Briley Brisendine
On March 24, 2025, Briley Brisendine, the Company’s Executive Vice President, General Counsel and Secretary, notified the Company of his intent to resign from the Company.
Highest-materiality recent filing
SiteOne Q2 net sales up 5% to $1.53B; Adj. EBITDA up 5%; FY guidance $425-455M
Net sales $1,530.7M (+5% YoY); organic daily sales +1%; gross margin 36.9% (+50 bps).
SiteOne stockholders elect directors, ratify auditor, approve say-on-pay at annual meeting
Re-elected William W. Douglas III with 39.8M for, 1.6M withheld; Jeri L. Isbell with 40.5M for, 0.9M withheld.
SiteOne Landscape Supply Reports Q1 2026 Net Sales of $940.1M and Adjusted EBITDA of $25.5M
Net sales increased 0.1% to $940.1M; organic daily sales decreased 1%.
SiteOne amends credit facility: maturity extended to 2031, LC sublimit raised to $50M
Extended final scheduled maturity to April 22, 2031 (springing 91 days before maturity of another credit agreement).
SiteOne EVP Strategy Scott Salmon retires; Daniel Laughlin succeeds him
Scott Salmon retired as EVP Strategy and Development effective March 31, 2026; will assist transition.
SiteOne Q4 sales up 3% to $1.05B; full-year net income rises 23% to $151.8M
Q4 net sales $1.05B (+3% YoY); organic daily sales +2%; gross margin improved 80bps to 34.1%.
SiteOne Q3 net income +33% to $59.1M; Adj EBITDA +11% to $127.5M
Net sales $1,258.2M (+4% YoY); Organic Daily Sales +3%; pricing +1%.
John Guthrie to retire as EVP and CFO effective January 1, 2026; will serve as senior advisor to CEO.
SiteOne Q2 net sales up 3% to $1.46B, net income up 7% to $129M, Adj EBITDA up 8%
Net sales $1,461.6M (+3% YoY); Organic Daily Sales flat; gross margin improved 30bps to 36.4%.
SiteOne shareholders approve board declassification; charter and bylaws amended
Shareholders voted 40.4M for vs 3.7K against to declassify the board; effective May 16, 2025.
SiteOne Q1 net loss widens to $27.3M; organic daily sales down 1%
Net sales $939.4M (+4% YoY); organic daily sales -1% due to later spring and softer repair/remodel market.
SiteOne EVP, GC & Secretary Briley Brisendine resigns, transitions through Oct 2025
Briley Brisendine resigns as EVP, General Counsel and Secretary effective April 13, 2025.
SiteOne Q4 net loss $21.7M; full-year net income down 29% to $123.6M
Q4 net sales rose 5% YoY to $1.01B; Organic Daily Sales +1% on volume growth offset by 3% deflation.
SiteOne grants PSUs to officers; CEO receives 15,460 units based on 3-yr performance
PSUs awarded Feb 5, 2025 to CEO Doug Black (15,460), EVPs Brisendine, Guthrie (3,036 each), Salmon (2,668), Ketter (2,576).
SiteOne plans to propose declassification of board at 2025 annual meeting
Board will submit a management proposal to eliminate classified board and adopt single-class director structure.
SiteOne Q3 net income falls 22% to $44.4M; cuts FY 2024 Adj EBITDA guidance to $370-380M
Net sales up 6% to $1.21B; organic daily sales down 1% on price deflation.
SiteOne Q2 net sales +4% to $1.41B; organic sales -3%; Adj. EBITDA down slightly
Net income attributable to common shares fell 3% to $120.2M from $124.0M.
SiteOne closes $393M Tranche B term loan refinancing, matures 2030
Aggregate principal of ~$393M in Tranche B Term Loans; used to repay existing initial term loans, fees, and working capital.
SiteOne Q2 trend update: organic daily sales down ~4-5% YoY; volumes declining
Q1 2024 organic daily sales up 1% YoY; Q2 trend (through early June) down ~4-5% YoY.
Elected Doug Black, Judith Sansone, and Jack Wyszomierski as directors for three-year terms.
SiteOne Q1 net loss widens to $19.3M; adjusted EBITDA down 47% to $21.1M
Net sales +8% to $904.8M; organic daily sales +1%; gross margin -100 bps to 33.3%.
