secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001104659-23-022166
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne Q4 net loss $0.9M vs profit $27.5M; FY net income up 3%; guides FY23 EBITDA $395-425M
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- Q4 net sales $890.0M (+11% YoY); net loss $0.9M vs prior-year net income $27.5M; Adj. EBITDA $38.9M (-37%).
- Full-year FY2022 net sales $4.01B (+16%); net income $245.4M (+3%); Adj. EBITDA $464.3M (+12%).
- Board authorized $400M share repurchase; $25M repurchased in Q4.
- Closed 16 acquisitions in FY2022 with ~$240M TTM sales; three added in Q4.
- FY2023 guidance: Adj. EBITDA $395M-$425M; Organic Daily Sales flat to down mid-single digits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465923022166/0001104659-23-022166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465923022166/tm236810d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-022166

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