SiteOne Landscape Supply Executive Scott Salmon to Retire in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 31 2026
0mins
Should l Buy SITE?
SiteOne Landscape Supply announced that Scott Salmon will retire from his role as Executive Vice President of Strategy and Development on March 31, 2026. In connection with Mr. Salmon's retirement, the Company has also announced that Daniel Laughlin, currently Senior Vice President of Strategy and Development, will succeed Mr. Salmon and join the Company's Executive Leadership Team, also effective March 31, 2026. Following the transition, Mr. Salmon will remain with the Company in a limited capacity for a duration of time.
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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: 137.720
Low
134.00
Averages
141.50
High
151.00
Current: 137.720
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 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 Completes Acquisition of Reinders to Expand Market Presence
- Acquisition Completed: SiteOne has finalized its acquisition of Reinders, a fifth-generation family-owned distributor with over 150 years of industry experience and 12 locations across states like Wisconsin and Michigan, significantly enhancing SiteOne's competitive edge in the Midwest market.
- Market Expansion: This acquisition enables SiteOne to offer a more comprehensive range of landscape supply products to its customers, enhancing its market presence and providing new avenues for growth in the rapidly expanding Midwest market, aligning with the company's strategic development goals.
- Brand Legacy Continuation: Ann Reinders, Vice President of Operations, stated that while the Reinders family has led the company for five generations, partnering with SiteOne will further elevate service quality and product standards, ensuring the brand's continued influence in the industry.
- Team Integration: Craig Reinders, CEO of Reinders, will continue to lead the family’s Toro distribution business, emphasizing the alignment of core values between SiteOne and Reinders, which lays a strong foundation for superior customer service in the future.
See More
SiteOne Stock Shows Oversold Signal
- Oversold Indicator: SiteOne Landscape Supply Inc (Ticker: SITE) hit an RSI of 29.7 during Monday's trading, indicating an oversold condition that suggests recent heavy selling may be exhausting, prompting investors to consider buying opportunities.
- Price Fluctuation: SITE shares reached a low of $126.86, with the current trading price at $128.21, showing a significant recovery from the 52-week low of $101.25, yet still far from the 52-week high of $168.56, reflecting market uncertainty.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 36.7, SITE's oversold status may attract bullish investors, particularly in a context where the overall market is performing relatively strong.
- Investor Sentiment: Although current market sentiment leans cautious, SITE's oversold signal could lead investors to reassess their strategies, seeking potential rebound opportunities in future trades.
See More
59 North Capital Management Sells Shares of SiteOne Landscape Supply
- Share Reduction Transaction: On February 17, 2026, 59 North Capital Management disclosed the sale of 208,619 shares of SiteOne Landscape Supply, with an estimated transaction value of $26.41 million, reflecting a risk management strategy in response to market volatility.
- Asset Allocation Change: Following this sale, SiteOne now represents 5.65% of 59 North's assets, with its top five holdings including AER, DTM, NWSA, KMI, and LPX, indicating a focus on diversified investments.
- Strong Financial Performance: SiteOne reported a 4% increase in net sales to $4.7 billion for the fiscal year 2025, with net income rising 23% to $151.8 million, demonstrating its sustained competitiveness and profitability in the landscape supply market.
- Future Growth Expectations: Management anticipates low single-digit organic growth in 2026 and further margin expansion, suggesting that while SiteOne is not a hyper-growth story, its stable cash flow, share repurchases, and pricing power provide confidence for long-term investors.
See More
SiteOne Landscape Supply Reports Solid Q4 2025 Earnings Growth
- Sales Growth: SiteOne achieved a 3% net sales increase in Q4 2025, reaching $1.05 billion, with a 4% growth for the full year, demonstrating resilience and stability in market share despite weak demand.
- Adjusted EBITDA Increase: The adjusted EBITDA rose 18% to $37.6 million in Q4, reflecting successful cost control and operational efficiency, which is expected to support future profitability.
- Acquisition Strategy: The company completed eight acquisitions in 2025, contributing approximately $55 million in annual sales, showcasing its proactive approach to expanding market share and product lines, thereby enhancing competitive positioning.
