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Category: 4Q earnings

Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22

Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22

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SiteOne 4Q Sales Up 19%

SiteOne 4Q Sales Up 19%

SiteOne Landscape Supply Inc. (NYSE: SITE) of Roswell, Georgia reported 2021 fourth-quarter net sales of more than $805 million, a 19% increase over the same period in 2020. Site One’s organic daily sales for 4Q increased by 21%, while gross profit increased 27% to $282.4 million. Fourth-quarter net income increased to $27.5 million from $11.5 […]