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Add as a preferred source on GoogleSiteOne Posts $1.46 Q3 GAAP EPS as Net Sales Reach $1.29 Billion
Net sales rose 2.4% year over year but missed estimates by $10 million. Organic Daily Sales declined 1%.
SiteOne Landscape Supply, Inc. posted diluted GAAP earnings per share of $1.46 for the third quarter, topping analyst estimates by 6 cents. Net sales totaled $1.2911 billion, up 2.4% from a year earlier but $10 million below estimates.
Adjusted EBITDA was $138.3 million, an 8% increase. Its margin reached 10.7%, a 0.6 percentage point gain. Organic Daily Sales declined 1%.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.