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SiteOne Landscape Supply, Inc. - SITE STOCK NEWS

Welcome to our dedicated page for SiteOne Landscape Supply news (Ticker: SITE), a resource for investors and traders seeking the latest updates and insights on SiteOne Landscape Supply stock.

SiteOne Landscape Supply, Inc. (SITE) stands as the premier national wholesale distributor of landscaping products in the United States and Canada. Formerly operating under the name John Deere Landscapes, SiteOne has cemented its reputation as a pivotal resource for residential and commercial landscape professionals. Our clients range from those focusing on the design and installation of outdoor spaces to experts in lawn maintenance, garden care, golf course upkeep, and a variety of other landscaping applications.

Our expansive network encompasses over 460 branches spread across 44 states and five Canadian provinces. We take pride in offering a comprehensive selection of more than 90,000 products. These include irrigation supplies, fertilizers and control products, nursery goods, hardscapes, landscape lighting, drainage and erosion control products, tools, and a wide array of other landscaping accessories and supplies.

SiteOne is committed to providing unparalleled service through our world-class team of over 2,700 industry experts. We offer industry-leading complementary services and business assistance aimed at helping our customers grow and manage their businesses effectively. Our product portfolio is tailored to meet the specific needs of each customer, ensuring that they have access to the best resources available.

Recent achievements and ongoing projects reflect our dedication to innovation and customer satisfaction. We continue to expand our range of products and services to meet the evolving demands of the landscaping industry. Our financial stability and strategic partnerships further solidify our position as a leader in the market.

SiteOne Landscape Supply is not just a supplier; we are a partner in growth, providing solutions that empower our customers to achieve success in their landscaping projects. Stay informed about our latest developments and updates to see how we continue to shape the future of the landscaping industry.

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SiteOne Landscape Supply (NYSE: SITE) has announced the acquisition of Timberwall Landscape & Masonry Products, enhancing its presence in the Twin Cities market. Timberwall, located in Victoria, Minnesota, specializes in hardscape products and landscaping supplies for professionals and homeowners. This acquisition is part of SiteOne's strategy to expand its geographic coverage and service offerings, following its previous acquisition of Hedberg Supply. Both companies aim to provide superior value and service to customers in the green industry.

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SiteOne Landscape Supply, Inc. (NYSE: SITE) is set to release its first quarter 2021 results on May 5, 2021, before market opening. A conference call will occur at 8:00 a.m. (ET) to discuss these results. Investors can access the live webcast via the Investor Relations section of the Company’s website. A telephonic replay of the call will be available shortly after, lasting until May 19, 2021.

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SiteOne Landscape Supply (NYSE: SITE) announced the acquisition of Arizona Stone & Architectural Products and Solstice Stone, effective April 1, 2021. This acquisition adds nine locations across Arizona and Las Vegas, enhancing SiteOne's distribution of hardscapes and landscape supplies. Doug Black, CEO, emphasized the synergy between AZ Stone and Solstice's offerings and SiteOne's existing products. Bill Burke, founder of AZ Stone and Solstice, expressed enthusiasm for joining a national organization, highlighting the opportunities for employees. This is SiteOne's second acquisition in 2021.

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SiteOne Landscape Supply reported strong financial results for Q4 and FY 2020, with net sales of $675.1 million for Q4, a 26% increase year-over-year, and $2.70 billion for the full year, up 15%. Organic Daily Sales grew 12% in Q4 and 8% for the year. Adjusted EBITDA surged 98% to $43.9 million in Q4, with a margin improvement to 6.5%. Net income rose to $11.5 million from $2.5 million in Q4, aided by higher sales and improved margins. The company anticipates mid-single digit Organic Daily Sales growth for 2021 and expects Adjusted EBITDA between $275 million and $292 million.

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SiteOne Landscape Supply, Inc. (NYSE: SITE) has announced its acquisition of Lucky Landscape Supply, LLC, effective February 17, 2021. Located in Katy, TX, Lucky Landscape enhances SiteOne's presence in the Greater Houston area, marking the company’s fourth dedicated nursery branch in this market. Doug Black, Chairman and CEO, emphasized the strategic nature of this acquisition, which aims to enhance product and service offerings. The owners of Lucky Landscape expressed satisfaction with the partnership due to shared core values and culture.

