SiteOne Landscape Supply misses on earnings and revenue
SiteOne Landscape Supply (SITE) reported Q3 earnings of $1.46 per share, missing estimates by $0.02, with revenue of $1.29B, below the $1.31B forecast but up 3% YoY. The company cited weak market demand and delayed fall season due to weather. Adjusted EBITDA grew 8% to $138.3M. Full-year 2026 Adjusted EBITDA guidance is $425M-$440M. The company repurchased $62.2M of shares and increased its repurchase authorization by $500M.
How this was made
The 30-second read
Why it matters
The earnings miss highlights ongoing demand softness and weather‑related seasonality, which could affect peers in the building‑materials space.
Market read
The miss may trigger short‑term sell pressure in SITE and potentially influence related construction‑materials stocks.
What to watch
Acquisition contribution and strong EBITDA margin expansion may support longer‑term outlook.
Background
SiteOne Landscape Supply is a U.S. provider of landscape products and services, recently expanding via acquisitions.
Ticker impact
SiteOne Landscape Supply reported Q3 earnings and revenue that missed analyst estimates.
downward pressure as the market prices in the earnings miss
Missed EPS by $0.02 and revenue by $20M, with flat after‑hours trading, suggests investors will sell on the news.
Market effects
The landscape supply sector may see broader scrutiny on demand weakness.
U.S. construction‑related stocks could face short‑term pressure.
Limited to U.S. equities; no immediate global macro effect.
Counterpoint
If the share repurchase and EBITDA growth offset the miss, the stock could rebound.
Key entities
- companySiteOne Landscape Supply, Inc.
Subject of the earnings miss report.
