Simpson Manufacturing reports Q1 EPS $2.13, consensus $1.84

Reports Q1 revenue $588.0M, consensus $552.36M. “Simpson delivered a solid first quarter with net sales up 9.1% year-over-year to $588.0 million and operating margin improvement of 50 basis points to 19.5%,” said CEO Mike Olosky. “Net sales growth was primarily driven by our 2025 pricing actions which contributed approximately 6%. Foreign exchange added an additional 3%, partially offset by a 1% decline in volume tied to softer housing start activity. Additionally, the cost savings initiatives we implemented last year contributed to improved operating income. I want to thank our team at Simpson for maintaining strong cost discipline throughout the quarter. While Q1 was a solid start to the year, revenue growth is expected to moderate throughout the remainder of 2026, reflecting the timing of 2025 price increases and lower volumes amid challenging market conditions. Even with a more cautious view of housing activity, our full year financial outlook remains intact. Our teams continue to execute well, and we remain focused on driving disciplined, profitable growth consistent with our financial ambitions.”