earnings
confidence high
sentiment positive
materiality 0.80
Simpson Mfg Q2 net sales $593.2M (+44.6% YoY); EPS $2.16 (+30.1% YoY)
Simpson Manufacturing Co., Inc.
2022-Q2 EPS reported
$4.34
revenue$1,086,802,000
- Consolidated net sales $593.2M, up 44.6% from $410.3M; North America net sales $456.4M, up 30.2%.
- Diluted EPS $2.16 vs $1.66; net income $93.6M vs $72.5M.
- ETANCO acquisition contributed $80.3M in net sales; integration costs $5.9M in Q2.
- Updated FY2022 outlook: operating margin 19-21%; interest expense ~$10.4M; capex $80-90M.
- Repurchased 260,285 shares for $25.0M in Q2; $53.7M remaining under $100M authorization.