Core Insights - Investors in the Industrial Services sector should consider Hudson Technologies (HDSN) and SiteOne Landscape (SITE) as potential value opportunities [1] Valuation Metrics - Both HDSN and SITE have a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3] - HDSN has a forward P/E ratio of 20.24, while SITE has a higher forward P/E of 40.19 [5] - HDSN's PEG ratio is 0.67, suggesting better value relative to its expected EPS growth compared to SITE's PEG ratio of 2.39 [5] - HDSN's P/B ratio is 1.61, indicating a lower market value compared to its book value, while SITE's P/B ratio is 3.82 [6] - Based on these valuation metrics, HDSN earns a Value grade of A, whereas SITE receives a Value grade of C [6] Conclusion - HDSN is considered the superior value option compared to SITE based on the discussed valuation figures [7]

Core Insights - Hudson Technologies (HDSN) and SiteOne Landscape (SITE) are being compared for investment value opportunities [1] - HDSN has a stronger Zacks Rank of 1 (Strong Buy) compared to SITE's 3 (Hold), indicating better earnings estimate revision trends for HDSN [3] Valuation Metrics - HDSN has a forward P/E ratio of 20.19, while SITE has a significantly higher forward P/E of 42.85 [5] - HDSN's PEG ratio is 0.67, indicating better value relative to its expected earnings growth, whereas SITE's PEG ratio is 2.49 [5] - HDSN's P/B ratio stands at 1.67, compared to SITE's P/B of 3.77, suggesting HDSN is more undervalued based on market value versus book value [6] Investment Recommendation - Based on the valuation metrics, HDSN holds a Value grade of A, while SITE has a Value grade of C, making HDSN the more attractive option for value investors [6]

Financial Data and Key Metrics Changes - The company achieved 3% net sales growth and 8% growth in adjusted EBITDA for Q2 2025, despite broader economic uncertainty [5][12] - Adjusted EBITDA for the quarter increased to $226.7 million, with an adjusted EBITDA margin improvement of 60 basis points to 15.5% [16][30] - Gross profit increased by 4% to approximately $531 million, with gross margin improving by 30 basis points to 36.4% [15][27] Business Line Data and Key Metrics Changes - Organic daily sales were flat, with maintenance-related demand remaining steady, while new residential construction and repair markets were down [12][23] - Agronomic products saw a 7% increase in organic daily sales, while landscaping products decreased by 1% [14][25] - Acquisitions contributed approximately $41 million or 3% to net sales growth [27] Market Data and Key Metrics Changes - The new residential construction market, which represents 21% of sales, is expected to decline due to elevated interest rates and low consumer confidence [40][41] - The repair and upgrade market, accounting for 30% of sales, is also anticipated to remain soft [41] - The maintenance end market, representing 35% of sales, is expected to continue growing steadily [41] Company Strategy and Development Direction - The company aims to leverage its scale and resources to drive market share gains and improve operational efficiency [8][9] - The acquisition strategy is focused on filling product lines and expanding geographic reach, with a robust pipeline of potential deals [11][12] - The company is positioned to drive adjusted EBITDA margin improvement in 2025 and beyond through operational initiatives and acquisitions [11][43] Management's Comments on Operating Environment and Future Outlook - Management expects the end market demand for landscaping products to be slightly down year-over-year in 2025, but anticipates pricing improvements [39][41] - The company is optimistic about achieving low single-digit organic daily sales growth for the remainder of the year, supported by commercial initiatives [41][42] - Management highlighted the importance of maintaining financial strength and flexibility to execute growth strategies in various market conditions [34] Other Important Information - The company completed its 100th acquisition in March 2025, adding over $2 billion in acquired revenue since 2014 [11][35] - The effective tax rate for Q2 2025 was 25.4%, up from 24.9% in the prior year, primarily due to a decrease in excess tax benefits from stock-based compensation [29] Q&A Session Summary Question: Update on Pioneer integration and SG&A leverage - Pioneer is fully integrated, and the company is seeing synergies and SG&A reductions from this integration [45][46] Question: Share repurchase authorization and future plans - Approximately $250 million remains in available capacity under the existing share repurchase authorization, and the company may continue aggressive repurchases if acquisition opportunities are limited [50] Question: Outlook for adjusted EBITDA and risks - The company feels confident about being solidly within the adjusted EBITDA guidance range, with the primary risk being market demand deterioration [55][56] Question: Market share gains and commercial initiatives - The company is gaining market share through digital initiatives, improved sales force productivity, and competitive private label offerings [66][68] Question: Impact of labor scarcity on customers - Customers have managed to find labor despite challenges, and labor scarcity is not seen as a significant limiter on market demand [70][71] Question: Focus branch initiative and future improvements - The focus branch initiative is expected to continue improving, with a reasonable assumption of ongoing growth in performance [76] Question: Acquisition dynamics and market conditions - The current environment has led to fewer larger deals, but the company maintains a strong pipeline and expects to continue adding companies of various sizes [78][80]

