Form 8-K
8-K — SiteOne Landscape Supply, Inc.
Accession: 0001104659-26-050657
Filed: 2026-04-29
Period: 2026-04-29
CIK: 0001650729
SIC: 5040 (WHOLESALE-PROFESSIONAL & COMMERCIAL EQUIPMENT & SUPPLIES)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — tm2613027d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2613027d1_ex99-1.htm)
GRAPHIC (tm2613027d1_8kimg001.jpg)
GRAPHIC (tm2613027d1_ex99-1img01.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: tm2613027d1_8k.htm · Sequence: 1
false
0001650729
0001650729
2026-04-29
2026-04-29
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 29, 2026
SiteOne Landscape Supply, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
001-37760
46-4056061
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer Identification No.)
300
Colonial Center Parkway, Suite 600
Roswell, Georgia
30076
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code:
(470) 277-7000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant
to Section 12(b) of the Act:
Title of
each class
Trading Symbol(s)
Name of each
exchange on which
registered
Common Stock, par value $0.01 per share
SITE
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition.
On April 29, 2026, SiteOne
Landscape Supply, Inc. issued a press release announcing its results of operations for the first quarter ended March 29, 2026. A copy
of the press release is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
Description
99.1
Press Release dated April 29, 2026
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
SITEONE LANDSCAPE SUPPLY, INC.
By:
/s/ Travis Jackson
Travis Jackson
General Counsel & Secretary
Date: April 29, 2026
EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K
Dated April 29, 2026
99.1 Press Release dated April 29, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2613027d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
April 29, 2026
SiteOne Landscape Supply Announces First
Quarter 2026 Earnings
First Quarter 2026 Highlights (Compared
to First Quarter 2025):
· Net sales increased $0.7 million to $940.1 million
· Organic Daily Sales decreased 1%
· Gross profit increased 3% to $318.8 million; gross margin improved 90 basis
points to 33.9%
· SG&A as a percentage of Net sales increased 70 basis points to 37.2%;
Base Business SG&A was flat on an adjusted basis
· Net loss attributable to SiteOne of $26.6 million, compared to $27.3 million
for the prior year period
· Adjusted EBITDA1 increased 14% to $25.5 million; Adjusted EBITDA
margin improved 30 basis points to 2.7%
· Cash used in operating activities decreased $7.5 million to $122.1 million
· Closed the acquisitions of Bourget Flagstone and Reinders
· Repurchased $20.0 million of shares under the share repurchase authorization
Post Quarter Highlights
· Amended ABL Facility and extended maturity to April 2031
ROSWELL, Ga. — (BUSINESS WIRE) —
SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its first
quarter ended March 29, 2026 (“First Quarter 2026”).
“We are pleased with our first quarter
performance as we more than offset the weather and market-related softness in sales volume and delivered Adjusted EBITDA growth with meaningful
gross margin improvement and continued tight SG&A management,” said Doug Black, Chairman and CEO of SiteOne. “Our teams
are executing our commercial and operational initiatives well, which is allowing us to gain market share and expand our Adjusted EBITDA
margin. During the quarter, we were also very pleased to complete the acquisition of Reinders, a strong fifth-generation market leader
in the Midwest, displaying the power of our acquisition strategy. Looking ahead, we remain confident in our ability to navigate the near-term
challenges, deliver superior value to our customers and suppliers, and execute our strategy to drive sustained performance and growth
for shareholders.”
First Quarter 2026 Results
Net sales for the First Quarter 2026 increased $0.7 million to $940.1
million compared to $939.4 million for the prior year period. Organic Daily Sales decreased 1% compared to the prior year period, primarily
due to unfavorable weather conditions across several regions, which resulted in lower volumes. While pricing was positive, lower sales
volume drove the year-over-year decline in Organic Daily Sales. Acquisitions contributed $12.4 million, or 1%, to Net sales growth for
the quarter.
Gross profit increased 3% to $318.8 million for the First Quarter 2026
compared to $309.8 million for the prior year period. Gross margin improved 90 basis points to 33.9%, driven by higher price realization
and continued benefits from commercial initiatives, partially offset by freight and distribution costs as well as deflation in certain
commodity products.
