Description

SiteOne Landscape Supply Adds $110 Million in Acquired Sales as Expansion Accelerates!

SiteOne Landscape Supply reported its financial results for the second quarter of 2026, reflecting a mix of modest growth amid challenging market conditions. Net sales increased by 5% to approximately $1.53 billion, driven primarily by price inflation contributing 3%, along with 1% organic daily sales growth and 3% from acquisitions. However, a 2% decline in sales volume was noted, largely attributable to softness in key end markets such as new residential construction and repair and upgrade activities, with the former down by a high single-digit percentage and the latter down mid-single digits for the year. Maintenance end market demand showed modest growth but was affected in the short term by recent price increases, which caused some customers to adjust within fixed budgets. Gross profit rose by 6% to about $565 million, and gross margin improved by 50 basis points to 36.