Abstract

SiteOne Landscape Supply will report results on July 29, 2026 Pre-MKt; this preview compiles last quarter actuals, consensus for the current quarter, and institutional views on revenue growth, margin trajectory, profit drivers, and risks from January 1, 2026 to July 22, 2026.

Market Forecast

Consensus indicates SiteOne Landscape Supply is projected to deliver revenue of 1.54 billion US dollars for the current quarter, up 4.89% year over year, with estimated EPS at 3.34 and EBIT at 211.07 million US dollars; the implied YoY growth is 15.47% for EPS and 13.78% for EBIT. Management and market conversations point to a modest improvement in profitability this quarter compared with last year, though specific gross margin and net margin forecasts have not been formally guided in the latest dataset. The company’s core distribution of landscape supplies is expected to benefit from steady contractor demand and pricing discipline, while agronomic and other products should provide incremental growth; among segments, landscape products remain the largest revenue contributor with 0.68 billion US dollars last quarter, and agronomic and other products reported 0.26 billion US dollars.

Last Quarter Review

In the previous quarter, SiteOne Landscape Supply reported revenue of 0.94 billion US dollars, a gross profit margin of 33.91%, a GAAP net loss attributable to shareholders of 26.60 million US dollars with a net profit margin of -2.83%, and adjusted EPS of -0.594; revenue grew 0.08% year over year while adjusted EPS improved 2.62% year over year. A notable development was the sequential swing in profitability, with quarter-on-quarter net profit change reported at -195.56% (tool convention as a growth ratio) reflecting seasonality and cost normalization in a typically soft quarter. By business line last quarter, landscape products generated 0.68 billion US dollars and agronomic and other products delivered 0.26 billion US dollars; management highlighted stable demand in the core landscape channel with resilient activity among professional contractors.

Current Quarter Outlook

Core Landscape Distribution

The current quarter is modeled at 1.54 billion US dollars in revenue, which, if achieved, would mark a 4.89% year-over-year increase. Given the mix, the majority of seasonal revenue is expected to come from landscape products, where volume uplift during peak installation months typically aligns with price realization and favorable product mix. If operating cost discipline holds, EBIT of 211.07 million US dollars implies operating leverage from higher volumes, especially as branch productivity normalizes after a slow start to the year. Gross profit margin last quarter stood at 33.91%, and although a quarter-to-quarter translation from a seasonally weak to a peak quarter is not linear, the implied EPS growth of 15.47% suggests some improvement in gross margin dollars and overhead absorption. The company’s nationwide branch network and contractor relationships remain essential to capturing seasonal demand; fulfillment speed and product availability will likely be key swing factors for revenue capture inside the quarter.

Agronomic and Other Products

Agronomic and other products comprised approximately 27.72% of revenue last quarter at 0.26 billion US dollars and tend to be sensitive to weather patterns and regional application windows. In a typical peak quarter, fertilizer, control products, and seed can provide incremental growth if weather cooperates and project backlogs are executed on schedule. The year-over-year revenue forecast for the total company at 4.89% implies steady mid-single-digit growth in this category as well, with demand from turf care and maintenance supporting volume. Margin contribution will depend on input cost pass-through and product mix, particularly higher-value control products that can enhance gross profit per unit. If suppliers maintain stable pricing and supply-chain costs remain contained, this segment could modestly accretive to consolidated margin for the quarter.

Stock Price Drivers This Quarter

Earnings sensitivity is concentrated in gross margin trajectory and expense leverage: with EPS estimated to rise 15.47% year over year, investors will scrutinize whether price/mix gains and sourcing efficiencies support margin dollars beyond the seasonal lift. Weather variability across key regions could shift the revenue outcome around the 1.54 billion US dollars estimate, amplifying either upside from accelerated project activity or downside if rainfall or heat limits installations and applications. Operating expense control is the third lever; confirmation of disciplined SG&A growth relative to sales would be supportive for EBIT conversion toward the 211.07 million US dollars estimate. Any commentary on demand cadence exiting the quarter and early signals for the next quarter’s backlog will likely influence post-print performance given the seasonal profile of the business.

Analyst Opinions

The prevailing tone among institutional previews is cautiously constructive, with a majority emphasizing improving profitability into the seasonal peak and manageable demand conditions, versus a minority flagging weather and macro sensitivity; we classify the balance as leaning bullish. Coverage pointing to the 1.54 billion US dollars revenue and 3.34 EPS forecasts generally highlights stable contractor backlogs and price discipline as reasons for expecting mid-single-digit sales growth with double-digit EPS growth. Commentary also notes that inventory positioning appears adequate heading into the busy season, which should help service levels and limit lost sales, while operating cost discipline supports EBIT expansion toward 211.07 million US dollars. Quotes from widely followed analysts underline that the key debate is the durability of gross margin improvement into the back half; the constructive camp expects seasonal mix and procurement efficiency to sustain gains, provided weather stays within historical variability. A minority of cautious takes centers on the risk that unusual weather or a slowdown in discretionary residential projects could temper the upside, but these views currently remain in the minority relative to the consensus path embedded in the revenue and EPS projections.