secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001104659-22-085386
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne Q2 net sales $1.22B (+12% YoY), Adj EBITDA $222M (+16%), raises FY22 guidance to $440-460M
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- Net sales $1.22B, up 12% YoY; Organic Daily Sales +8%; gross margin 37.9% (+210 bps).
- Net income $140.7M (+14%); Adjusted EBITDA $222M (+16%), margin 18.2% (+60 bps).
- Closed six acquisitions in Q2 and one post-quarter; upsized ABL facility to $600M from $375M, maturity July 2027.
- FY2022 Adj EBITDA guidance raised to $440-460M (prior $430-450M), high single-digit organic daily sales growth expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465922085386/0001104659-22-085386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465922085386/tm2222293d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-085386

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer