Simpson Manufacturing (SSD) Tops Q2 EPS by 67c, Revenues Beat

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Simpson Manufacturing Co., Inc. Announces 2020 Second Quarter Financial Results

July 27, 2020 4:15 PM EDT

PLEASANTON, Calif., July 27, 2020 /PRNewswire/ --  

Net sales of $326.1 million increased 7.0% year-over-year Strong gross margin of 45.9% improved 1.9% year-over-year Income from operations of $72.2 million increased 34.6% year-over-year, operating margin of 22.1% increased 4.5% year-over-year Diluted earnings per share of $1.22 increased 38.6% year-over-year Providing full year 2020 financial guidance on improved demand outlook Declared a $0.23 per share cash dividend

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... More