SiteOne Landscape to Announce Q1 Earnings with Positive Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2025
0mins
Should l Buy SITE?
Source: Yahoo Finance
SiteOne Landscape Supply Inc. has seen its stock price drop by 12.41%, hitting a 5-day low amid mixed market conditions.
The company is set to release its Q1 2023 earnings report on April 29, with a consensus EPS estimate of -$0.30, reflecting a 50.8% year-over-year improvement. Despite the anticipated revenue of $982.27 million indicating stable growth, the stock's decline is attributed to sector rotation as the S&P 500 is down 0.24%.
Investors are closely watching the upcoming earnings report, as SiteOne's future outlook suggests confidence in growth through effective pricing strategies and cost management, which could enhance profitability.
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Analyst Views on SITE
Wall Street analysts forecast SITE stock price to rise
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 120.970
Low
134.00
Averages
141.50
High
151.00
Current: 120.970
Low
134.00
Averages
141.50
High
151.00
About SITE
SiteOne Landscape Supply, Inc. is a full product line wholesale distributor of landscape supplies in the United States and has a 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. It has over 670 branch locations in 45 United States and five Canadian provinces. Through its North American network, it offers a comprehensive selection of approximately 180,000 stock keeping units (SKUs) including hardscapes (such as pavers, natural stone, and blocks), irrigation supplies, fertilizer and control products (herbicides), landscape accessories, nursery goods, outdoor lighting, and ice melt products. The Company also owns Reinders, distributor of irrigation, agronomics, holiday and landscape lighting, and landscape supplies with 12 locations across Wisconsin, Michigan, Illinois, Indiana, Kansas and Minnesota.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SiteOne Landscape Supply Reports Q1 2026 Earnings Insights
- Performance Growth: SiteOne reported Q1 2026 net sales of $940 million, slightly up from last year despite challenges from adverse weather and market softness, with a 14% adjusted EBITDA growth indicating effective management in cost control and gross margin expansion.
- Acquisition Impact: The acquisition of Reinders, a leading player in the Midwest, enhances SiteOne's capabilities in irrigation and agronomics, expected to support future growth, although management cautioned that macroeconomic uncertainty may impact overall market demand.
- Market Outlook: Management anticipates low single-digit growth in organic daily sales for 2026, primarily driven by a 2% to 3% increase in pricing, while the new residential construction market, which comprises 20% of sales, is expected to decline, putting pressure on overall sales.
- Financial Position: The company reported a net loss of $26.6 million for Q1 and cash used in operating activities of $122 million, yet maintains liquidity of $502 million, demonstrating financial flexibility amid uncertain market conditions.
See More
Wall Street's Latest Rating Upgrades Summary
- Equinix Upgrade: Raymond James upgraded Equinix from Market Perform to Strong Buy, citing a robust recovery driven by AI-based demand after last year's adjustments, indicating a strong market rebound potential for the company.
- SiteOne's Positive Outlook: Deutsche Bank upgraded SiteOne from Hold to Buy, anticipating a guidance beat with a price target of $160, implying a 32% upside, reflecting market recognition of its attractive low valuation.
- Mistras Initiation: Roth Capital initiated coverage on Mistras with a Buy rating and a $22 target, highlighting significant improvements in operational efficiency that have driven margin expansion and free cash flow conversion, showcasing strong growth potential.
- Nutrien Upgrade: Bank of America upgraded Nutrien from Neutral to Buy, viewing the agricultural market's outlook as increasingly bullish, positioning Nutrien as a best-in-class operator with sustained growth capabilities.
See More
SiteOne (SITE) Q1 2026 Earnings Call Transcript
See More
SiteOne Landscape to Announce Q1 Earnings on April 29
- Earnings Announcement: SiteOne Landscape is set to release its Q1 2023 earnings report on April 29 before market open, with a consensus EPS estimate of -$0.30, reflecting a 50.8% year-over-year improvement, indicating gradual recovery amidst challenges.
- Revenue Expectations: The anticipated revenue for Q1 is $982.27 million, representing a 4.6% year-over-year increase, which highlights the company's stable growth in the landscape supply market despite economic headwinds.
- Estimate Revision Dynamics: Over the past three months, EPS estimates have seen four upward and four downward revisions, while revenue estimates have experienced eight upward and two downward adjustments, indicating analyst divergence and market uncertainty regarding the company's future performance.
- Future Outlook: SiteOne expects adjusted EBITDA to range between $425 million and $455 million in 2026, suggesting confidence in driving growth through positive pricing strategies and cost management measures, which could enhance future profitability.
See More
SITEONE LANDSCAPE SUPPLY INC: BOFA GLOBAL RESEARCH LOWERS PRICE TARGET TO $167 FROM $182
- Price Cut Announcement: BofA Global Research has announced a price cut for the S&P 500 index target, reducing it from $182 to $167.
