SiteOne Landscape Supply (NYSE:SITE) Posts Quarterly Earnings Results, Misses Estimates By $0.27 EPS

SiteOne Landscape Supply (NYSE:SITE) announced its earnings results on Wednesday. The industrial products company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.33) by ($0.27), FiscalAI reports. The business had revenue of $940.10 million for the quarter, compared to the consensus estimate of $984.89 million. SiteOne Landscape Supply had a return on equity of 9.28% and a net margin of 3.23%.The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.61) earnings per share.

Here are the key takeaways from SiteOne Landscape Supply’s conference call:

• Adjusted EBITDA rose 14% in Q1 to $25.5M with a 30 bps expansion in EBITDA margin and a 90 bp gross margin improvement to 33.9%, showing operating resilience despite flat sales.
• Net sales were essentially flat at $940M with organic volume down 4% (weather and macro headwinds); management now expects flat sales volume for 2026, 2%–3% pricing (driving low single‑digit organic growth), and full‑year Adjusted EBITDA of $425M–$455M (including a $4M–$5M hit from an extra low‑season week).
• SiteOne completed the Reinders acquisition (part of ~$110M TTM sales added in Q1) and reiterated a robust M&A pipeline, continuing a long track record of dealmaking that has added ~$2.2B in sales since 2014.
• Commercial and operational initiatives—notably private‑label growth (private label ≈15% of sales, select lines +40%), digital sales (+60% y/y), bilingual branch expansion, and focus‑branch turnarounds—are cited as structural drivers of margin expansion and market‑share gains.
• Balance sheet and capital allocation are conservative and flexible: net debt of $585M (net debt/TTM EBITDA 1.4x), ~$502M liquidity, ABL maturity extended to 2031, and opportunistic buybacks ($20M repurchased in Q1).

SiteOne Landscape Supply Stock Performance

SITE traded up $7.03 during midday trading on Thursday, reaching $128.00. The company had a trading volume of 428,302 shares, compared to its average volume of 690,333. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.20 and a current ratio of 2.47. The stock has a market cap of $5.67 billion, a PE ratio of 38.09, a P/E/G ratio of 1.72 and a beta of 1.57. SiteOne Landscape Supply has a 12-month low of $112.23 and a 12-month high of $168.56. The business has a 50-day moving average price of $136.70 and a two-hundred day moving average price of $134.95.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on SITE shares. Barclays set a $148.00 price target on shares of SiteOne Landscape Supply and gave the company an “equal weight” rating in a research note on Thursday. Robert W. Baird set a $160.00 price target on shares of SiteOne Landscape Supply in a report on Thursday. Bank of America cut their price target on shares of SiteOne Landscape Supply from $182.00 to $167.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Royal Bank Of Canada boosted their price target on shares of SiteOne Landscape Supply from $151.00 to $171.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Finally, Zacks Research upgraded shares of SiteOne Landscape Supply from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, SiteOne Landscape Supply currently has an average rating of “Hold” and a consensus target price of $160.10.

Insider Activity

In other news, EVP Eric J. Elema sold 1,765 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $158.01, for a total value of $278,887.65. Following the sale, the executive vice president owned 2,911 shares of the company’s stock, valued at $459,967.11. The trade was a 37.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by company insiders.

Institutional Trading of SiteOne Landscape Supply

Several hedge funds and other institutional investors have recently modified their holdings of SITE. Empowered Funds LLC bought a new stake in shares of SiteOne Landscape Supply in the fourth quarter valued at approximately $42,000. NewEdge Advisors LLC increased its holdings in SiteOne Landscape Supply by 36.6% during the 1st quarter. NewEdge Advisors LLC now owns 399 shares of the industrial products company’s stock worth $48,000 after acquiring an additional 107 shares during the period. Danske Bank A S purchased a new stake in SiteOne Landscape Supply during the 3rd quarter valued at $52,000. Tower Research Capital LLC TRC lifted its position in shares of SiteOne Landscape Supply by 145.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 456 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 270 shares during the period. Finally, Advisory Services Network LLC bought a new stake in SiteOne Landscape Supply during the 3rd quarter valued at about $60,000.

About SiteOne Landscape Supply

SiteOne Landscape Supply is a leading distributor of landscape supplies and irrigation equipment in North America. The company serves a broad range of customers, including independent landscapers, lawn and garden retailers, municipalities and other commercial landscape professionals. Its product portfolio spans irrigation and lighting controls, pipes and fittings, fertilizers and soils, lighting fixtures, hardscapes, outdoor lighting systems and related installation accessories.

In addition to core product lines, SiteOne offers agronomic services designed to optimize turf and plant health, as well as online tools and training resources to help customers plan, specify and manage projects more efficiently.