SiteOne Landscape Supply Analysts Cut Their Forecasts After Downbeat Q2 Results

Benzinga Earnings

07/30

SiteOne Landscape Supply Inc (NYSE:SITE) on Wednesday reported worse-than-expected second-quarter financial results.

SiteOne Landscape Supply reported quarterly earnings of $3.14 per share which missed the analyst consensus estimate of $3.33 per share. The company reported quarterly sales of $1.531 billion which missed the analyst consensus estimate of $1.541 billion.

“We delivered a solid second quarter performance with 5% growth in Net sales and Adjusted EBITDA despite softer end markets,” said Doug Black, Chairman and CEO of SiteOne. “Our teams executed well throughout the quarter, managing through the market challenges, delivering value to our customers and suppliers, achieving operational improvements, and managing our spending to the reduced demand.”

SiteOne Landscape shares fell 1.1% to $92.80 in pre-market trading.

These analysts made changes to their price targets on SiteOne Landscape following earnings announcement.

Stifel analyst W. Andrew Carter downgraded the stock from Buy to Hold and lowered the price target from $153 to $100.
Barclays analyst Matthew Bouley maintained the stock with an Equal-Weight rating and cut the price target from $129 to $108.

Considering buying SITE stock? Here’s what analysts think:

Photo via Shutterstock

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The company reported quarterly sales of $1.531 billion which missed the analyst consensus estimate of $1.541 billion.</p>\n<p>“We delivered a solid second quarter performance with 5% growth in Net sales and Adjusted EBITDA despite softer end markets,” said Doug Black, Chairman and CEO of SiteOne. “Our teams executed well throughout the quarter, managing through the market challenges, delivering value to our customers and suppliers, achieving operational improvements, and managing our spending to the reduced demand.”</p>\n<p>SiteOne Landscape shares fell 1.1% to $92.80 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on SiteOne Landscape following earnings announcement.</p>\n<ul>\n<li><a href=\"https://laohu8.com/S/SFB\">Stifel</a> analyst W. Andrew Carter downgraded the stock from Buy to Hold and lowered the price target from $153 to $100.</li>\n<li>Barclays analyst Matthew Bouley maintained the stock with an Equal-Weight rating and cut the price target from $129 to $108.</li>\n</ul>\n<p><strong>Considering buying SITE stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"298\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-1024x298.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-1024x298.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-300x87.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-768x224.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893.png 1140w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SiteOne Landscape Supply Analysts Cut Their Forecasts After Downbeat Q2 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSiteOne Landscape Supply Analysts Cut Their Forecasts After Downbeat Q2 Results\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2026-07-30 19:43</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<html><body><p><strong><a href=\"https://laohu8.com/S/SITE\">SiteOne Landscape Supply</a> Inc</strong> (NYSE:SITE) on Wednesday reported worse-than-expected second-quarter financial results.</p>\n<p>SiteOne Landscape Supply reported quarterly earnings of $3.14 per share which missed the analyst consensus estimate of $3.33 per share. The company reported quarterly sales of $1.531 billion which missed the analyst consensus estimate of $1.541 billion.</p>\n<p>“We delivered a solid second quarter performance with 5% growth in Net sales and Adjusted EBITDA despite softer end markets,” said Doug Black, Chairman and CEO of SiteOne. “Our teams executed well throughout the quarter, managing through the market challenges, delivering value to our customers and suppliers, achieving operational improvements, and managing our spending to the reduced demand.”</p>\n<p>SiteOne Landscape shares fell 1.1% to $92.80 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on SiteOne Landscape following earnings announcement.</p>\n<ul>\n<li><a href=\"https://laohu8.com/S/SFB\">Stifel</a> analyst W. Andrew Carter downgraded the stock from Buy to Hold and lowered the price target from $153 to $100.</li>\n<li>Barclays analyst Matthew Bouley maintained the stock with an Equal-Weight rating and cut the price target from $129 to $108.</li>\n</ul>\n<p><strong>Considering buying SITE stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"298\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-1024x298.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-1024x298.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-300x87.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893-768x224.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/30074222/image-893.png 1140w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1815336091.USD","symbol_name":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/07/60794591/siteone-landscape-supply-analysts-cut-their-forecasts-after-downbeat-q2-results","article_id":"2655874384","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655874384","pubTimestamp":1785411835,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga Earnings","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"SiteOne Landscape (NYSE: SITE) reported Q2 earnings of $3.14/share, missing estimates. 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The company reported quarterly sales of $1.531 billion which missed the analyst consensus estimate of $1.541 billion.\n「We delivered a solid second quarter performance with 5% growth in Net sales and Adjusted EBITDA despite softer end markets,」 said Doug Black, Chairman and CEO of SiteOne. 「Our teams executed well throughout the quarter, managing through the market challenges, delivering value to our customers and suppliers, achieving operational improvements, and managing our spending to the reduced demand.」\nSiteOne Landscape shares fell 1.1% to $92.80 in pre-market trading.\nThese analysts made changes to their price targets on SiteOne Landscape following earnings announcement.\n\nStifel analyst W. Andrew Carter downgraded the stock from Buy to Hold and lowered the price target from $153 to $100.\nBarclays analyst Matthew Bouley maintained the stock with an Equal-Weight rating and cut the price target from $129 to $108.\n\nConsidering buying SITE stock? Here’s what analysts think:\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}