{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-055158","form_type":"8-K","ticker":"SITE","cik":"0001650729","company_name":"SiteOne Landscape Supply, Inc.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.431428+00:00","generated_at":"2026-06-03T02:57:25.960345+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 widens to $19.3M; adjusted EBITDA down 47% to $21.1M","bullets":["Net sales +8% to $904.8M; organic daily sales +1%; gross margin -100 bps to 33.3%.","Net loss of $19.3M vs loss of $4.5M a year ago; adjusted EBITDA margin fell 250 bps to 2.3%.","Operating cash flow improved by $53.3M; net debt $508M; leverage unchanged at 1.3x.","Post-quarter closed two acquisitions: Eggemeyer and 75% stake in Devil Mountain Nursery.","FY2024 adjusted EBITDA guidance reaffirmed at $420M-$455M; expects low single-digit organic daily sales growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-055158","json":"https://secwatch.observer/filing/0001104659-24-055158.json","markdown":"https://secwatch.observer/filing/0001104659-24-055158.md","text":"https://secwatch.observer/filing/0001104659-24-055158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650729/000110465924055158/0001104659-24-055158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650729/000110465924055158/tm2413035d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:57:25.960345+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":"df3c00568375add87c2c822b0034d4709e671bb0","claim":"SiteOne Landscape Supply, Inc. reported first quarter ended March 31, 2024 results: revenue $904.8 million, net income $19.3 million. Guidance reaffirmed.","evidence_excerpt":"99.1 May 1, 2024 SiteOne Landscape Supply Announces First Quarter 2024 Earnings First Quarter 2024 Highlights (Compared to First Quarter 2023): · Net sales increased 8% to $904.8 million · Organic Daily Sales increased 1% · Gross profit increased 5% to $301.2 million; gross margin contracted 100 basis points to 33.3% · SG&A as a percentage of Net sales increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650729/000110465924055158/0001104659-24-055158-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$904.8 million"},{"label":"Net income","value":"$19.3 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"}