SiteOne Reports Q1 Net Loss of $(0.60) EPS on Flat Revenue, Organic Sales Decline
Summary
SiteOne Landscape Supply reported first-quarter net sales of $940.1 million and a net loss of $(0.60) per share, reflecting a net loss attributable to the company of $(26.6) million. This contrasts with the strong full-year 2025 financial results previously reported. Revenue was essentially flat year-over-year, with organic daily sales declining 1% due to adverse weather and softer new residential demand. While gross margin expanded to 33.9% and operating loss narrowed, the shift to a net loss and the decline in organic sales are material concerns for investors. Traders will be closely watching for signs of recovery in organic sales and a return to profitability in upcoming quarters, as well as the impact of recent acquisitions.
At the time of this announcement, SITE was trading at $142.94 on NYSE in the Trade & Services sector, with a market capitalization of approximately $6.3B. The 52-week trading range was $108.12 to $168.56. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.