---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-068012"
form_type: "8-K"
ticker: "SITE"
cik: "0001650729"
company_name: "SiteOne Landscape Supply, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:33:14.799413+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SiteOne Q2 trend update: organic daily sales down ~4-5% YoY; volumes declining

## Summary
- Q1 2024 organic daily sales up 1% YoY; Q2 trend (through early June) down ~4-5% YoY.
- Price deflation persists at ~3-4% in Q2; volumes turning negative (-1%) after +5% in Q1.
- Adjusted EBITDA for 2023 was $410.7M (11.6% margin), down from $464.3M in 2022.
- Management taking actions: reduce SG&A, execute Pioneer turnaround, continue accretive acquisitions.
- SiteOne holds 17% share in ~$25B market with over 690 branches across 45 U.S. states and Canada.

## SEC filing metadata
- accession: 0001104659-24-068012
- form_type: 8-K
- ticker: SITE
- cik: 0001650729
- company_name: SiteOne Landscape Supply, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650729/000110465924068012/0001104659-24-068012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650729/000110465924068012/tm2415972d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-068012
- JSON: https://secwatch.observer/filing/0001104659-24-068012.json
- Plain text: https://secwatch.observer/filing/0001104659-24-068012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.