SiteOne Q4 net sales rise 3%, meet expectations

SiteOne Landscape Supply

11/02/2026 11:08

Overview

U.S. landscape supplies distributor's Q4 net sales rose 3%, meeting analyst expectations

Adjusted EBITDA for Q4 increased 18%, beating analyst estimates

Company repurchased $40 mln of shares and closed three acquisitions

Outlook

SiteOne expects 2026 pricing to increase 1% to 3%

Company anticipates flat overall demand in 2026

SiteOne forecasts 2026 adjusted EBITDA between $425 mln and $455 mln

Result Drivers

PRICING AND DEMAND - Improved pricing and solid demand in the maintenance market drove a 2% increase in Organic Daily Sales

ACQUISITIONS - Acquisitions contributed 1% to net sales growth, aiding overall revenue increase

GROSS MARGIN IMPROVEMENT - Gross margin increased 80 basis points due to improved price realization and acquisition contributions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Meet
$1.05 bln
$1.05 bln (11 Analysts)
Q4 EPS
-$0.20
Q4 Net Income
-$9 mln
Q4 Adjusted EBITDA
Beat
$37.60 mln
$33.56 mln (11 Analysts)
Q4 Gross Margin
34.10%
Q4 Adjusted EBITDA Margin
3.60%
Q4 Gross Profit
$356.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the diversified industrial goods wholesale peer group is "buy"

Wall Street's median 12-month price target for SiteOne Landscape Supply Inc is $151.00, about 1.5% above its February 10 closing price of $148.78

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 32 three months ago

Press Release: ID:nBw6x8Ht5a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)