secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001104659-21-133292
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne Q3 net sales up 25% to $936.4M; raises FY2021 Adjusted EBITDA guidance to $380-400M
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- Net sales $936.4M (+25% YoY); organic daily sales +15%; gross margin 36.4% (+310 bps).
- Net income $80.0M (+66%); Adjusted EBITDA $128.2M (+46%); Adj. EBITDA margin 13.7% (+200 bps).
- FY2021 Adj. EBITDA guidance raised to $380-400M (from $335-365M), growth 46-54% YoY, ex-acquisitions.
- Completed acquisition of Green Brothers Earth Works; established fourth distribution center in Dallas.
- Net debt $208.4M, net debt/EBITDA 0.5x; cash $158.0M, $364.1M ABL capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465921133292/0001104659-21-133292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465921133292/tm2131496d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-133292

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