Eric Elema

Executive Vice President and Chief Financial Officer, Siteone Landscape Supply

Search every verified Eric Elema interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Eric Elema, Executive Vice President and Chief Financial Officer at SiteOne Landscape Supply, participated in the company’s second quarter 2026 earnings call on July 30, 2026. During the call, he discussed the company’s financial performance, noting 5% growth in net sales, 8% growth in adjusted EBITDA, and strong cash flow. Elema addressed pricing dynamics, stating that the company expects a benefit from PVC price increases in the second half of the year, while fertilizer prices rose in the second quarter and are expected to moderate from double-digit to single-digit increases. He also mentioned that tariff-related benefits from the prior year have been fully lapped. Elema commented on market conditions, stating that new residential landscaping demand is down high single digits and repair and upgrade demand is down mid-single digits, reflecting declines in new home completions and macroeconomic uncertainty. He noted that market volumes were negatively impacted by price increases as customers adjusted to fixed budgets. Regarding capital allocation, Elema said the company has been opportunistic with share repurchases and expects to close more acquisitions during the remainder of the year, citing an active pipeline and a strong balance sheet.