Financial Data and Key Metrics Changes - The company achieved 3% net sales growth and 8% growth in adjusted EBITDA for Q2 2025, despite broader economic uncertainty [5][14] - Adjusted EBITDA for the quarter increased to $226.7 million, with an adjusted EBITDA margin improvement of 60 basis points to 15.5% [18][32] - Gross profit increased by 4% to approximately $531 million, with gross margin improving by 30 basis points to 36.4% [16][29] Business Line Data and Key Metrics Changes - Organic daily sales were flat, with maintenance-related demand remaining steady, while new residential construction and repair markets were down [15][25] - Agronomic products saw a 7% increase in organic daily sales, while landscaping products decreased by 1% [27][28] - The company added two acquisitions in July, contributing approximately $41 million or 3% to net sales growth [14][29] Market Data and Key Metrics Changes - The new residential construction market, which represents 21% of sales, is expected to decline due to elevated interest rates and low consumer confidence [42][43] - The new commercial construction market, representing 14% of sales, has remained flat, although customers have smaller backlogs [43][44] - The maintenance end market, which accounts for 35% of sales, is expected to continue growing steadily [44] Company Strategy and Development Direction - The company aims to leverage its scale and resources to drive market share gains and improve operational efficiency [10][11] - The acquisition strategy focuses on filling product lines and expanding geographic reach, with a robust pipeline of potential deals [13][39] - The company is committed to improving customer excellence and sales force productivity through digital initiatives and CRM enhancements [20][21] Management's Comments on Operating Environment and Future Outlook - Management expects end market demand for landscaping products to be slightly down year-over-year in 2025, but anticipates pricing improvements [42][44] - The company is optimistic about achieving low single-digit organic daily sales growth for the remainder of the year, supported by commercial initiatives [45] - Management highlighted the importance of maintaining financial strength and flexibility to execute growth strategies in varying market conditions [36] Other Important Information - The company repurchased approximately 466,000 shares for $54.3 million in Q2 2025, marking the largest share repurchase quarter since the program's initiation [32] - Net debt at the end of the quarter was approximately $532 million, with a leverage ratio of 1.3 times trailing twelve-month adjusted EBITDA [35] Q&A Session Summary Question: Update on Pioneer integration and SG&A leverage - Management confirmed that the Pioneer integration is fully completed, and synergies are being realized, contributing to SG&A leverage improvements [50][51] Question: Share repurchase authorization and future plans - Approximately $250 million remains in share repurchase authorization, and management indicated that aggressive repurchases could continue if acquisition opportunities remain limited [54][55] Question: Outlook for adjusted EBITDA and risks - Management feels confident in meeting adjusted EBITDA guidance but noted risks related to market demand deterioration [58][59] Question: Drivers of market share gains - Key initiatives driving market share gains include digital engagement, sales force productivity, and competitive private label offerings [70][72] Question: Impact of labor scarcity on operations - Customers have managed to find labor despite challenges, and labor scarcity is not seen as a significant limiter on market demand [76][77] Question: Trends in new residential construction - The new residential construction market is experiencing a decline, particularly in high-growth areas, with expectations of low single-digit decreases [92][94] Question: Pricing and inflation outlook - Management expects pricing to be flat in Q3 and to improve by 1% to 2% in Q4, driven by tariff-related price increases in certain product categories [97][100]

