Simpson Manufacturing Q3 sales rise 2.3% to $638.1 million; $1.0 billion buyback approved
Simpson Manufacturing reported third-quarter 2026 net sales of $638.1 million, up 2.3%, and diluted earnings per share of $2.68, up 3.9%, while income from operations rose only 0.2%. The company also approved a $1.0 billion share repurchase authorization with no expiration date, replacing a $200.0 million authorization, and updated its 2026 outlook, with management citing a more challenging near-term operating environment and higher steel costs. The filing does not state the prior outlook figures, so the change in guidance cannot be measured against them.
Key points
- Net sales of $638.1 million rose 2.3%; diluted EPS of $2.68 rose from $2.58, up 3.9%.
- Income from operations of $141.0 million rose 0.2%; North America operating income rose 9.5% to $137.0 million, while Europe fell 5.0% to $15.3 million.
- New $1.0 billion repurchase authorization, effective October 22, 2026, supersedes the prior $200.0 million authorization.
- 2026 outlook: consolidated operating margin of 20.0% to 20.5%, including an $11.0 million land sale gain; effective tax rate of 25.0% to 26.0%; capital expenditures of $80.0 million to $90.0 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.