- Market Implications: This adjustment reflects a more cautious outlook on market performance, indicating potential challenges ahead for investors.
See More
SiteOne Faces Near-Term Pressures Amid Long-Term Growth Narrative
- Housing Market Weakness: Builders sharply reduced activity in the second half of 2025, leading to a roughly 7% year-over-year decline in single-family housing starts, which is expected to directly impact SiteOne's construction-related business, as residential construction accounts for about 20% of its revenue while repair and upgrade activities contribute another quarter.
- Cost Inflation Pressure: Prices for key commodities such as fertilizer, PVC, and diesel have surged by 55% to over 75% year-over-year, and while SiteOne has responded with price increases and fuel surcharges, the uncertainty regarding demand sensitivity to higher prices in a weak residential environment suggests that margin expansion will stall in 2026.
- Internal Improvement Initiatives: SiteOne is executing a
See More
SiteOne Landscape Supply Reports Q1 2026 Earnings Insights
- Performance Growth: SiteOne reported Q1 2026 net sales of $940 million, slightly up from last year despite challenges from adverse weather and market softness, with a 14% adjusted EBITDA growth indicating effective management in cost control and gross margin expansion.
- Acquisition Impact: The acquisition of Reinders, a leading player in the Midwest, enhances SiteOne's capabilities in irrigation and agronomics, expected to support future growth, although management cautioned that macroeconomic uncertainty may impact overall market demand.
- Market Outlook: Management anticipates low single-digit growth in organic daily sales for 2026, primarily driven by a 2% to 3% increase in pricing, while the new residential construction market, which comprises 20% of sales, is expected to decline, putting pressure on overall sales.
- Financial Position: The company reported a net loss of $26.6 million for Q1 and cash used in operating activities of $122 million, yet maintains liquidity of $502 million, demonstrating financial flexibility amid uncertain market conditions.
See More
Wall Street's Latest Rating Upgrades Summary
- Equinix Upgrade: Raymond James upgraded Equinix from Market Perform to Strong Buy, citing a robust recovery driven by AI-based demand after last year's adjustments, indicating a strong market rebound potential for the company.
- SiteOne's Positive Outlook: Deutsche Bank upgraded SiteOne from Hold to Buy, anticipating a guidance beat with a price target of $160, implying a 32% upside, reflecting market recognition of its attractive low valuation.
- Mistras Initiation: Roth Capital initiated coverage on Mistras with a Buy rating and a $22 target, highlighting significant improvements in operational efficiency that have driven margin expansion and free cash flow conversion, showcasing strong growth potential.
- Nutrien Upgrade: Bank of America upgraded Nutrien from Neutral to Buy, viewing the agricultural market's outlook as increasingly bullish, positioning Nutrien as a best-in-class operator with sustained growth capabilities.
See More
SiteOne (SITE) Q1 2026 Earnings Call Transcript
See More
SiteOne Landscape to Announce Q1 Earnings on April 29
- Earnings Announcement: SiteOne Landscape is set to release its Q1 2023 earnings report on April 29 before market open, with a consensus EPS estimate of -$0.30, reflecting a 50.8% year-over-year improvement, indicating gradual recovery amidst challenges.
- Revenue Expectations: The anticipated revenue for Q1 is $982.27 million, representing a 4.6% year-over-year increase, which highlights the company's stable growth in the landscape supply market despite economic headwinds.
- Estimate Revision Dynamics: Over the past three months, EPS estimates have seen four upward and four downward revisions, while revenue estimates have experienced eight upward and two downward adjustments, indicating analyst divergence and market uncertainty regarding the company's future performance.
- Future Outlook: SiteOne expects adjusted EBITDA to range between $425 million and $455 million in 2026, suggesting confidence in driving growth through positive pricing strategies and cost management measures, which could enhance future profitability.
See More
SITEONE LANDSCAPE SUPPLY INC: BOFA GLOBAL RESEARCH LOWERS PRICE TARGET TO $167 FROM $182
- Price Cut Announcement: BofA Global Research has announced a price cut for the S&P 500 index target, reducing it from $182 to $167.
- Market Implications: This adjustment reflects a more cautious outlook on market performance, indicating potential challenges ahead for investors.
See More
SiteOne Faces Near-Term Pressures Amid Long-Term Growth Narrative
- Housing Market Weakness: Builders sharply reduced activity in the second half of 2025, leading to a roughly 7% year-over-year decline in single-family housing starts, which is expected to directly impact SiteOne's construction-related business, as residential construction accounts for about 20% of its revenue while repair and upgrade activities contribute another quarter.
- Cost Inflation Pressure: Prices for key commodities such as fertilizer, PVC, and diesel have surged by 55% to over 75% year-over-year, and while SiteOne has responded with price increases and fuel surcharges, the uncertainty regarding demand sensitivity to higher prices in a weak residential environment suggests that margin expansion will stall in 2026.
- Internal Improvement Initiatives: SiteOne is executing a
See More
