SiteOne Landscape Supply Expects FY24 Adjusted EBITDA $420M-$455M, Expect Sales Volume To More Than Offset Price Deflation, Yielding Low Single Digit Organic Daily Sales Growth For The Full Year 2024
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SiteOne Landscape Supply projects its FY24 Adjusted EBITDA to be between $420M-$455M. The company anticipates sales volume growth to counteract price deflation, leading to a low single-digit organic daily sales growth for the full year 2024.
February 14, 2024 | 11:08 am
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SiteOne Landscape Supply expects its FY24 Adjusted EBITDA to range from $420M to $455M, with sales volume growth offsetting price deflation for low single-digit organic daily sales growth throughout 2024.
The positive outlook on FY24 Adjusted EBITDA and the anticipation of sales volume growth overcoming price deflation suggest a strong financial performance for SiteOne Landscape Supply in 2024. This projection is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
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