SiteOne Landscape Supply, Inc. (SITE) Form 10-Q — Oct 28, 2026
SiteOne Landscape Supply (NYSE: SITE) reported Q3 2026 net sales of $1,291.1 million, up 3% year-over-year, driven almost entirely by acquisitions ($39.7 million contribution) while organic daily sales fell 1% on soft end-market demand and weather-delayed fall applications. Net income attributable to SiteOne rose to $63.9 million ($1.46 diluted EPS) from $59.1 million ($1.31) a year ago, helped by 80 basis points of gross margin expansion to 35.5% on ~4% price realization, though the effective tax rate jumped to 26.0% from 20.4%.
Key figures
- Eps
- 1.46
- Guidance
- Anticipates sustained pressure on Net sales growth and Net income for the foreseeable future; price contribution projected at approximately 4% for Q4 2026.
- Net Income
- 63900000
- Total Debt
- 475500000
- Revenue Yoy
- 3% (Q3, to $1,291.1M from $1,258.2M)
- Cash Position
- 88400000
- Shares Outstanding
- 43131936
- Gross margin q3
- 35.5% (+80 bps)
- Abl availability
- $478.0 million
- Abl facility size
- $600.0 million
- Q3 eps prior year
- 1.32
- Q3 2025 net income
- 59100000
- Buyback avg price ytd
- 110.1
- Organic daily sales q3
- -1%
- Buyback new authorization
- $538.3 million ($500.0M increase plus $38.3M remaining)
- Tranche b term loans maturity
- March 22, 2030
- Acquisitions ytd purchase price
- 85500000
- Operating cash flow nine months
- 156700000
- Nine month net income attributable
- 176600000
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