secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001104659-25-011726
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 $21.7M; full-year net income down 29% to $123.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465925011726/0001104659-25-011726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465925011726/tm256018d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-011726

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