Selling, general and administrative expenses (“SG&A”)
for the First Quarter 2026 increased to $349.9 million from $343.2 million for the prior year period. SG&A as a percentage of Net
sales increased 70 basis points to 37.2% due primarily to the decrease in Organic Daily Sales during the quarter. SG&A in the Base
Business on an adjusted basis was flat for the first quarter compared to the prior year period.
1
Net loss attributable to SiteOne for the First Quarter 2026 was $26.6
million, compared to $27.3 million for the prior year period, reflecting higher gross margin, partially offset by lower sales volume and
higher SG&A.
Adjusted EBITDA1 for the First Quarter 2026 increased 14%
to $25.5 million, compared to $22.4 million for the prior year period. Adjusted EBITDA margin improved 30 basis points to 2.7%.
Net debt, calculated as long-term debt (net
of issuance costs and discounts) plus finance leases, net of Cash and cash equivalents on our balance sheet as of March 29, 2026,
was $584.5 million compared to $580.4 million as of March 30, 2025. Net debt to Adjusted EBITDA1 for the last twelve months
was 1.4 times compared to 1.5 times for the prior year period.
As of March 29, 2026, Cash and cash equivalents
were $84.0 million and available capacity under the ABL Facility was $418.1 million.
1. Adjusted EBITDA includes contribution from non-controlling interest of $0.7 million for the First Quarter 2026.
Outlook
“We achieved 3% growth in pricing during
the quarter, and we expect overall prices in 2026 to increase 2% to 3% for the full year,” Doug Black continued. “Due to unfavorable
weather, the Spring selling season started later this year than in 2025 and we have seen improved sales volume in April so far. In
terms of end markets, we believe that the recent increase in macroeconomic uncertainty is negatively affecting the already weak new residential
construction and the more resilient repair and upgrade end markets, more than offsetting maintenance growth and solid demand in new commercial
construction. As a result, we believe that overall end market demand will be down modestly for the full year 2026. With the benefit of
our commercial initiatives, we expect sales volume to be flat, yielding low single-digit Organic Daily Sales growth for the full year.
We also expect to expand our Gross margin through increased price realization and strong growth with private label products and small
customers. We expect to achieve SG&A leverage through our operational initiatives, which include focus branch improvements and delivery
cost reduction. Overall, including contributions from acquisitions, we expect to continue expanding our Adjusted EBITDA margin in 2026."
In fiscal year 2026, our results will include
an extra week compared to the prior year period. The extra week occurs in December of our fiscal fourth quarter during a historically
slower sales period and, as a result, is expected to reduce Adjusted EBITDA for the year by approximately $4 million to $5 million.
With all these factors in mind and including
the negative effect of the 53rd week, we continue to expect Adjusted EBITDA for fiscal year 2026 to be in the range of $425
million to $455 million. Our guidance does not include any contributions from unannounced acquisitions.
Reconciliation for the forward-looking full
year 2026 Adjusted EBITDA outlook is not being provided, as the Company does not currently have sufficient data to accurately estimate
the variables and individual adjustments for such reconciliation.
Conference Call Information
SiteOne management will host a conference
call today, April 29, 2026, at 8:00 a.m. Eastern Time, to discuss the Company’s financial results. The conference call
can also be accessed by dialing 877-704-4453 (domestic) or 201-389-0920 (international), or by clicking on this link for instant
telephone access to the call. A telephonic replay will be available approximately two hours after the call by dialing 844-512-2921, or
for international callers, 412-317-6671. The passcode for the replay is 13759555. The replay will be available until 11:59 p.m. (ET)
on May 13, 2026.
Interested investors and other parties can
listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at http://investors.siteone.com.
The online replay will be available for 30 days on the same website immediately following the call. A slide presentation highlighting
the Company’s results and key performance indicators will also be available on the Investor Relations section of the Company’s
website.
To learn more about SiteOne, please visit
the company's website at http://investors.siteone.com.
2
About SiteOne Landscape Supply, Inc.
