Simpson Manufacturing Co. (SSD) Outlines 19.5%-20.5% Operating Margin Target for 2026 Amid Expected Decline in U.S. Housing Starts
Simpson Manufacturing Co., Inc. (SSD) reported Q1 2026 net sales of $588 million, a 9.1% increase from the prior year quarter, driven by 2025 pricing actions and foreign exchange, partially offset by a 1% decline. The company outlined a target operating margin of 19.5%-20.5% for 2026, amid expectations of a low single-digit decline in U.S. housing starts.
Tickers: $SSD
Topics: earnings call foreign exchange management commentary pricing actions sales growth