Siteone Landscape Supply

Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top line but beat on profitability. Revenue of $1,530.7M fell short of the $1,541.0M consensus (-0.67%) due to softer end-market demand in residential construction, though acquisitions contributed 3% to growth. Gross margin of 36.9% slightly trailed the 36.91% expectation. However, Diluted EPS of $3.14 outperformed the mean estimate of $3.30 (normalized) and GAAP expectations when adjusting for a lower-than-expected share count and effective tax rate management, while Q2 Net Income attributable to SiteOne of $139.3M was significantly higher than the implied quarterly portion of full-year GAAP targets.