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Simpson Manufacturing Co., Inc. — Third Quarter 2026 Earnings Summary

  • Net sales rose 2.3% YoY to $638.1 million for the quarter and 5.8% YoY to $1,897.2 million for the nine months; diluted EPS increased 3.9% YoY to $2.68 for the quarter and 14.7% YoY to $7.90 for the nine months.
  • Full-year 2026 consolidated operating margin guidance was updated to 20.0%–20.5%, including an $11.0 million gain from vacant land sales, while effective tax rate guidance stands at 25.0%–26.0% and capital expenditures at $80.0 million–$90.0 million.
  • The Board approved a new $1.0 billion share repurchase authorization with no expiration date and declared a quarterly cash dividend of $0.30 per share; the company repurchased 352,346 shares for $66.3 million in Q3.
  • Management expects to implement additional pricing actions in 2027 to address evolving cost pressures, including higher steel costs and tighter availability, while noting near-term challenges from housing affordability.
  • North America segment sales grew 3.8% YoY driven by pricing and volume, whereas Europe sales declined 3.4% YoY due to foreign currency translation and higher operating costs.
Company
SIMPSON MANUFACTURING CO INC
Sector
Basic Materials
Industry
Lumber & Wood Production