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Home » Distribution Industry News » SiteOne Sales Up 18% in Third Quarter 2022

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  • Published on: November 2, 2022

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  • Distribution Strategy Group Distribution Strategy Group

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Distribution Industry News

SiteOne Sales Up 18% in Third Quarter 2022

SiteOne Landscape Supply, Inc. (NYSE: SITE), Roswell, GA, wholesale distributor of landscape supplies, reported sales for its fiscal 2022 third quarter were $1.1 billion, up 18% from the prior-year period. 

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Net income for the quarter was $73.3 million, down 8% from the prior-year period.  

Organic daily sales growth was 12%, driven by “resilient pricing and improving volume trends supported by commercial and operational initiatives.” 

Six new companies were added to SiteOne in the third quarter. 

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