SiteOne Landscape Supply, Inc. (SITE) Earnings
SiteOne Landscape Supply, Inc. is expected to report next earnings on July 29, 2026 (in NaN days), with a consensus EPS estimate of $3.39. SITE has beaten EPS estimates in 5 of its last 12 reported quarters (average surprise +1.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $-0.45 | $-0.60 | -33.3% | $940M | -4.3% |
| Feb 11, 2026 | $-0.29 | $-0.20 | +31.0% | $1.0B | +6.2% |
| Oct 29, 2025 | $1.22 | $1.31 | +7.4% | $1.3B | +19.5% |
| Jul 30, 2025 | $2.89 | $2.86 | -1.0% | $1.5B | +17.2% |
| Apr 30, 2025 | $-0.50 | $-0.61 | -22.0% | $939M | -36.5% |
| Feb 12, 2025 | $-0.26 | $-0.48 | -84.6% | $1.0B | +1.4% |
| Oct 30, 2024 | $1.16 | $0.97 | -16.4% | $1.2B | +22.4% |
| Jul 31, 2024 | $2.54 | $2.63 | +3.5% | $1.4B | +1.6% |
| May 1, 2024 | $-0.27 | $-0.43 | -59.3% | $905M | -35.0% |
| Feb 14, 2024 | $-0.18 | $-0.08 | +55.6% | $965M | +2.4% |
| Nov 1, 2023 | $1.45 | $1.25 | -13.8% | $1.1B | +0.3% |
| Aug 2, 2023 | $2.66 | $2.71 | +1.9% | $1.4B | +3.9% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 29, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Overcame weather and market-related softness, achieved 14% adjusted EBITDA growth with gross margin expansion and tight SG&A management. • Acquired Reinders, a strong market leader in the Midwest for irrigation, agronomics, and lighting products. • Volume improved in April with delayed spring season. • Macro-economic uncertainty may keep end markets soft, but pricing expected to be stronger. • Commercial and operational initiatives include private label product growth, increasing bilingual branches, improving Salesforce productivity, and working on focus branches for margin improvement.
Guidance
• Expect low single-digit organic daily sales growth for 2026 with 2%-3% pricing growth. • Gross margin expected to be higher than 2025 due to price realization and commercial initiatives, partially offset by higher freight and logistics costs. • Expect operating leverage in 2026, yielding solid improvement in adjusted EBDA margin. • Full-year adjusted EBDA for fiscal 2026 expected to be in the range of $425 million to $455 million, not factoring in unannounced acquisitions. • Extra week in 2026 expected to reduce adjusted EBDA by 4-5 million.
Segment performance
Net sales were 940 million, essentially flat year over year, with organic daily sales down 1%. Gross profit increased 3%, and gross margin improved by 90 basis points to 33.9%. SG&A as a percent of net sales increased 70 basis points to 37.2%. Adjusted EBDA for the quarter increased 14 percent to 25.5 million versus the prior year period, and adjusted EBDA margin expanded 30 basis points to 2.7%. Acquired grinders, a strong fifth-generation market leader in irrigation, agronomics, and landscape lighting in the Midwest, which will contribute to growth. Net sales contribution: maintenance 66%, new residential construction 20%, new commercial and recreational construction 14%.
Risks & headwinds
• Macroeconomic uncertainty could continue to affect end markets, especially new residential construction and repair and upgrade. • Energy volatility and higher interest rates may negatively impact the market. • Difficulty in quantifying the exact impact of weather on sales. • Uncertainty in passing through price increases to customers in a shaky demand environment.
Analyst Q&A
Q: David Manthe with Baird asked about commercial and operational initiatives for long-term margin improvement and top impacts in 2026.
A: Doug Black discussed private label, small customers, focus branches, delivery efficiency as key areas.
Q: Ryan Merkle with William Blair asked about weather impact and macro on the quarter.
A: Doug Black said weather affected volume and macro uncertainty led to modestly down market guide.
Q: Mike Dahl with RBC Capital Markets asked about margin breakdown and SG&A dynamics.
A: Doug Black said expected SG&A leverage in Q2-Q3, Q4 affected by extra week, gross margin expected to expand.
Q: Keith Hughes with True Securities asked about price increase pass-through and PVC pipe.
A: Doug Black said price increases have been passed through and working with suppliers.
Q: Matthew Boulay with Barclays asked about gross margin from commercial initiatives and Rinders margin profile.
A: Doug Black said private label and small customers contribute to gross margin and Rinders has synergies.
Q: Jeffrey Stevenson with Loop Capital Markets asked about fertilizer shortages impact on maintenance demand and Rinders integration.
A: Doug Black said fertilizer increase not affecting demand much and Rinders has synergies.
Q: Charles Prone-Peach with Goldman Sachs asked about customers using digital tools and capital allocation.
A: Doug Black said customers using digital more and capital allocation is opportunistic.
Q: Sean Kalman with Bank of America asked about April volume improvement and price increase pull forward.
A: Doug Black said volume improved and customers pull forward purchases.
Q: Colin Perron with Deutsche Bank asked about inventory costs and freight expenses.
A: Doug Black said inventory costs related to private label and freight expenses due to diesel and distribution.
Q: Matt Johnson with UBS asked about fertilizer inventory and focus branches.
A: Doug Black said fertilizer supply is good and focus branches can improve profitability.
Q: Andrew Carter with Steeple asked about Rinders contribution to EBITDA.
A: Doug Black said Rinders is expected to be profitable and adds flexibility to EBDA range.