SITE Latest Report

Performance of the Quarterly Report

On December 29, 2024, SiteOne Landscape (stock code: SITE) had a total operating revenue of $1.013 billion. Although it is not possible to directly compare with the previous data, the changes in gross profit, net profit and other indicators can be inferred.

Key Data in the Financial Report

1. The gross profit was $338 million, with a gross margin of 33.33%. The change in gross profit is usually closely related to the change in total operating revenue, and the growth in gross profit indicates that total operating revenue may also be growing.

2. The net profit was -$21.5 million, showing a loss for the company during the period, despite the high total operating revenue, due to the increase in costs or expenses.

3. Operating expenses reached $365 million, with high marketing, sales, and general and administrative expenses that may put pressure on the growth of total operating revenue.

4. The net cash provided by operating activities was $283 million, indicating that the company generated positive cash flow in its operations, reflecting the stability of total operating revenue.

Peer Comparison

1. Industry-wide analysis: In the current landscape and gardening industry, with the growth of residential construction and commercial development, total operating revenue generally shows an upward trend. Companies in the industry usually benefit from the recovery of the construction and real estate markets.

2. Peer evaluation analysis: Compared with similar companies in the industry, SiteOne's total operating revenue shows a certain competitiveness, despite the high operating costs and pressure. If other peer companies also show revenue growth during the same period, it indicates that the industry as a whole is doing well; otherwise, it may indicate SiteOne's disadvantage in the competition.

Summary

In summary, although SiteOne Landscape performed well in total operating revenue, reaching $1.013 billion, the company's net profit was negative, showing high cost and expense pressure. Meanwhile, the industry as a whole is on an upward trend, providing support for the company's future growth.

Opportunities

1. With the recovery of the construction and real estate market, SiteOne can take the opportunity to expand its market share.

2. The application of new technologies in the industry (such as AI and big data) can improve operational efficiency and help reduce costs.

3. The global landscape equipment market is expected to continue growing, providing a good opportunity for the company to expand its business.

Risks

1. The negative net profit may affect investor confidence and, in turn, affect stock price performance.

2. High operating expenses and intensified competition may put continuous pressure on the company's profitability.

3. A decrease in consumer spending on outdoor activities may lead to slower sales growth.