteOne's wholesale nursery presence in this growing region. The acquisition aligns with SiteOne's strategy to expand its full range of landscape products and services across different markets.
SiteOne Landscape Supply is the largest and only national wholesale distributor offering a complete product line of landscape supplies in the United States, with an expanding presence in Canada. The company primarily serves residential and commercial landscape professionals specializing in design, installation, and maintenance of outdoor spaces.
SiteOne Landscape Supply (NYSE: SITE) reported mixed results for Q4 and full-year 2024. In Q4, net sales increased 5% to $1.01 billion with 1% organic daily sales growth, though the company posted a net loss of $21.7 million. For full-year 2024, net sales grew 6% to $4.54 billion, while net income decreased 29% to $123.6 million.
Key metrics show some challenges: Adjusted EBITDA declined 20% to $31.8 million in Q4 and fell 8% to $378.2 million for the full year. Gross margin decreased 50 basis points to 33.3% in Q4 and 30 basis points to 34.4% for the year. The company completed seven acquisitions during 2024 with approximately $200 million in trailing twelve-month sales.
Looking ahead to 2025, SiteOne expects low single-digit organic daily sales growth and projects Adjusted EBITDA between $400-430 million, anticipating improved margins despite ongoing commodity price deflation.
SiteOne Landscape Supply (NYSE: SITE), the largest national full product line wholesale distributor of landscape supplies in the United States, has announced it will release its fourth quarter and full year 2024 financial results before market opening on Wednesday, February 12, 2025.
The company will host a conference call to discuss the results at 8:00 a.m. ET on the same day. Investors can access the live conference call through the company's website or by dialing 877-704-4453 (domestic) or 201-389-0920 (international). A replay will be available until February 26, 2025, by dialing 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 13750904.