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SiteOne Landscape Supply, Inc. (NYSE: SITE) will release its fourth quarter and full year 2020 results on February 24, 2021, before market opening. A conference call is scheduled for 8:00 a.m. (ET) to discuss the results, available via webcast on the Investor Relations section of the Company's website. Interested parties can also access the call by phone. SiteOne is the leading national wholesale distributor of landscape supplies in the U.S., focusing on residential and commercial landscape professionals.

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SiteOne® Landscape Supply (NYSE: SITE) announced the acquisition of Stone Center of Virginia, comprising two locations serving Richmond and Fredericksburg, effective December 31, 2020. This addition strengthens SiteOne's product offerings in hardscapes and landscape supplies.

CEO Doug Black expressed excitement over the acquisition, highlighting the quality and reputation of Stone Center. This marks SiteOne's 11th acquisition in 2020, aiming to enhance its market presence and expand services across various regions.

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SiteOne Landscape Supply (NYSE: SITE) has announced the acquisition of Dirt and Rock, LLC, effective December 30, 2020. Dirt and Rock operates in the Lake Oconee, GA market, focusing on hardscapes, natural stone, and landscape supplies distribution to professionals. This acquisition marks SiteOne's tenth in 2020, enhancing its product and service offerings in Georgia. Doug Black, Chairman and CEO, emphasized the skilled team at Dirt and Rock and its alignment with SiteOne's growth strategy, expanding the company's national footprint in the wholesale landscape supply sector.

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SiteOne Landscape Supply (NYSE: SITE) has announced the acquisition of Alpine Materials, enhancing its distribution capabilities in the Dallas, Texas market. Alpine Materials specializes in mulches, soils, and hardscape materials for landscape professionals. This acquisition marks SiteOne's ninth in 2020, furthering its goal to become the leading full product line distributor in the Green Industry. CEO Doug Black emphasized Alpine's strong team and commitment to quality and service, adding to SiteOne's extensive product offerings.

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SiteOne Landscape Supply, Inc. (NYSE: SITE), the largest national wholesale distributor of landscape supplies in the U.S., announced participation in Baird’s 2020 Global Industrial Conference. CEO Doug Black and CFO John Guthrie will present virtually on November 10, 2020, at 12:15 p.m. ET. The company serves residential and commercial landscape professionals in the design and maintenance of outdoor spaces. SiteOne also has a growing presence in Canada, expanding its customer base.

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FAQ

What is the current stock price of SiteOne Landscape Supply (SITE)?

The current stock price of SiteOne Landscape Supply (SITE) is $135.63 as of December 20, 2024.

What is the market cap of SiteOne Landscape Supply (SITE)?

The market cap of SiteOne Landscape Supply (SITE) is approximately 6.0B.

What is SiteOne Landscape Supply, Inc.?

SiteOne Landscape Supply, Inc. is the largest national wholesale distributor of landscaping products in the US and Canada, offering over 90,000 products.

What products does SiteOne Landscape Supply offer?

They offer irrigation supplies, fertilizers, herbicides, nursery goods, hardscapes, landscape lighting, drainage and erosion control products, tools, and more.

How many branches does SiteOne Landscape Supply have?

SiteOne operates over 460 branches across 44 states and five Canadian provinces.

Who are the primary clients of SiteOne Landscape Supply?

Their clients include residential and commercial landscape professionals specializing in lawn, garden, and golf course maintenance, among others.

What services does SiteOne Landscape Supply provide?

In addition to their product offerings, SiteOne provides industry-leading complementary services and business assistance tailored to customer needs.

How many industry experts does SiteOne Landscape Supply employ?

SiteOne has a team of over 2,700 industry experts dedicated to supporting their customers.

What recent achievements has SiteOne Landscape Supply accomplished?

SiteOne continues to expand its product range and services, reflecting its commitment to innovation and customer satisfaction.

What was SiteOne Landscape Supply formerly known as?

Prior to being known as SiteOne Landscape Supply, Inc., the company operated under the name John Deere Landscapes.

What is the significance of SiteOne Landscape Supply in the industry?

SiteOne is a leader in the landscaping supply industry, known for its extensive product range, expert team, and supportive services.

How can I stay updated with SiteOne Landscape Supply's latest news?

You can stay informed about SiteOne's latest developments and updates by following their news releases and announcements.

SiteOne Landscape Supply, Inc.

NYSE:SITE

SITE Rankings

SITE Stock Data

6.02B
44.43M
1.54%
106%
4.25%
Industrial Distribution
Wholesale-professional & Commercial Equipment & Supplies
Link
United States of America
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