SiteOne announces Q3 2026 earnings and a $500 million buyback increase
FROM THE WIRE · FINANCE.YAHOO.COM
Third Quarter 2026 Highlights (Compared to Third Quarter 2025): Net sales increased 3% to $1,291.1 million Organic Daily Sales decreased 1% Gross profit increased 5% to $458.5 million; gross margin expanded 80 basis points to 35.5% SG&A as a percentage of Net sales increased 20…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishHigher earnings and more buyback room are a supportive factor.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net sales rose 3% to $1,291.1 million.
- 02Net income attributable to SiteOne rose 8% to $63.9 million.
- 03Adjusted EBITDA margin improved 60 basis points to 10.7%.
- 04The board authorized a $500 million increase to the buyback program.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets