{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-113693","form_type":"8-K","ticker":"SITE","cik":"0001650729","company_name":"SiteOne Landscape Supply, Inc.","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.578422+00:00","generated_at":"2026-06-22T14:20:19.340628+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SiteOne Q3 net sales up 18% to $1.1B; raises FY Adj. EBITDA guidance to $455-470M","bullets":["Net income fell 8% to $73.3M; Adj. EBITDA up 6% to $135.6M; margin down 140bps to 12.3%.","Organic Daily Sales grew 12% driven by pricing; acquisitions contributed $56.6M (6%) to net sales.","Board approved $400M share repurchase authorization; ABL facility increased to $600M.","Raised FY2022 Adj. EBITDA guidance to $455-470M from prior $440-460M (10-13% growth).","Closed six acquisitions in Q3 and one post-quarter; gross margin fell 120bps to 35.2%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-113693","json":"https://secwatch.observer/filing/0001104659-22-113693.json","markdown":"https://secwatch.observer/filing/0001104659-22-113693.md","text":"https://secwatch.observer/filing/0001104659-22-113693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650729/000110465922113693/0001104659-22-113693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650729/000110465922113693/tm2229152d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T14:20:19.340628+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2263608871b90fe29639d01378e6280e43a27fc7","claim":"SiteOne Landscape Supply, Inc. updated its Fiscal 2022 guidance (raised).","evidence_excerpt":"For Fiscal 2022, we now expect our Adjusted EBITDA to be in the range of $455 million to $470 million, which represents 10% to 13% growth over our exceptional Fiscal 2021 result.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650729/000110465922113693/0001104659-22-113693-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal 2022"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"3f9fc44a0802b0929308ef4b8c78a2f47bb6db10","claim":"SiteOne Landscape Supply, Inc. reported third quarter ended October 2, 2022 results: revenue $1.1 billion, net income $73.3 million.","evidence_excerpt":"99.1 November 2, 2022 SiteOne Landscape Supply Announces Third Quarter 2022 Earnings Third Quarter 2022 Highlights (Compared to Third Quarter 2021): • Net sales increased 18% to $1.1 billion • Organic Daily Sales increased 12% • Gross profit increased 14% to $388.6 million; Gross margin was 35.2% • SG&A as a percentage of Net sales increased 110 basis points to 26.2%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650729/000110465922113693/0001104659-22-113693-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 2, 2022"},{"label":"Revenue","value":"$1.1 billion"},{"label":"Net income","value":"$73.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}