SiteOne Landscape Supply (SITE) Tops Q4 Revenues Estimates

SiteOne Landscape Supply (NYSE: SITE) reported Q4 revenue for the quarter came in at $415.7 million versus the consensus estimate of $410.48 million.

Fourth Quarter 2017 Highlights:

• Net sales increased by 15% to $415.7 million
• Organic Daily Sales increased by 7%
• Gross profit increased 18% to $131.9 million; gross margin increased 80 basis points to 31.7%
• Net income of $4.0 million, compared to a net loss of $5.6 million in the prior year period
• Adjusted EBITDA increased 37% to $15.3 million
• Completed the acquisition of Harmony Gardens

For earnings history and earnings-related data on SiteOne Landscape Supply (SITE) click here.

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