SiteOne Q4 net loss widens to $3.4M; FY23 EBITDA down 12% to $410.7M, guides FY24 EBITDA $420-455M
Q4 net sales +8% to $965M; organic daily sales -1%; net loss $3.4M vs $0.9M loss prior year.
SiteOne grants PSUs to CEO Black (12,375) and four other NEOs; based on 3-year EBTA growth vs peers
CEO Doug Black receives 12,375 PSUs; other four NEOs receive 2,062-2,459 each.
SiteOne enters Separation Agreements with five named executive officers
Agreements with Doug Black, John Guthrie, Briley Brisendine, Scott Salmon, Joseph Ketter and other senior executives.
SiteOne Q3 net income falls 22% to $57.3M; guides FY23 EBITDA $400-410M
Net sales $1.15B (+4% YoY); organic daily sales -2% on commodity price deflation.
SiteOne Q2 net income down 12% to $124M; sales up 11% to $1.35B
Net sales $1.35B (+11% YoY); organic daily sales +4% on volume growth; acquisitions contributed 7%.
SiteOne Landscape Supply upsizes term loans by $120M to $372M, repays ABL facility
Borrowed additional $120M Initial Term Loans from JPMorgan Chase on July 12, 2023; total outstanding $372M.
SiteOne annual meeting elects two directors, ratifies auditor, passes say-on-pay
Elected William W. Douglas III (41.3M votes for) and Jeri L. Isbell (36.8M for) to three-year terms.
SiteOne Q1 net loss of $4.5M vs $32.3M income; sales up 4% to $837.4M
Net loss of $4.5M compared to net income of $32.3M a year ago.
SiteOne amends credit agreement to replace LIBOR with SOFR benchmark
Subsidiary entered First Amendment to $325M Second Amended and Restated Credit Agreement on March 27, 2023.
SiteOne Q4 net loss $0.9M vs profit $27.5M; FY net income up 3%; guides FY23 EBITDA $395-425M
Q4 net sales $890.0M (+11% YoY); net loss $0.9M vs prior-year net income $27.5M; Adj. EBITDA $38.9M (-37%).
SiteOne grants PSUs to executives; CEO Black receives 8,034 target units
CEO Doug Black awarded 8,034 PSUs; other NEOs receive 1,339 to 1,673 PSUs each.
SiteOne Q3 net sales up 18% to $1.1B; raises FY Adj. EBITDA guidance to $455-470M
Net income fell 8% to $73.3M; Adj. EBITDA up 6% to $135.6M; margin down 140bps to 12.3%.
SiteOne Q2 net sales $1.22B (+12% YoY), Adj EBITDA $222M (+16%), raises FY22 guidance to $440-460M
Net sales $1.22B, up 12% YoY; Organic Daily Sales +8%; gross margin 37.9% (+210 bps).
SiteOne Landscape Supply upsizes credit facility to $600M; extends maturity to July 2027
Seventh Amendment increases revolving commitments to $600 million.
SiteOne shareholders elect 3 directors, ratify auditor, approve say-on-pay at 2022 annual meeting
Fred M. Diaz elected with 41.2M votes for, 0.6M withheld; broker non-votes 0.99M.
SiteOne Q1 net sales up 24% to $805M; adj EBITDA doubles to $67.8M
Net sales $805.3M (+24% YoY); organic daily sales +17%.
Net sales Q4 FY2021 $805.2M (+19% YoY); Organic Daily Sales +21%; full-year net sales $3.48B (+29%).
SiteOne grants PSUs to five named executive officers; CEO Black awarded 6,317 units
CEO Doug Black awarded 6,317 performance stock units (PSUs) under the 2020 Omnibus Equity Incentive Plan.
SiteOne Q3 net sales up 25% to $936.4M; raises FY2021 Adjusted EBITDA guidance to $380-400M
Net sales $936.4M (+25% YoY); organic daily sales +15%; gross margin 36.4% (+310 bps).
SiteOne Q2 net sales up 33% to $1.1B, raises FY 2021 EBITDA outlook to $335-365M
Net income rose 56% to $123.5M; Adjusted EBITDA up 44% to $190.6M (17.6% margin, +140 bps).
On March 24, 2025, Briley Brisendine, the Company’s Executive Vice President, General Counsel and Secretary, notified the Company of his intent to resign from the Company.
Max materiality 0.90 · Median 0.65 · Most common event earnings