Business
Simpson Manufacturing Co., Inc. Announces 2025 Third Quarter Financial Results and Updates 2025 Guidance
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 third quarter of 2025. All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "compared to"), unless otherwise noted, are comparing the quarter ended September 30, 2025 with the quarter ended September 30, 2024. In the first quarter of 2025, the Company recl
About this update from Simpson Manufacturing Company, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $623.5 million increased 6.2% year-over-year","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"Income from operations of $140.7 million increased 12.7% year-over-year including one-time gain on sale","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income per diluted share of $2.58 increased 16.7% year-over-year","length":68,"tagName":"p"}]},{"val":[{"type":"text","content":"Repurchased $30.0 million of common stock during the quarter; increased 2025 share repurchase authorization program to $120.0 million","length":133,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced 2026 share repurchases up to $150.0 million of the Company's common stock","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared a $0.29 per share dividend","length":35,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":483,"olType":false},{"type":"text","content":"PLEASANTON, Calif., Oct. 27, 2025 /PRNewswire/ -- 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 third quarter of 2025. All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "compared to"), unless otherwise noted, are comparing the quarter ended September 30, 2025 with the quarter ended September 30, 2024. In the first quarter of 2025, the Company reclassified certain engineering costs related to the Company's digital efforts from research and development and engineering expense as well as selling expense to general and administrative expense. The financial results of prior three and nine month periods ending on September 30, 2024, were revised to reflect these changes, with $3.1 million and $8.5 million, respectively, of costs being reclassified from research and development expenses and $1.6 million and $4.3 million, respectively, from selling expense to general and administrative expense. While this reclassification impacts the comparability of the results for prior periods, the reclassification did not have any impact on the total operating expenses.","length":1320,"tagName":"p"},{"type":"text","content":"Consolidated 2025 Third Quart...