SiteOne Landscape Supply, Inc. (NYSE:
SITE), is the largest and only national full product line wholesale distributor of landscape supplies in the United States and has an
established presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design,
installation and maintenance of lawns, gardens, golf courses and other outdoor spaces.
Investor Relations Contact:
SiteOne Landscape Supply, Inc.
Investor Relations
470-270-7011
investors@siteone.com
Forward-Looking Statements
This release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements
relating to our acquisition pipeline, organic and acquisition growth, execution of commercial and operational initiatives, and 2026 Adjusted
EBITDA outlook. Some of the forward-looking statements can be identified by the use of terms such as “may,” “intend,”
“might,” “will,” “should,” “could,” “would,” “expect,” “believe,”
“estimate,” “anticipate,” “predict,” “project,” “potential,” or the negative
of these terms, and similar expressions. You should be aware that these forward-looking statements are subject to risks and uncertainties
that are beyond our control. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no
obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect
the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time that may cause our business
not to develop as we expect, and it is not possible for us to predict all of them. Factors that may cause actual results to differ materially
from those expressed or implied by the forward-looking statements include, but are not limited to, the following: cyclicality in residential
and commercial construction markets; general business, economic, and financial market conditions, the level of new home sales and construction
activity, geopolitical conflicts, trade disputes, inflationary pressures, capital markets volatility, and declines in consumer confidence;
severe weather and climate conditions; seasonality of our business and its impact on demand for our products; volatility in the prices
for the products we purchase and the costs required to operate our business; laws and regulations governing our operations; hazardous
materials and related materials; laws and government regulations applicable to our business that could negatively impact demand for our
products; competitive industry pressures; supply chain disruptions (including as a result of geopolitical conflicts, the imposition of
U.S. tariffs or any changes affecting tariffs resulting from the recent U.S. Supreme Court decision), product or labor shortages, and
the loss of key suppliers; inventory management risks; ability to implement our business strategies and achieve our growth objectives;
acquisition and integration risks, including increased competition for acquisitions; risks associated with our large labor force and our
customers’ labor force, as well as labor market disruptions; public perceptions that our products and services are not environmentally
friendly or that our practices are not sustainable; retention of key personnel; construction defect and product liability claims; impairment
of goodwill; inefficient or ineffective allocation of capital; credit sale risks; performance of individual branches; cybersecurity incidents
involving our systems or third-party systems; failure or malfunctions in our information technology systems; security of personal information
about our customers; intellectual property and other proprietary rights; unanticipated changes in our tax provisions, including those
resulting from the passage of the One Big Beautiful Bill Act; risks related to our current indebtedness, including with respect to elevated
interest rates on our variable indebtedness, and our ability to obtain financing in the future; threats from terrorism, violence, uncertain
political conditions, and geopolitical conflicts with Iran as well as the ongoing conflict between Russia and Ukraine and other disruptions
in the Middle East; and other risks, as described in Item 1A, “Risk Factors”, and elsewhere in our Annual Report on Form 10-K
for the fiscal year ended December 28, 2025, as may be updated by subsequent filings under the Securities Exchange Act of 1934, as
amended, including Forms 10-Q and 8-K.
3
Non-GAAP Financial Information
This release includes certain financial information, not prepared in
accordance with U.S. GAAP. Because not all companies calculate non-GAAP financial information identically (or at all), the presentations
herein may not be comparable to other similarly titled measures used by other companies. Further, these measures should not be considered
substitutes for the information contained in the historical financial information of the Company prepared in accordance with U.S. GAAP
that is set forth herein.
