SITE has been in the news 409% more than usual
Jul 31, 2024, 12:32 PM
-2.05%
What does SITE do
SiteOne Landscape Supply, Inc., based in Roswell, Georgia and employing 7,000 people, distributes landscaping supplies and offers consultative services, having gone public in 2016. It serves various landscape professionals and operates two distributive locations in Maryland.
SITE has been in the news recently: SITE Centers Corp. reported a net income of $235.5 million for the second quarter, along with significant transactions nearing $1 billion and advancements on the Curbline Properties spin-off. In the same period, SiteOne Landscape Supply achieved $1.41 billion in net sales, reflecting a 4% increase despite a 3% decline in Organic Daily Sales due to market softness.
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