- Future Outlook: Management expects adjusted EBITDA for 2026 to range between $425 million and $455 million; while new residential construction is anticipated to decline, growth in maintenance demand is expected to offset this impact, indicating confidence in future market conditions.
See More
SiteOne (SITE) Q4 2025 Earnings Call Transcript
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 Completes Acquisition of Reinders to Expand Market Presence
- Acquisition Completed: SiteOne has finalized its acquisition of Reinders, a fifth-generation family-owned distributor with over 150 years of industry experience and 12 locations across states like Wisconsin and Michigan, significantly enhancing SiteOne's competitive edge in the Midwest market.
- Market Expansion: This acquisition enables SiteOne to offer a more comprehensive range of landscape supply products to its customers, enhancing its market presence and providing new avenues for growth in the rapidly expanding Midwest market, aligning with the company's strategic development goals.
- Brand Legacy Continuation: Ann Reinders, Vice President of Operations, stated that while the Reinders family has led the company for five generations, partnering with SiteOne will further elevate service quality and product standards, ensuring the brand's continued influence in the industry.
- Team Integration: Craig Reinders, CEO of Reinders, will continue to lead the family’s Toro distribution business, emphasizing the alignment of core values between SiteOne and Reinders, which lays a strong foundation for superior customer service in the future.
See More
SiteOne Stock Shows Oversold Signal
- Oversold Indicator: SiteOne Landscape Supply Inc (Ticker: SITE) hit an RSI of 29.7 during Monday's trading, indicating an oversold condition that suggests recent heavy selling may be exhausting, prompting investors to consider buying opportunities.
- Price Fluctuation: SITE shares reached a low of $126.86, with the current trading price at $128.21, showing a significant recovery from the 52-week low of $101.25, yet still far from the 52-week high of $168.56, reflecting market uncertainty.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 36.7, SITE's oversold status may attract bullish investors, particularly in a context where the overall market is performing relatively strong.
- Investor Sentiment: Although current market sentiment leans cautious, SITE's oversold signal could lead investors to reassess their strategies, seeking potential rebound opportunities in future trades.
See More
59 North Capital Management Sells Shares of SiteOne Landscape Supply
- Share Reduction Transaction: On February 17, 2026, 59 North Capital Management disclosed the sale of 208,619 shares of SiteOne Landscape Supply, with an estimated transaction value of $26.41 million, reflecting a risk management strategy in response to market volatility.
- Asset Allocation Change: Following this sale, SiteOne now represents 5.65% of 59 North's assets, with its top five holdings including AER, DTM, NWSA, KMI, and LPX, indicating a focus on diversified investments.
- Strong Financial Performance: SiteOne reported a 4% increase in net sales to $4.7 billion for the fiscal year 2025, with net income rising 23% to $151.8 million, demonstrating its sustained competitiveness and profitability in the landscape supply market.
- Future Growth Expectations: Management anticipates low single-digit organic growth in 2026 and further margin expansion, suggesting that while SiteOne is not a hyper-growth story, its stable cash flow, share repurchases, and pricing power provide confidence for long-term investors.
See More
SiteOne Landscape Supply Reports Solid Q4 2025 Earnings Growth
- Sales Growth: SiteOne achieved a 3% net sales increase in Q4 2025, reaching $1.05 billion, with a 4% growth for the full year, demonstrating resilience and stability in market share despite weak demand.
- Adjusted EBITDA Increase: The adjusted EBITDA rose 18% to $37.6 million in Q4, reflecting successful cost control and operational efficiency, which is expected to support future profitability.
- Acquisition Strategy: The company completed eight acquisitions in 2025, contributing approximately $55 million in annual sales, showcasing its proactive approach to expanding market share and product lines, thereby enhancing competitive positioning.
- Future Outlook: Management expects adjusted EBITDA for 2026 to range between $425 million and $455 million; while new residential construction is anticipated to decline, growth in maintenance demand is expected to offset this impact, indicating confidence in future market conditions.
See More
SiteOne (SITE) Q4 2025 Earnings Call Transcript
See More