We present Adjusted EBITDA in order to evaluate the operating performance
and efficiency of our business. Adjusted EBITDA represents EBITDA as further adjusted for items permitted under the covenants of our credit
facilities. EBITDA represents Net income (loss) plus the sum of income tax expense (benefit), interest expense, net of interest income,
and depreciation and amortization. Adjusted EBITDA represents EBITDA as further adjusted for stock-based compensation expense, (gain)
loss on sale of assets and termination of finance leases not in the ordinary course of business, financing fees, as well as other fees
and expenses related to acquisitions, and other non-recurring (income) loss. Adjusted EBITDA includes Adjusted EBITDA attributable to
non-controlling interest. Adjusted EBITDA does not include pre-acquisition acquired Adjusted EBITDA. Adjusted EBITDA is not a measure
of our liquidity or financial performance under U.S. GAAP and should not be considered as an alternative to Net income, operating income
or any other performance measures derived in accordance with U.S. GAAP, or as an alternative to cash flow from operating activities as
a measure of our liquidity. The use of Adjusted EBITDA instead of Net income has limitations as an analytical tool. Because not all companies
use identical calculations, our presentation of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies,
limiting its usefulness as a comparative measure. Net debt is defined as long-term debt (net of issuance costs and discounts) plus finance
leases, net of Cash and cash equivalents on our balance sheet. Leverage Ratio is defined as Net debt to trailing twelve months Adjusted
EBITDA. Free Cash Flow is defined as Cash Flow from Operating Activities, less capital expenditures. Base Business is defined as SiteOne
operations excluding acquired branches that have not been under our ownership for at least four full fiscal quarters at the start of the
fiscal year. We define Organic Daily Sales as Organic Sales divided by the number of Selling Days in the relevant reporting period. We
define Organic Sales as Net sales, including Net sales from newly-opened greenfield branches, but excluding Net sales from acquired branches
until they have been under our ownership for at least four full fiscal quarters at the start of the fiscal year. Selling Days are the
number of business days, excluding Saturdays, Sundays, and holidays, that SiteOne branches are open during the relevant reporting period.
4
SiteOne Landscape Supply, Inc.
Consolidated Balance Sheets (Unaudited)
(In millions, except share and per share data)
Assets
March 29, 2026
December 28, 2025
Current assets:
Cash and cash equivalents
$ 84.0
$ 190.6
Accounts receivable, net of allowance for doubtful accounts of $34.9 and $33.3, respectively
576.8
546.8
Inventory, net
1,107.9
876.5
Income tax receivable
32.9
22.4
Prepaid expenses and other current assets
80.4
62.5
Total current assets
1,882.0
1,698.8
Property and equipment, net
304.3
295.4
Operating lease right-of-use assets, net
443.9
439.7
Goodwill
567.7
530.4
Intangible assets, net
231.8
220.0
Deferred tax assets
9.0
14.7
Other assets
18.8
20.6
Total assets
$ 3,457.5
$ 3,219.6
Liabilities, Redeemable Non-controlling Interest, and Stockholders' Equity
Current liabilities:
Accounts payable
$ 454.0
$ 310.8
Current portion of finance leases
33.6
33.2
Current portion of operating leases
98.4
97.3
Accrued compensation
63.0
104.6
Long-term debt, current portion
3.9
3.9
Accrued liabilities
155.7
137.0
Total current liabilities
808.6
686.8
Other long-term liabilities
4.0
4.0
Finance leases, less current portion
99.1
101.6
Operating leases, less current portion
365.8
362.5
Long-term debt, less current portion
531.9
381.5
Total liabilities
1,809.4
1,536.4
Commitments and contingencies
Redeemable non-controlling interest
26.5
24.0
Stockholders' equity:
Common stock, par value $0.01; 1,000,000,000 shares authorized; 45,973,827 and 45,895,384 shares issued, and 44,313,345 and 44,390,032 shares outstanding at March 29, 2026 and December 28, 2025, respectively
0.5
0.5
Additional paid-in capital
667.9
658.1
Retained earnings
1,165.1
1,191.7
Accumulated other comprehensive loss
(5.7 )
(4.9 )
Treasury stock, at cost, 1,660,482 and 1,505,352 shares at March 29, 2026 and December 28, 2025, respectively
(206.2 )
(186.2 )
Total stockholders' equity
1,621.6
1,659.2
Total liabilities, redeemable non-controlling interest, and stockholders' equity
$ 3,457.5
$ 3,219.6
5
SiteOne Landscape Supply, Inc.
