Simpson Manufacturing (SSD) Tops Q1 EPS by 51c

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Go back to Simpson Manufacturing (SSD) Tops Q1 EPS by 51c

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

April 25, 2022 4:15 PM EDT

PLEASANTON, Calif., April 25, 2022 /PRNewswire/ --

Net sales of $493.6 million increased 42.0% year-over-yearGross margin of 48.0% increased from 46.7% in the prior year periodIncome from operations of $124.4 million increased 82.0% year-over-year; operating margin of 25.2% increased from 19.7% in the prior year periodDiluted earnings per share of $2.18 increased 87.9% year-over-yearRepurchased $21.3 million of the Company's common stock during the quarterClosed the acquisition of the ETANCO Group on April 1, 2022

Simpson Manufacturing Co., Inc. (the "Company") (NYSE:... More