{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-055212","form_type":"8-K","ticker":"SITE","cik":"0001650729","company_name":"SiteOne Landscape Supply, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.843134+00:00","generated_at":"2026-06-16T01:09:17.448130+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SiteOne Q1 net loss of $4.5M vs $32.3M income; sales up 4% to $837.4M","bullets":["Net loss of $4.5M compared to net income of $32.3M a year ago.","Net sales increased 4% to $837.4M; organic daily sales fell 2%.","Adjusted EBITDA decreased 41% to $39.8M; margin dropped 360 bps to 4.8%.","Gross margin expanded 90 bps to 34.3%, but SG&A rose 620 bps to 34.8% of sales.","Adjusted EBITDA guidance for FY 2023 reaffirmed at $395M to $425M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-055212","json":"https://secwatch.observer/filing/0001104659-23-055212.json","markdown":"https://secwatch.observer/filing/0001104659-23-055212.md","text":"https://secwatch.observer/filing/0001104659-23-055212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650729/000110465923055212/0001104659-23-055212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650729/000110465923055212/tm2314128d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:09:17.448130+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":"28497f5fda92576c1c0cf72d87ab790280f566b9","claim":"SiteOne Landscape Supply, Inc. reported first quarter ended April 2, 2023 results: revenue $837.4 million, net income Net loss of $4.5 million. Guidance reaffirmed.","evidence_excerpt":"99.1 May 3, 2023 SiteOne Landscape Supply Announces First Quarter 2023 Earnings First Quarter 2023 Highlights (Compared to First Quarter 2022): · Net sales increased 4% to $837.4 million · Organic Daily Sales decreased 2% · Gross profit increased 7% to $287.1 million; gross margin expanded 90 basis points to 34.3% · SG&A as a percentage of Net sales increased 620","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650729/000110465923055212/0001104659-23-055212-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"$837.4 million"},{"label":"Net income","value":"Net loss of $4.5 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}