$SITE

SiteOne Landscape Supply Q3 Earnings Miss Estimates Despite Revenue and Profit Growth

SiteOne Landscape Supply (NYSE:SITE) reported Q3 2026 earnings of $1.46 per share, below estimates of $1.48, and revenue of $1.29B, below expectations of $1.31B. The company cited weak demand and adverse weather for the shortfall, though adjusted EBITDA rose 8% to $138.3M. Full-year adjusted EBITDA guidance remains $425M-$440M. Shares were unchanged in after-hours trading.

Original reporting
Published Oct 28, 2026, 2:03 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 28, 2026, 2:46 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
SiteOne Landscape Supply Q3 Earnings Miss Estimates Despite Revenue and Profit Growth — source image
Decision brief

The 30-second read

$SITENeutralMed
01

Why it matters

The earnings miss could trigger short-term price pressure, while the larger buyback may attract long-term investors seeking shareholder returns.

02

Market read

The report provides fresh earnings data and a significant buyback authorization, offering actionable insight for traders.

03

What to watch

Weather-driven demand softness may be temporary; acquisitions contributed positively to sales growth.

Relevance 7/10Novelty 8/10Timing: after-hours today

Background

SiteOne Landscape Supply reported Q3 results with slight earnings miss, modest revenue beat, and announced a $500M increase to its share repurchase program.

Company-level read

Ticker impact

$SITENeutralHigh confidence
Context

Q3 2026 earnings and revenue missed estimates, with adjusted EPS $1.46 vs $1.48 consensus and a $500M increase to the share repurchase authorization.

Expected impact

likely modest downside pressure as the market prices in the earnings miss, tempered by potential upside from the larger buyback program.

Evidence & confidence

The miss is small (EPS 1.46 vs 1.48) and guidance remains unchanged; investors may focus on the $500M buyback increase as a positive catalyst.

Market effects

Landscape supply sector may see modest pressure as demand softness is highlighted, but pricing strength could benefit peers.

U.S. market may see slight pullback in related consumer discretionary stocks.

Limited, primarily affects U.S. listed landscape supply companies.

Counterpoint

Buy on the expanded buyback authorization, betting that the market overreacts to the small earnings miss.

Key entities

  • SiteOne Landscape Supply

    U.S.-listed provider of landscape products and services.

  • Doug Black

    Chairman and CEO of SiteOne Landscape Supply.

Related articles

$SITEMed

SiteOne Landscape Supply, Inc. Q3 2026 Earnings Call Summary

SiteOne Landscape Supply reported Q3 2026 net sales growth of 3%, driven by acquisitions and price increases, offsetting a 5% organic volume decline. Adjusted EBITDA margin expanded by 60 basis points, with digital sales up over 45%. Management expects full-year adjusted EBITDA of $425M-$440M, excluding unannounced acquisitions. A Q4 restructuring plan includes workforce reductions and branch consolidations, with a $6M-$8M charge.

$SITEHighAI 8/10

SiteOne (SITE) Q3 2026 Earnings Call Transcript

SiteOne (SITE) reported Q3 2026 net sales of $1.29B, up 3% YoY, with organic daily sales down 1%. Gross profit rose 5% to $459M, and adjusted EBITDA increased 8% to $138.3M. The company repurchased $62M in shares and plans to continue capital returns. SiteOne aims to grow through acquisitions and market share gains, targeting $2B in acquired revenue over the next decade. Management expects challenging market conditions but remains focused on long-term growth and shareholder value.

$SITEMed

SiteOne Q3 2026: Sales Rise 3%, Adjusted EBITDA Increases 8%

SiteOne reported Q3 2026 net sales of $1.291B, up 3% YoY, with net income rising 8% to $63.9M. Adjusted EBITDA increased 8% to $138.3M. The company expects full-year 2026 Adjusted EBITDA of $425M-$440M. Organic Daily Sales declined 1%, but acquisitions contributed $39.7M to growth. SiteOne authorized a $500M increase to its share repurchase program and plans workforce reductions in Q4.