SiteOne Landscape (SITE) came out with quarterly earnings of $2.86 per share, missing the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $2.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.04%. A quarter ago, it was expected that this company would post a loss of $0.5 per share when it actually produced a loss of $0.61, delivering a surprise of -22%.Over the last four quarters, the company has n ...

Second Quarter 2025 Financial Performance - Net sales increased by 3% to $1,461.6 million compared to the second quarter of 2024[27, 28] - Gross profit increased by 4% to $531.4 million, with gross margin improving 30 basis points to 36.4%[25, 27] - Net income attributable to SiteOne increased 7% to $129.0 million[25, 27] - Adjusted EBITDA increased 8% to $226.7 million, and the margin improved 60 basis points to 15.5%[25, 27] - Acquired sales contributed $40.9 million, representing 3% to the overall growth rate[29] Balance Sheet and Cash Flow - Working capital increased to $1,061.7 million[30] - Cash provided by operating activities was $136.7 million[30] - Share repurchases amounted to $54.3 million[25, 30] - Net debt was $531.6 million, with a leverage ratio of 1.3x Net debt / Adjusted EBITDA[30] Acquisitions and Growth Strategy - The company acquired Grove Nursery and Nashville Nursery[24] - Green Trade Nursery acquisition was completed[25] - Full year Adjusted EBITDA is expected to be in the range of $400 million to $430 million[44]

Exhibit 99.1 July 30, 2025 SiteOne Landscape Supply Announces Second Quarter 2025 Earnings Second Quarter 2025 Highlights (Compared to Second Quarter 2024): Post Quarter Highlights · Closed the acquisitions of Grove Nursery and Nashville Nursery Adjusted EBITDA for the Second Quarter 2025 increased 8% to $226.7 million, compared to $210.5 million for the prior year period. Adjusted EBITDA margin improved 60 basis points to 15.5%. Net debt, calculated as long-term debt (net of issuance costs and discounts) p ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________ FORM 10-Q __________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From __________ to ___________ Commission file number: 001-37760 SiteOne Landscape Supply, Inc. (Exact ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. A Buy, Sell, or Hold rating in this article does not constitute a Buy, Sell, or Hold recommendation. A ...

Company Performance - SITE Centers Corp. reported first-quarter 2025 operating funds from operations (OFFO) per share of 16 cents, missing the Zacks Consensus Estimate of 24 cents [1] - Revenues for SITE Centers were $40.3 million, exceeding the Zacks Consensus Estimate of $33.5 million, despite a year-over-year decline of 56.4% in the top line and an 86% drop in OFFO per share [2][3] - The company executed five new leases and 17 renewals for a total of 75,000 square feet, achieving cash renewal leasing spreads of 3.4% in the first quarter [4] Leasing Metrics - As of March 31, 2025, the leased rate was 89.8%, down from 91.1% as of December 31, 2024, and lower than the prior-year quarter's 91.7% [3] - The commenced rate was reported at 89.4%, down from 90.6% as of December 31, 2024, but improved from the year-ago quarter's 89.8% [3] - The base rent per square foot increased to $19.75 as of March 31, 2025, from $19.55 recorded a year ago [3] Financial Position - SITE Centers exited the first quarter with $58.2 million in cash, an increase from $54.6 million as of December 31, 2024 [4] - The company remains focused on maximizing asset value through continued leasing, asset management, and potential additional asset sales, as stated by CEO David R. Lukes [2]