Simpson Manufacturing Co., Inc. reported strong first-quarter 2025 financial results, with net sales increasing 1.6% year-over-year to $538.9 million. Income from operations rose 6.5% to $102.3 million, achieving an operating income margin of 19.0%. Diluted earnings per share (EPS) for the quarter were $1.85, a 4.5% increase from the prior year, exceeding expectations.
The company's North America volume performance continued to outpace the market, exceeding U.S. housing starts by approximately 420 basis points over the trailing twelve months. To mitigate rising material and non-material costs, including those related to tariffs, Simpson Manufacturing implemented price increases across its U.S. product lines, effective June 2nd. These actions are aimed at maintaining gross margins and supporting selective investments.
Simpson Manufacturing reaffirmed its 2025 financial outlook, projecting a consolidated operating margin in the range of 18.5% to 20.5%. The company also announced the repurchase of $25.0 million in common stock during the quarter, with approximately $75.0 million remaining under its $100.0 million share repurchase authorization. Capital expenditures are estimated between $150.0 million and $170.0 million for the full year, including significant investments in the Columbus, Ohio, and new Gallatin, Tennessee, facilities.
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