Simpson Manufacturing

Simpson Manufacturing Co., Inc. engages in the manufacture and marketing of building and construction solutions. It offers wood construction products, which include connectors, truss plates, fastening systems, and lateral systems primarily used to strengthen, support, and connect wood applications in residential and commercial construction, as well as do-it-yourself (DIY) projects, concrete construction products such as anchor, repair, and protection, and strengthening products for concrete, brick, and masonry applications in industrial, infrastructure, residential commercial, and DIY projects. It operates through the following geographical segments: North America, Europe, Asia/Pacific, and Admin and All Other. The North America segment covers the United States and Canada operations. The Europe segment includes operations primarily in France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Sweden, and Norway. The Asia/Pacific segment represents Australia, New Zealand, South Africa, China, Taiwan, and Vietnam. The company was founded by Barclay Simpson in 1956 and is headquartered in Pleasanton, CA.

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Simpson Manufacturing excels in 2022, eyes growth amid challenges

Simpson Manufacturing reports robust 2022 financial performance, outlines growth initiatives, and anticipates an 18-20% operating income margin for 2023. Despite challenges, the company's proactive supply chain management and optimistic guidance signal continued growth ahead.

Simpson Manufacturing reports robust Q1 earnings amidst strategic acquisitions

Simpson Manufacturing's Q1 2023 showcased strong financial performance driven by the ETANCO acquisition and operational efficiency.
While challenges exist in offensive synergies and cost management, the company's strategic strengths and growth opportunities position it for future success.
With a focus on market trends, pricing strategies, and regional expansion, Simpson Manufacturing is poised to navigate challenges and capitalize on growth prospects.

Simpson Manufacturing reports steady Q2 growth amid regional challenges

Simpson Manufacturing's Q2 2023 performance reflects a mixed picture with growth in North America but a decline in European sales.
The company's focus on key growth initiatives and capital allocation priorities demonstrates a strategic approach to driving future success.
Balancing operational efficiency, sustainable growth, and financial strength will be crucial for Simpson Manufacturing's continued performance.
Navigating challenges in European markets and seizing opportunities in key growth areas will shape the company's trajectory in 2023.

Simpson Manufacturing reports solid Q3 performance and strategic growth plans

Simpson Manufacturing's Q3 performance reflects growth and strategic focus despite challenges. With a strong balance sheet, promising operating margin outlook, and strategic investments in growth areas, the company is well-positioned for future opportunities.

Simpson Manufacturing excels in 2023, poised for strategic growth

Simpson Manufacturing's robust financial performance in 2023, driven by North American and European sales growth, showcases resilience and strategic market positioning.
The company's focus on innovation, customer service, and capital allocation priorities sets the stage for sustained growth and operational excellence in 2024.
Challenges in market growth, project execution, and segment diversification require strategic management and operational agility to capitalize on opportunities and mitigate risks.
Overall, Simpson's strong performance, strategic strengths, and growth opportunities position it well for continued success and value creation for stakeholders.

Simpson Manufacturing reports Q1 2024 mixed results and growth focus

Simpson Manufacturing's Q1 2024 performance showed mixed results with strong North American sales growth but a decline in European net sales. The company is actively pursuing growth opportunities, focusing on enhancing shareholder returns, and evaluating potential M&A deals. Despite challenges with rebates and softer margins, Simpson Manufacturing remains optimistic about meeting its operating margin guidance for the year.

Simpson Manufacturing reports steady Q2 sales amidst market challenges

Simpson Manufacturing's Q2 performance reflects stable net sales, with growth in specific markets offsetting challenges in housing sectors. While facing margin pressures and a decline in adjusted EBITDA, the company remains focused on strategic investments and customer-centric initiatives to drive sustainable growth. Opportunities lie in expected growth in U.S. housing starts in 2025 and the company's commitment to outperforming the market.

Simpson Manufacturing reports solid Q3 performance amidst margin challenges

Simpson Manufacturing's Q3 performance reflects resilience in challenging market conditions, with solid sales and strategic growth initiatives.
While facing margin and leadership challenges, the company's focus on innovation and market outperformance positions it well for future growth.
Opportunities lie in leveraging market outperformance, new leadership, and operational efficiency to drive sustained financial success.
Overall, Simpson Manufacturing remains focused on growth and operational excellence despite facing certain challenges.

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PLEASANTON, Calif. , Nov. 7, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Mike Olosky, President and Chief Executive Officer, Brian Magstadt, Chief Financial Officer and Treasurer, and Matt Dunn, Senior Vice President, Finance, will participate in the upcoming Baird 2024 Global Industrial Conference on Thursday, November 14, 2024, at The Ritz-Carlton in Chicago, Illinois.

Simpson Manufacturing Co., Inc. Announces Participation at Baird's 2024 Global Industrial Conference

SSD reported modest 1.2% net sales growth in 3Q24 despite challenges in the US and European housing markets. The company's strategic acquisitions of Monet DeSauw and QuickFrames USA are expected to expand its product offerings and market reach. The facility expansions in Ohio and Tennessee are on track for 2025 completion, which will enhance future manufacturing capabilities.

Simpson Manufacturing: Modest Growth Amid Market Challenges

PLEASANTON, Calif. , Oct. 28, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced it has appointed Matt Dunn as Chief Financial Officer and Treasurer, effective January 1, 2025.

Simpson Manufacturing Co. Appoints Matt Dunn as Chief Financial Officer and Treasurer

PLEASANTON, Calif. , Oct. 24, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that on October 23, 2024, the Company's Board of Directors (the "Board") declared a regular quarterly dividend of 28 cents per share on the Company's common stock.

Simpson Manufacturing Co., Inc. Declares Quarterly Dividend

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SSD's third-quarter 2024 results reflect a mix of modest net sales growth and ongoing challenges in profitability amid pressures in housing markets.

