SiteOne Landscape Supply Announces Fourth Quarter and Full Year 2018 Earnings
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SiteOne Landscape Supply (SITE) Tops Q4 EPS by 2c
February 19, 2019 6:24 AM ESTSiteOne Landscape Supply (NYSE: SITE) reported Q4 EPS of ($0.05), $0.02 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $474.6 million versus the consensus estimate of $474.59 million.
Net sales increased by 14% to $474.6 millionOrganic Daily Sales increased by 4%Gross profit increased 13% to $148.7 million; gross margin decreased 40 basis points to 31.3%Net loss of $2.1 million, compared to net income of $4.0 million in the prior year periodAdjusted EBITDA increased 18% to $18.1 million; adjusted EBITDA margin increased 10 basis points to... More