secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0001104659-22-024026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne Landscape Supply reports Q4 net sales up 19%, net income $27.5M; guides FY2022 Adj. EBITDA $430-450M
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- Net sales Q4 FY2021 $805.2M (+19% YoY); Organic Daily Sales +21%; full-year net sales $3.48B (+29%).
- Q4 net income $27.5M vs $11.5M prior year; full-year net income $238.4M (+97% YoY).
- Adjusted EBITDA Q4 $61.8M (+41%); full-year Adj. EBITDA $415.1M (+60%).
- Gross margin Q4 35.1% (+220 bps); full-year 34.9% (+160 bps).
- FY2022 guidance: Adj. EBITDA $430-450M (4-8% growth); expects high single-digit organic daily growth; gross margin to normalize.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465922024026/0001104659-22-024026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465922024026/tm225839d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-024026

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