Simpson Manufacturing Stock Down on Q3 Earnings Lag, '24 View Cut

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Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q3 2024 Earnings Conference Call October 21, 2024 5:00 PM ET Company Participants Kimberly Orlando - Investor Relations, ADDO Investor Relations Michael Olosky - President and Chief Executive Officer Brian Magstadt - Chief Financial Officer and Treasurer Conference Call Participants Daniel Moore - CJS Securities Timothy Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings and welcome to the Simpson Manufacturing Company Third Quarter 2024 Earnings Conference Call.

Simpson Manufacturing Co., Inc. (SSD) Q3 2024 Earnings Call Transcript

Net sales of $587.2 million, increased 1.2% year-over-year Income from operations of $124.9 million, resulting in operating income margin of 21.3% Net income per diluted share of $2.21 Revising full year 2024 outlook based on reduced housing start expectations PLEASANTON, Calif. , Oct. 21, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the third quarter of 2024.

Simpson Manufacturing Co., Inc. Announces 2024 Third Quarter Financial Results

PLEASANTON, Calif. , Oct. 7, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that it will report its financial results for the third quarter ended September 30, 2024, on Monday, October 21, 2024, at 4:15 p.m.

Simpson Manufacturing Co., Inc. to Announce Third Quarter 2024 Financial Results on Monday, October 21st

PLEASANTON, Calif. , Sept. 12, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Mike Olosky, President and Chief Executive Officer and Simpson management will participate in D.A.

Simpson Manufacturing Co., Inc. Announces Participation at The D.A. Davidson 23rd Annual Diversified Industrials & Services Conference

PLEASANTON, Calif. , Sept. 3, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Mike Olosky, President and Chief Executive Officer, will ring the closing bell at the New York Stock Exchange (NYSE) on Friday, September 6, 2024, in celebration of the Company's 30th anniversary as a publicly listed company.

Simpson Manufacturing Co. Celebrates 30 Years as a Public Company with Ringing of the Closing Bell at the NYSE on September 6th

PLEASANTON, Calif. , Aug. 28, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Mike Olosky, President and Chief Executive Officer and Simpson management will participate in the upcoming 2024 Jefferies Industrials Conference on Wednesday, September 4, 2024.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES PARTICIPATION AT THE 2024 JEFFERIES INDUSTRIALS CONFERENCE

PLEASANTON, Calif. , July 31, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Brian Magstadt, Chief Financial Officer and Treasurer, has informed the Company of his intention to retire effective December 31, 2024.

Simpson Manufacturing Co. Announces Retirement of Chief Financial Officer and Treasurer, Brian Magstadt

Company faces near-term challenges but revenue growth is expected to improve after the interest rate cycle reverses. Strong track record of outperforming end markets through execution, innovation, and capacity expansions. Margins may face pressure in the near term, but are expected to improve with cost synergies and growth investments. The stock valuation looks attractive.

Simpson Manufacturing: Solid Execution And Housing Recovery Position It For Growth

Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q2 2024 Earnings Conference Call July 22, 2024 5:00 PM ET Company Participants Kim Orlando - IR, ADDO Investor Relations Mike Olosky - President & CEO Brian Magstadt - CFO Conference Call Participants Daniel Moore - CJS Securities Tim Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings and welcome to the Simpson Manufacturing Company's Second Quarter 2024 Earnings Conference Call.

Simpson Manufacturing Co., Inc. (SSD) Q2 2024 Earnings Call Transcript

PLEASANTON, Calif. , July 22, 2024 /PRNewswire/ --  Net sales of $597.0 million Income from operations of $132.2 million, resulting in operating income margin of 22.1% Net income per diluted share of $2.31 Repurchased $50.0 million of common stock during the quarter Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the second quarter of 2024.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2024 SECOND QUARTER FINANCIAL RESULTS

PLEASANTON, Calif. , July 8, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that it will report its financial results for the second quarter ended June 30, 2024 on Monday, July 22, 2024 at 4:15 p.m.

Simpson Manufacturing Co., Inc. to Announce Second Quarter 2024 Financial Results on Monday, July 22nd

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PLEASANTON, Calif., June 17, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today it has published its Fiscal 2023 Corporate Social Responsibility Report.

Simpson Manufacturing Co., Inc. Publishes Fiscal 2023 Corporate Social Responsibility Report

PLEASANTON, Calif. , June 5, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Brian Magstadt, Chief Financial Officer and Treasurer, will participate in the upcoming 2024 Wells Fargo Industrials Conference on Wednesday, June 12, 2024, at The Loews Chicago in Chicago, Illinois.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES PARTICIPATION AT THE 2024 WELLS FARGO INDUSTRIALS CONFERENCE

PLEASANTON, Calif. , May 20, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced Udit Mehta has joined the Company as Chief Technology Officer, effective May 10, 2024.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES UDIT MEHTA AS CHIEF TECHNOLOGY OFFICER

PLEASANTON, Calif. , May 6, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced Roger Dankel's retirement from the Company effective June 30, 2025.

Simpson Manufacturing Co. Announces Retirement of Executive Vice President, North America Sales, Roger Dankel

Simpson Manufacturing Co. NYSE: SSD sent its share price reeling as it reported its struggles during Q1 2024, but this is a great time to buy this construction stock. You don't buy Simpson because of today's results, or even next quarter's or next year's, but because of the long-term outlook.

Simpson Manufacturing: Buy This Future Dividend King While Down

Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q1 2024 Earnings Conference Call April 22, 2024 5:00 PM ET Company Participants Kim Orlando - ADDO Investor Relations Mike Olosky - President & Chief Executive Officer Brian Magstadt - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Tim Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings.

News for Simpson Manufacturing Stock (SSD)