SiteOne Landscape Supply Inc

Alta Equipment Group reported second-quarter revenues of $475.5 million, down 1.2% year on year and 3.1% below analysts' expectations, the weakest performance and slowest revenue growth among the eight specialty equipment distributors tracked. The quarter still included beats on analysts' EPS and EBITDA estimates, but the stock is down 17.3% since reporting and trades at $6.10. Across the group, revenues beat consensus by 5.1% on average, yet share prices are down 7.6% on average since the latest results. Richardson Electronics posted the strongest quarter, with revenues of $66.2 million, up 27.6% year on year and 19.6% above expectations, though its stock is down 1.5% at $17.75. SiteOne Landscape Supply reported revenues of $1.53 billion, up 4.7% but 0.7% short of estimates, with a significant miss on EPS and EBITDA, and its stock is down 12.6% at $90.40. Custom Truck One Source reported revenues of $563.4 million, up 10.2% and 8.8% above expectations, and posted the group's highest full-year guidance raise, while Hudson Technologies reported revenues of $78.35 million, up 7.5% and 5.6% above expectations but with a significant EPS miss.

SiteOne Landscape Supply reported second-quarter revenue of $1.53 billion, missing analyst estimates of $1.54 billion, while adjusted earnings per share of $3.20 came in below the $3.35 consensus. Organic revenue rose just 1% year on year, as volumes declined in new residential construction and repair and upgrade markets, particularly in Sunbelt states. Management cited broad-based pressure across remodeling product categories and noted that energy volatility and macroeconomic uncertainty dampened customer appetite. The company provided full-year EBITDA guidance of $440 million at the midpoint, below the $448 million analysts had expected. CEO Doug Black described the market as weaker than expected and forecast that repair and upgrade demand will be down approximately mid-single digits in 2026.

Herc Holdings reported first-quarter revenues of $1.14 billion, up 32.3% year on year and beating analyst estimates by 5.3%, making it the fastest-growing and biggest beat among the eight specialty equipment distributors tracked. The company completed the integration of its H&E acquisition, the largest in industry history, adding 25% more specialty locations and expanding its sales network. However, Herc issued full-year revenue guidance that missed expectations significantly, the weakest update in the group. Richardson Electronics posted the best overall quarter with a 4.4% revenue beat and strong EPS and EBITDA outperformance, while SiteOne Landscape Supply had the weakest results, missing revenue estimates by 4.2% and falling short on operating income and EPS. Custom Truck One Source delivered the highest full-year guidance raise among peers, and Hudson Technologies recorded the highest guidance raise but missed operating income and EPS estimates.