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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PLEASANTON, Calif. , June 15, 2023 /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 2022 Environmental, Social and Governance Report.

Simpson Manufacturing Co., Inc. Publishes Fiscal 2022 Environmental, Social and Governance Report

PLEASANTON, Calif. , June 5, 2023 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced the Company's Board of Directors (the "Board") has appointed Chau Banks and Felica Coney as independent directors of the Company, effective on June 1, 2023.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES THE APPOINTMENT OF CHAU BANKS AND FELICA CONEY TO ITS BOARD OF DIRECTORS

Does Simpson Manufacturing (SSD) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Simpson Manufacturing (SSD) a Strong Momentum Stock: Buy Now?

A construction materials company with strong fundamentals, a solid industry outlook and a low price tag

Simpson Manufacturing: A Small-Cap Value Stock

Simpson Manufacturing Co., Inc. (SSD) Q1 2023 Earnings Call Transcript.

Simpson Manufacturing Co., Inc. (SSD) Q1 2023 Earnings Call Transcript

PLEASANTON, Calif. , April 24, 2023 /PRNewswire/ --  Net sales of $534.4 million increased 8.3% year-over-year Income from operations of $118.4 million decreased 4.9% year-over-year Diluted earnings per share of $2.05 decreased 6.0% year-over-year 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 first quarter of 2023.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2023 FIRST QUARTER FINANCIAL RESULTS

Simpson Manufacturing Is A Quality Addition

PLEASANTON, Calif. , April 10, 2023 /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 first quarter ended March 31, 2023 on Monday, April 24, 2023 at 4:15 p.m.

Simpson Manufacturing Co., Inc. to Announce First Quarter 2023 Financial Results on Monday, April 24th

Installed Building Products

Otis Worldwide

United Rentals

Although supply-chain issues and rising input prices are concerns for the Zacks Building Products - Miscellaneous industry, focus on operational efficiencies and higher government spending raise hopes for OTIS, URI, SSD and IBP.

4 Stocks to Buy From a Thriving Building Products Industry

PLEASANTON, Calif. , March 16, 2023 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that Mike Olosky, Chief Executive Officer, and Brian Magstadt, Chief Financial Officer and Treasurer, will participate in the upcoming Sidoti Small-Cap Virtual Conference on Thursday, March 23, 2023.

Simpson Manufacturing Co., Inc. Announces Virtual Participation at the Sidoti Small-Cap Conference

Robinhood

Manhattan Associates

HOOD, SSD and MANH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 9, 2023.

Best Momentum Stock to Buy for February 9th

Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q4 2022 Earnings Conference Call February 6, 2023 5:00 PM ET Company Participants Kim Orlando - ADDO Investor Relations Mike Olosky - President and Chief Executive Officer Brian Magstadt - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Kurt Yinger - D.A. Davidson Julio Romero - Sidoti & Company Operator Greetings, and welcome to the Simpson Manufacturing Co. Fourth Quarter 2022 Earnings Conference Call.

Simpson Manufacturing Co., Inc. (SSD) Q4 2022 Earnings Call Transcript

PLEASANTON, Calif. , Feb. 6, 2023 /PRNewswire/ -- Fourth quarter net sales of $475.6 million increased 13.6% year-over-year 2022 net sales of $2.12 billion increased 34.5% year-over-year 2022 net income per diluted share of $7.76 increased 26.8% year-over-year Declared a $0.26 per share dividend Repurchased $78.6 million in common stock in 2022 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 fourth quarter and full-year of 2022.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2022 FOURTH QUARTER AND FULL-YEAR FINANCIAL RESULTS

PLEASANTON, Calif. , Jan. 23, 2023 /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 fourth quarter and full year ended December 31, 2022 on Monday, February 6, 2023 at 4:15 p.m.

Simpson Manufacturing Co., Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on Monday, February 6th

PLEASANTON, Calif. , Jan. 4, 2023 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that Mike Olosky, Chief Executive Officer, and members of senior management will participate in the upcoming CJS Securities 23rd Annual New Ideas for the New Year Conference on Wednesday, January 11, 2023.

Simpson Manufacturing Co., Inc. Announces Virtual Participation at CJS Securities' 23rd Annual New Ideas for the New Year Conference

PLEASANTON, Calif. , Dec. 28, 2022 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its executive officers, effective January 1, 2023 following the appointment of Michael Olosky to President and Chief Executive Officer as part of a planned leadership succession.

Simpson Manufacturing Co., Inc. Announces Executive Officer Updates

Simpson Manufacturing (SSD) possesses solid growth attributes, which could help it handily outperform the market.

Here is Why Growth Investors Should Buy Simpson Manufacturing (SSD) Now

The consensus price target hints at a 66% upside potential for Simpson Manufacturing (SSD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Simpson Manufacturing (SSD) Could Rally 66%: Here's is How to Trade

Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q3 2022 Earnings Conference Call October 24, 2022 5:00 PM ET Company Participants Kim Orlando - ADDO IR Karen Colonias - CEO Brian Magstadt - CFO Conference Call Participants Daniel Moore - CJS Securities Tim Wojs - Baird Kurt Yinger - D.A. Davidson Julio Romero - Sidoti & Company Operator Greetings, and welcome to the Simpson Manufacturing Company Third Quarter 2022 Earnings Conference Call.

Simpson Manufacturing Co., Inc. (SSD) Q3 2022 Earnings Call Transcript

PLEASANTON, Calif. , Oct. 24, 2022 /PRNewswire/ -- Net sales of $553.7 million increased 39.6% year-over-year Income from operations of $122.8 million increased 22.1% year-over-year  Diluted earnings per share of $2.06 increased 20.8% year-over-year Repurchased $28.3 million of the Company's 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 third quarter of 2022.

SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2022 THIRD QUARTER FINANCIAL RESULTS

PLEASANTON, Calif. , Oct. 10, 2022 /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, 2022 on Monday, October 24, 2022 at 4:15 p.m.

Simpson Manufacturing Co., Inc. to Announce Third Quarter 2022 Financial Results on Monday, October 24th

PLEASANTON, Calif. , Sept. 14, 2022 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that Karen Colonias, Chief Executive Officer, and members of senior management will participate in the following upcoming conferences: The Sidoti & Company Fall Virtual Small Cap Investor Conference on Wednesday, September 21, 2022.

Simpson Manufacturing Co., Inc. Announces Upcoming Conference Participation

Karen Colonias to step down as CEO on December 31, 2022, and retire from the Company on June 30, 2023 Michael Olosky to succeed Karen Colonias as Chief Executive Officer on January 1, 2023 PLEASANTON, Calif. , Sept. 8, 2022 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company" or "Simpson") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Karen Colonias will step down from her position as Chief Executive Officer as part of Simpson's succession plan, effective December 31, 2022.

Simpson Announces CEO Retirement and Succession Plan

Simpson Manufacturing is a leading manufacturer of high-quality wood and concrete construction products with a proven growth strategy and outstanding financial performance. The company's Gross Margin, Net Margin, and Return On Invested Capital outclass most of its industry peers.

Simpson Manufacturing: A Midcap Hammering Away In The Industrials Sector

Q2 earnings call revealed upward revision of operating margin guidance for FY '22; still will see sequential margin decline throughout remainder of year. Target percentage of free cash flow returned to shareholders has been decreased as a result of intake of debt to fund ETANCO acquisition; balance sheet still strong and dividend remains reliable.

News for Simpson Manufacturing Stock (SSD)