Consolidated Statements of Operations (Unaudited)
(In millions, except share and per share data)
Three Months Ended
March 29, 2026
March 30, 2025
Net sales
$ 940.1
$ 939.4
Cost of goods sold
621.3
629.6
Gross profit
318.8
309.8
Selling, general and administrative expenses
349.9
343.2
Other income
5.2
3.9
Operating loss
(25.9 )
(29.5 )
Interest and other non-operating expenses, net
8.0
7.4
Loss before taxes
(33.9 )
(36.9 )
Income tax benefit
(9.8 )
(9.4 )
Net loss
(24.1 )
(27.5 )
Less:
Net loss attributable to non-controlling interest
(0.1 )
(0.2 )
Adjustment of non-controlling interest to redemption value
2.6
—
Net loss attributable to SiteOne
$ (26.6 )
$ (27.3 )
Net loss per common share:
Basic
$ (0.60 )
$ (0.61 )
Diluted
$ (0.60 )
$ (0.61 )
Weighted average number of common shares outstanding:
Basic
44,586,582
45,084,610
Diluted
44,586,582
45,084,610
6
SiteOne Landscape Supply, Inc.
Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Three Months Ended
March 29, 2026
March 30, 2025
Cash Flows from Operating Activities:
Net loss
$ (24.1 )
$ (27.5 )
Adjustments to reconcile Net loss to net cash used in operating activities:
Amortization of finance lease right-of-use assets and depreciation
20.4
19.9
Stock-based compensation
14.2
13.6
Amortization of software and intangible assets
14.7
15.5
Amortization of debt related costs
0.3
0.3
Gain on sale of equipment
(1.6 )
(0.2 )
Other
(0.4 )
(2.7 )
Changes in operating assets and liabilities, net of the effects of acquisitions:
Receivables
(15.4 )
(14.3 )
Inventory
(203.7 )
(204.4 )
Income tax receivable
(10.5 )
(9.4 )
Prepaid expenses and other assets
(11.3 )
(17.8 )
Accounts payable
124.0
118.8
Accrued expenses and other liabilities
(28.7 )
(21.4 )
Net Cash Used In Operating Activities
$ (122.1 )
$ (129.6 )
Cash Flows from Investing Activities:
Purchases of property and equipment
(23.0 )
(14.8 )
Purchases of intangible assets
(5.0 )
—
Acquisitions, net of cash acquired
(75.9 )
(7.1 )
Proceeds from the sale of property and equipment
2.3
0.9
Net Cash Used In Investing Activities
$ (101.6 )
$ (21.0 )
Cash Flows from Financing Activities:
Equity proceeds from common stock
0.7
0.8
Repurchases of common shares
(20.0 )
(3.8 )
Repayments under term loan
(1.0 )
(1.0 )
Borrowings on asset-based credit facilities
205.2
220.5
Repayments on asset-based credit facilities
(54.1 )
(104.5 )
Payments on finance lease obligations
(8.5 )
(7.7 )
Other financing activities
(5.0 )
(4.3 )
Net Cash Provided By Financing Activities
$ 117.3
$ 100.0
Effect of exchange rate on cash
(0.2 )
0.1
Net change in cash
(106.6 )
(50.5 )
Cash and cash equivalents:
Beginning
190.6
107.1
Ending
$ 84.0
$ 56.6
Supplemental Disclosures of Cash Flow Information:
Cash paid during the year for interest
$ 8.1
$ 5.8
Cash paid during the year for income taxes
$ 1.1
$ —
7
SiteOne Landscape Supply, Inc.
