Simpson Manuf Stock Price, News & Analysis

Simpson Manufacturing Co., Inc. (NYSE: SSD), a leader in engineered structural connectors and building solutions, will report its first-quarter financial results for the period ended March 31, 2023, on April 24, 2023, at 4:15 p.m. Eastern Time. The conference call will be hosted by President and CEO Michael Olosky and CFO Brian Magstadt at 5:00 p.m. Eastern Time, accessible via the Company’s Investor Relations website. Investors can call in using (877) 407-0792 for the U.S. and Canada, or (201) 689-8263 for international participants. A replay of the call will be available starting April 24, 2023, at 8:00 p.m. until May 8, 2023. Simpson specializes in manufacturing wood and concrete construction products and supplies to markets in North America and Europe.

Simpson Manufacturing Co. (NYSE: SSD) announced its participation in the Sidoti Small-Cap Virtual Conference set for March 23, 2023, at 11:30 a.m. ET. CEO Mike Olosky and CFO Brian Magstadt will present and engage in virtual meetings with investors. The event will be available for live streaming on their Investor Relations website, with a replay accessible for 90 days. Simpson Manufacturing, based in Pleasanton, California, is a leading manufacturer of wood and concrete construction products, supplying solutions to residential and commercial markets in North America and Europe.

Simpson Manufacturing Co. (NYSE: SSD) reported Q4 2022 net sales of $475.6 million, a 13.6% year-over-year increase, with full-year sales reaching $2.12 billion, up 34.5%. Q4 net income was $57.6 million, or $1.35 per diluted share, down from $69.8 million, or $1.61 per diluted share a year prior. The company declared a quarterly dividend of $0.26 and repurchased $78.6 million in stock in 2022. European sales surged 150.3% due to the acquisition of ETANCO. Management anticipates operating margins between 18% and 20% for 2023, while integrating ETANCO and pursuing growth initiatives amid a challenging market.

Simpson Manufacturing Co. (NYSE: SSD) announced a quarterly dividend of 26 cents per share, declared on January 24, 2023. This dividend will be payable on April 27, 2023, to shareholders of record as of April 6, 2023. The company specializes in engineered structural connectors and building solutions, serving both residential and commercial markets across North America and Europe.

Simpson Manufacturing Co., Inc. (NYSE: SSD) will report its fourth quarter and full year financial results for the period ending December 31, 2022, on February 6, 2023, at 4:15 p.m. ET. President and CEO Michael Olosky, along with CFO Brian Magstadt, will host a conference call at 5:00 p.m. ET, accessible via the company's Investor Relations website. For those unable to attend live, a replay will be available after 8:00 p.m. ET on the same day until February 20, 2023. The company produces engineered structural connectors and building solutions, serving both residential and commercial markets in North America and Europe.

Simpson Manufacturing Co. (NYSE: SSD) will present at the CJS Securities 23rd Annual New Ideas for the New Year Conference on January 11, 2023, at 2:20 p.m. ET. CEO Mike Olosky and senior management will join virtually and engage with investors throughout the day. The presentation will be accessible via live webcast on the company's Investor Relations website, with a replay available for 90 days post-event. Simpson, headquartered in Pleasanton, California, specializes in engineered structural connectors and building solutions for residential and commercial markets across North America and Europe.

Simpson Manufacturing Co., a leader in engineered structural connectors, announces executive officer updates effective January 1, 2023. Michael Olosky is appointed President and CEO, succeeding the previous leadership. Other key positions remain unchanged, with Brian Magstadt as CFO, and several executives taking on new roles including Roger Dankel as Executive VP of North American Sales and Jeremy Gilstrap as Executive VP of Innovation. This leadership succession is part of the company's strategic planning to strengthen its market position.

Simpson Manufacturing Co. reported net sales of $553.7 million for Q3 2022, a 39.6% increase year-over-year. Income from operations rose to $122.8 million, reflecting a 22.1% increase. Earnings per share hit $2.06, up 20.8% compared to last year. North America sales increased 29.3%, while Europe sales surged 104.1% due to the acquisition of ETANCO, which contributed $67.5 million. However, gross margin decreased to 44.2% from 49.9%, primarily due to higher raw material costs.

Simpson Manufacturing Co., Inc. (NYSE: SSD) will report its financial results for the third quarter ending September 30, 2022, on October 24, 2022, at 4:15 p.m. ET. CEO Karen Colonias and CFO Brian Magstadt will lead a conference call at 5:00 p.m. ET, available via webcast on the company's Investor Relations website. Replay options will be available until November 7, 2022. Simpson specializes in engineered structural connectors and building solutions for residential and commercial markets in North America and Europe.