earnings
confidence high
sentiment negative
materiality 0.75
SiteOne Q4 net loss $21.7M; full-year net income down 29% to $123.6M
SiteOne Landscape Supply, Inc.
2024-FY EPS reported
$2.71
revenue$4,540,600,000
- Q4 net sales rose 5% YoY to $1.01B; Organic Daily Sales +1% on volume growth offset by 3% deflation.
- Q4 Adjusted EBITDA fell 20% to $31.8M; margin contracted 100 bps to 3.1%.
- FY2024 net income attributable to SiteOne $123.6M, down 29% vs $173.4M; Adjusted EBITDA $378.2M, down 8%.
- FY2024 gross margin slid 30 bps to 34.4%; SG&A as % of sales rose 130 bps to 30.5% on acquisitions.
- 2025 Adjusted EBITDA guidance $400M–$430M; expects low single-digit Organic Daily Sales growth.