Adjusted EBITDA to Net Income Reconciliation
(Unaudited)
(In millions)
The following table presents a reconciliation of Adjusted EBITDA to
Net income (loss):
2026
2025
2024
Qtr
1
Qtr
4
Qtr
3
Qtr
2
Qtr
1
Qtr
4
Qtr
3
Qtr
2
Reported Net
income (loss)
$ (24.1 )
$ (7.8 )
$ 60.6
$ 132.1
$ (27.5 )
$ (21.5 )
$ 44.6
$ 120.6
Income tax expense (benefit)
(9.8 )
(5.4 )
15.5
45.0
(9.4 )
(10.1 )
15.8
40.0
Interest expense, net
8.0
8.2
9.1
10.3
7.4
6.7
9.5
9.0
Depreciation
and amortization
35.1
34.7
35.4
35.3
35.4
35.6
35.9
34.6
EBITDA
9.2
29.7
120.6
222.7
5.9
10.7
105.8
204.2
Stock-based
compensation(a)
14.2
5.5
5.6
2.3
13.6
5.5
5.2
3.8
(Gain)
loss on sale of assets(b)
(1.6 )
0.3
0.1
(0.5 )
(0.2 )
1.5
0.3
(0.3 )
Financing
fees(c)
—
—
—
—
—
—
0.5
—
Acquisitions
and other adjustments(d)
3.7
2.1
1.2
2.2
3.1
14.1
3.0
2.8
Adjusted
EBITDA(e)
$ 25.5
$ 37.6
$ 127.5
$ 226.7
$ 22.4
$ 31.8
$ 114.8
$ 210.5
(a) Represents stock-based compensation expense recorded during the period.
(b) Represents any gain or loss associated with the sale of assets and termination of finance leases not in
the ordinary course of business.
(c) Represents fees associated with our debt refinancing and debt amendments.
(d) Represents professional fees and settlement of litigation, performance bonuses, and retention and severance
payments related to historical acquisitions. Also included is the cost of inventory that was stepped up to fair value during the second
quarter of 2024 related to the purchase accounting of Devil Mountain as well as charges during the fourth quarter of 2025 and 2024 for
consolidating or closing certain branch locations. We cannot predict the timing or amount of any such fees or payments. These amounts
are recorded in Cost of goods sold and Selling, general and administrative expenses in the Consolidated Statements of Operations.
(e) Adjusted EBITDA excludes any earnings or loss of acquisitions prior to their respective acquisition dates
for all periods presented. Adjusted EBITDA includes Adjusted EBITDA attributable to non-controlling interest as follows (in millions):
2026
2025
2024
Qtr
1
Qtr
4
Qtr
3
Qtr
2
Qtr
1
Qtr
4
Qtr
3
Qtr
2
Adjusted
EBITDA attributable to non-controlling interest
$ 0.7
$ 1.1
$ 1.0
$ 1.8
$ 0.3
$ 0.8
$ 0.8
$ 0.9
8
SiteOne Landscape Supply, Inc.
Organic Daily Sales to Net Sales Reconciliation
(In millions, except Selling Days; unaudited)
The following table presents a reconciliation
of Organic Daily Sales to Net sales:
2026
2025
Qtr 1
Qtr 1
Reported Net sales
$ 940.1
$ 939.4
Organic Sales(a)
927.7
939.4
Acquisition contribution(b)
12.4
—
Selling Days
64
64
Organic Daily Sales
$ 14.5
$ 14.7
(a) Organic Sales equal Net sales less Net sales from branches acquired in 2026 and 2025.
(b) Represents Net sales from acquired branches that have not been under our ownership for at least four full
fiscal quarters at the start of the 2026 Fiscal Year. Includes Net sales from branches acquired in 2026 and 2025.
9
GRAPHIC
GRAPHIC
Filename: tm2613027d1_8kimg001.jpg · Sequence: 6
Binary file (3853 bytes)
Download tm2613027d1_8kimg001.jpg
GRAPHIC
GRAPHIC
Filename: tm2613027d1_ex99-1img01.jpg · Sequence: 7
Binary file (4534 bytes)
Download tm2613027d1_ex99-1img01.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Cover
Apr. 29, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Apr. 29, 2026
Entity File Number
001-37760
Entity Registrant Name
SiteOne Landscape Supply, Inc.
Entity Central Index Key
0001650729
Entity Tax Identification Number
46-4056061
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
300
Colonial Center Parkway
Entity Address, Address Line Two
Suite 600
Entity Address, City or Town
Roswell
Entity Address, State or Province
GA
Entity Address, Postal Zip Code
30076
City Area Code
470
Local Phone Number
277-7000
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock, par value $0.01 per share
Trading Symbol
SITE
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration