SITE Boosts Its Market Presence With Bourget Flagstone Acquisition

Core Insights - SiteOne Landscape Supply, Inc. (SITE) has acquired Bourget Flagstone Co., enhancing its market position in Santa Monica and surrounding areas [1][8] - This acquisition is part of SiteOne's strategy to expand its product offerings and better serve customers [2][8] - The acquisition marks SiteOne's first in 2026, following eight acquisitions completed in 2025 [3][8] Expansion Strategy - The addition of Bourget Flagstone will allow SiteOne to broaden its range of hardscape products [1][8] - SiteOne has been actively expanding its market presence, with previous acquisitions including French Broad Stone Yards, Red's Home & Garden, and Autumn Ridge Stone & Landscape Supply in 2025 [4][5] Financial Performance - In Q3 2025, SiteOne reported an adjusted EPS of $1.31, surpassing the Zacks Consensus Estimate of $1.22, and showing an increase from $0.97 per share in Q3 2024 [6] - The company achieved revenues of $1.26 billion for the September-end quarter of 2025, exceeding the Zacks Consensus Estimate of $1.25 billion, with a year-over-year revenue growth of 4% [6] Stock Performance - SiteOne's shares have increased by 6.9% over the past year, outperforming the industry average growth of 0.1% [7]