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siteone-landscape-supply

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Company Domain www.siteone.com link_icon
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Company Overview: SiteOne Landscape Supply



SiteOne Landscape Supply is a leading distributor in the green industry, specializing in landscape supplies, irrigation tools, and agronomic maintenance. The company has established itself as the premier destination for professionals in the landscape industry, offering a wide variety of products and services essential for the success of green industry professionals.





  • Company History: Founded in 2001 by Deere & Co., originally known as John Deere Landscapes, SiteOne has grown significantly, providing turf, irrigation, lighting, and other materials for landscape construction.


Product Offerings:







Social Media Presence:





Leadership Team



Doug Black


  • Title: Chairman and Chief Executive Officer

  • Experience: Over 30 years in the industry, Doug Black has been a part of SiteOne since April 2014. He previously served as President and Chief Operating Officer of another company.

  • Education: Fuqua School of Business

  • Compensation: $1,788,329



John Guthrie


  • Title: Executive Vice President, Chief Financial Officer, and Assistant Secretary

  • Joined: 2001 as the head of finance

  • Compensation: $743,224



Shannon Versaggi


  • Title: Chief Marketing Officer, Category and Pricing

  • Joined: February 2020

  • Experience: Over 15 years of experience in marketing, responsible for developing consumer-centric strategies at SiteOne

  • Location: Alpharetta, GA



Briley Brisendine


  • Title: Executive Vice President, General Counsel, and Secretary

  • Joined: September 2015

  • Experience: Extensive background in law and corporate governance, serving as EVP and General Counsel at SiteOne.

  • Education: Mercer University - Walter F. George School of Law


  • Compensation: $730,270


Company Performance & Strategy


  • Revenue: SiteOne's financial health and strategic initiatives are a point of interest. The company has continued to expand its market presence through strategic acquisitions and organic growth.



Competitor Profiling



Overview


SiteOne Landscape Supply is a leading wholesale distributor of landscape supplies, including irrigation equipment, outdoor lighting, landscape accessories, fertilizers, turf protection products, grass seed, nursery goods, hardscapes, and more. The company operates primarily in the United States and specializes in serving professional landscapers.

Top Competitors


Multiple sources reveal that SiteOne Landscape Supply faces competition from a diverse set of companies across various sectors. These competitors can be categorized based on their services and market focus:

Direct Industry Competitors


1. BFG Supply
2. Horizon Distributors, Inc.
3. Outdoor Living Supply
4. A & B Home
5. Las Vegas Market
6. Landscapeplus
7. Spiral

Broader Market Competitors


1. Watsco, Inc.
2. US Foods Holding Corp.
3. Performance Food Group

Detailed Competitor Analysis



Watsco, Inc. (NYSE: WSO.B)


  • Industry: Industrial Distribution (HVAC/R)

  • Market Cap: $19.85 billion

  • Revenue: $7.43 billion

  • P/E Ratio: 37.90

  • Notable Products: Residential ducted and ductless air conditioners, gas, electric, oil furnaces, components such as thermostats, insulation materials, and HVAC/R-specific supplies.

  • Employee Count: 7,350

  • Key Executives:

  • Mr. Albert H. Nahmad, Chairman & CEO

  • Mr. Aaron J. Nahmad, Co-Vice Chairman & President

  • Ms. Ana M. Menendez, CFO & Treasurer

  • Business Strategy: Focuses on acquiring businesses to build market density and expand its geographic network.


US Foods Holding Corp. (NYSE: USFD)


  • Industry: Foodservice Distribution

  • Market Cap: $15.16 billion

  • Revenue: $36.70 billion

  • P/E Ratio: 30.37

  • Notable Products: Broad and innovative food offerings, comprehensive suite of e-commerce, technology, and business solutions for foodservice customers.

  • Employee Count: 30,000

  • Key Executives:

  • Mr. Pietro Satriano, Chairman & CEO

  • Ms. Kirsten J. Castellanos, CFO

  • Customer Base: Serves approximately 250,000 restaurants and foodservice operators.

  • Achievements: Recognized in Newsweek Magazine’s World’s Most Trustworthy Companies 2024 list.


Performance Food Group (NYSE: PFGC)


  • Industry: Food and Foodservice Distribution

  • Market Cap: Not specified

  • Revenue: Not specified

  • Segments: Foodservice, Vistar, and Convenience

  • Employee Count: 30,000+

  • Key Executives:

  • Mr. George Holm, Chairman & CEO

  • Mr. Patrick Hatcher, EVP, CFO

  • Mr. Brent King, EVP, General Counsel & Secretary

  • Customer Base: Delivers more than 300,000 food and related products to a wide array of segments including independent restaurants, national chains, vending, concessions, and convenience stores.

  • Sustainability Efforts: Focused on improving efficiency, fighting hunger, and reducing energy use through innovative approaches such as the installation of motion sensors and energy-efficient lighting.


Key Financial Metrics Compared to Competitors


  • Net Income:

  • SiteOne Landscape Supply: $173.40 million

  • Watsco: Strong profitability with notable media and analyst preference.

  • US Foods and Performance Food Group: Both companies showing robust revenue streams and substantial market penetration.

  • Market Performance:

  • SiteOne Landscape Supply: -5.62% 1-year performance.

  • Watsco: +35.3% 1-year performance.

  • US Foods and Performance Food Group: Both companies showcasing positive trends in market performance with considerable growth in their respective sectors.


Summary


SiteOne Landscape Supply operates in a competitive environment with significant rivals in both the industrial distribution and foodservice distribution industries. Direct competitors like BFG Supply and Horizon are primary challengers in the landscape supply niche, while broader market competitors such as Watsco, US Foods, and Performance Food Group show strong financial performance and market growth, indirectly impacting SiteOne's market share. SiteOne's focus on wholesaling a diverse range of landscape products remains its core strength; however, strategic adaptations to compete against the expanding service portfolios of broader market competitors may provide significant leverage.
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