SITE Q2 2025 Earnings
Reported Jul 30, 2025 at 6:04 AM ET · SEC Source
Q2 25 EPS
$2.86
MISS 2.45%
Est. $2.93
Q2 25 Revenue
$1.46B
MISS 0.44%
Est. $1.47B
vs S&P Since Q2 25
-29.8%
TRAILING MARKET
SITE -14.9% vs S&P +14.9%
Market Reaction
Did SITE Beat Earnings? Q2 2025 Results
SiteOne Landscape Supply delivered a modest miss on both the top and bottom lines in Q2 2025, with diluted EPS of $2.86 falling short of the $2.93 consensus by 2.45% and revenue of $1.46 billion coming in 0.44% below estimates, even as sales grew 3.4… Read more SiteOne Landscape Supply delivered a modest miss on both the top and bottom lines in Q2 2025, with diluted EPS of $2.86 falling short of the $2.93 consensus by 2.45% and revenue of $1.46 billion coming in 0.44% below estimates, even as sales grew 3.4% year over year. The shortfall was largely a story of uneven end-market demand: acquisition contributions of $40.9 million drove all of the top-line growth, while organic daily sales were flat as weakness in new residential construction and repair and upgrade activity offset solid gains in the maintenance segment. On the bright side, disciplined execution shone through in the margin picture, with gross margin expanding 30 basis points to 36.4% and Adjusted EBITDA climbing 8% to $226.7 million, pushing Adjusted EBITDA margin to 15.5%. A standout from the quarter was a 130% surge in digital revenue through SiteOne.com in the first half of the year, underscoring the company's evolving go-to-market strategy. Management reiterated full-year 2025 Adjusted EBITDA guidance of $400 million to $430 million, citing supportive July trends despite expectations for continued softness in rate-sensitive end markets through year-end.
Key Takeaways
- • Acquisitions contributed $40.9 million or 3% to net sales growth
- • Gross margin expanded 30 basis points to 36.4% driven by improved price realization and initiative benefits
- • SG&A as a percentage of net sales decreased 40 basis points to 23.9% through efficiency actions
- • Solid growth in maintenance end market (35% of sales)
- • Organic Daily Sales were flat as maintenance growth offset softer new residential construction and repair/upgrade demand
SITE YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
“We are pleased to report continued solid results in the second quarter with 3% Net sales growth and 8% growth in Adjusted EBITDA, despite softer end markets. We are executing our initiatives well, achieving excellent SG&A leverage, good gross margin improvement, and continuing to gain market share.”
— Doug Black, Q2 2025 Earnings Press Release
SITE Earnings Trends
SITE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SITE EPS Trend
Earnings per share: estimate vs actual
SITE Revenue Trend
Quarterly revenue: estimate vs actual
SITE Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.30 | $-0.60 | -99.14% | $940.1M | -4.29% |
| Q4 25 MISS FY | $-0.18 | $-0.20 | -9.17% | $1.05B | -0.74% |
| FY Full Year | — | $3.37 | — | $4.70B | — |
| Q3 25 BEAT | $1.29 | $1.31 | +1.76% | $1.26B | +0.07% |
| Q2 25 MISS | $2.93 | $2.86 | -2.45% | $1.46B | -0.44% |