---
schema_version: "secwatch.filing_event.v1"
accession: "0000920371-24-000089"
form_type: "8-K"
ticker: "SSD"
cik: "0000920371"
company_name: "Simpson Manufacturing Co., Inc."
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T15:04:28.873100+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Simpson Q1 net sales $530.6M (-0.7% YoY); EPS $1.77 vs $2.05; op margin 18.1%

## Summary
- Net income $75.4M ($1.77 diluted EPS) down from $88.0M ($2.05) a year ago.
- North America volumes +8% lbs shipped, but net sales flat at $406.7M due to price cuts and discount timing.
- Europe net sales fell 3.4% to $119.9M on lower volumes; gross margin slid to 36.4% from 37.5%.
- FY 2024 guidance: operating margin 20.0%-21.5%, capex ~$185M (incl. $105M for facility expansions).
- Consolidated gross margin 46.1% vs 47.3%; operating margin 18.1% vs 22.1%.

## SEC filing metadata
- accession: 0000920371-24-000089
- form_type: 8-K
- ticker: SSD
- cik: 0000920371
- company_name: Simpson Manufacturing Co., Inc.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920371/000092037124000089/0000920371-24-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920371/000092037124000089/ssd-20240422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000920371-24-000089
- JSON: https://secwatch.observer/filing/0000920371-24-000089.json
- Plain text: https://secwatch.observer/filing/0000920371-24-000089.txt

## Key facts
- Earnings Releases
  Simpson Manufacturing Co., Inc. reported the first quarter of 2024 results: revenue $530.6 million, net income $75.4 million, EPS $1.77 per diluted share.
  - Period: the first quarter of 2024
  - Revenue: $530.6 million
  - Net income: $75.4 million
  - EPS: $1.77 per diluted share
  - Result: reported results
  source text: Press Release dated April 22, 2024 SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2024 FIRST QUARTER FINANCIAL RESULTS Pleasanton, CA – April 22, 2024 l Net sales of $530.6 million l Income from operations of $96.1 million l Net income per diluted share of $1.77 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 first quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/920371/000092037124000089/0000920371-24-000089-index.htm

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