SiteOne Q3 sales rise 3% to $1.29 billion, profit up 8%; buyback raised $500 million
SiteOne reported third-quarter 2026 net sales up 3% to $1,291.1 million and net income attributable to SiteOne up 8% to $63.9 million, while Organic Daily Sales fell 1%. After quarter end, the board approved a $500 million increase to the share repurchase program, bringing total authorization to about $538.3 million, and the company guided full-year 2026 Adjusted EBITDA to $425 million to $440 million.
Key points
- Net sales rose 3% to $1,291.1 million; Organic Daily Sales decreased 1%
- Diluted earnings per share were $1.46, compared with $1.31 a year earlier
- Board approved a $500.0 million increase to the share repurchase program, with no expiration date
- Full-year 2026 Adjusted EBITDA guidance is $425 million to $440 million, with a $6 million to $8 million Q4 charge for workforce reduction and branch consolidation
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.