$SITE 8-K earnings — Q2 FY26

EPS of $1.27 beat consensus of $1.20 by $0.07 (+5.8%). Revenue of $1.53B rose 5% YoY, in line with estimates, driven by 1% organic daily sales growth and 3% from acquisitions. The key nuance: gross margin expanded 50bps to 36.9% on price realization and commercial initiatives, offsetting softer residential demand and higher freight costs, while SG&A deleveraged 30bps on modest organic growth.

EPS of $1.27 beat consensus of $1.20 by $0.07 (+5.8%). Revenue of $1.53B rose 5% YoY, in line with estimates, driven by 1% organic daily sales growth and 3% from acquisitions. The key nuance: gross margin expanded 50bps to 36.9% on price realization and commercial initiatives, offsetting softer residential demand and higher freight costs, while SG&A deleveraged 30bps on modest organic growth.