---
schema_version: "secwatch.filing_event.v1"
accession: "0000920371-23-000086"
form_type: "8-K"
ticker: "SSD"
cik: "0000920371"
company_name: "Simpson Manufacturing Co., Inc."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T20:54:52.111057+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Simpson Manufacturing Q1 revenue up 8.3% to $534.4M; diluted EPS down 6% to $2.05

## Summary
- Net sales $534.4M (+8.3% YoY); North America -7.4% to $406.3M, Europe +141.4% to $124.2M (ETANCO contributed $80.0M).
- Diluted EPS $2.05 (-6.0% from $2.18); operating income $118.4M (-4.9% from $124.4M).
- Operating margin 22.1% (down from 25.2%); gross margin 47.3% (down from 48.0%).
- Updated FY2023 outlook: operating margin 19%-21%; capex $90-95M; effective tax rate 25-26%.
- Cash from operations dropped to $3.1M from $44.7M due to working capital increases.

## SEC filing metadata
- accession: 0000920371-23-000086
- form_type: 8-K
- ticker: SSD
- cik: 0000920371
- company_name: Simpson Manufacturing Co., Inc.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920371/000092037123000086/0000920371-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920371/000092037123000086/ssd-20230424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000920371-23-000086
- JSON: https://secwatch.observer/filing/0000920371-23-000086.json
- Plain text: https://secwatch.observer/filing/0000920371-23-000086.txt

## Key facts
- Earnings Releases
  Simpson Manufacturing Co., Inc. reported the quarter ended March 31, 2023 results: revenue $534.4 million, net income $88.0 million, EPS $2.05 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $534.4 million
  - Net income: $88.0 million
  - EPS: $2.05 per diluted share
  - Result: reported results
  source text: (EX-99.1) --- Press Release dated April 24, 2023 SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2023 FIRST QUARTER FINANCIAL RESULTS Pleasanton, CA – April 24, 2023 l Net sales of $534.4 million increased 8.3% year-over-year l Income from operations of $118.4 million decreased 4.9% year-over-year l Diluted earnings per share of $2.05 decreased 6.0% year-over-year Simpson
  evidence_url: https://www.sec.gov/Archives/edgar/data/920371/000092037123000086/0000920371-23-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.