Site one landscape supply may 2018 pdf9/20/2023 ![]() (the “Company” or “SiteOne”) (NYSE:SITE) announced earnings for its fourth quarter and full fiscal year ended Decem(“Fiscal 2019”). with approximately $35 million in combined TTM net salesĪnnounced the appointment of Shannon Versaggi as Chief Marketing Officer effective February 17, 2020 Net cash provided by operating activities improved 67% to $130.8 millionĬompleted 10 acquisitions during the year with approximately $100 million in trailing twelve months (“TTM”) net salesĬompleted the acquisitions of Wittkopf Landscape Supplies, Empire Supplies, and The Garden Dept. Net income for the year increased 5% to $77.7 millionĪdjusted EBITDA increased 14% to $201.1 million Adjusted EBITDA margin increased 20 basis points to 8.5% Gross profit increased 14% to $773.2 million gross margin increased 70 basis points to 32.8% Net sales increased by 12% to $2.36 billion Net cash provided by operating activities improved 82% to $66.4 millionĬompleted three acquisitions: Design Outdoor, Dirt Doctors, and Daniel Stoneįull Year 2019 Highlights (Compared to Full Year 2018): Net income of $2.5 million compared to net loss of $2.1 millionĪdjusted EBITDA increased 23% to $22.2 million Adjusted EBITDA margin increased 30 basis points to 4.1% Gross profit increased 14% to $170.0 million gross margin increased 50 basis points to 31.8% Net sales increased by 13% to $535.0 million SiteOne Landscape Supply Announces Fourth Quarter and Full Year 2019 Earningsįourth Quarter 2019 Highlights (Compared to Fourth Quarter 2018):
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