Simpson Manufacturing Q1 net income rises 13.2% to $88.2 million; net sales climb 9.1% to $588 million
Simpson Manufacturing Co., Inc. SSD | 0.00 |
- Simpson Manufacturing posted Q1 net income of $88.2 million, up 13.3%, as diluted EPS climbed to $2.13.
- Net sales rose 9.1% to $588 million, driven by North America up 9.8% to $461.93 million.
- Operating income increased 12% to $114.6 million, while gross margin narrowed 1.3 percentage points to 45.2%.
- Management said tariff and trade policy actions have impacted results and are expected to continue, while incremental investments will be limited until U.S. housing shows long-term improvement.
- Full-year operating margin forecast set at 19.5% to 20.5%, including a projected gain of $10 million to $12 million on sale of vacant land.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simpson Manufacturing Co. Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-032199), on May 07, 2026, and is solely responsible for the information contained therein.
