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Dec 31, 2019
Simpson Q4 2019 Earnings Report
Simpson's Q4 2019 earnings were announced, demonstrating year-over-year growth in net sales and net income per diluted common share.
Key Takeaways
Simpson Manufacturing Co., Inc. reported an 8.5% increase in fourth-quarter net sales, reaching $262.5 million, and a 125.0% increase in net income per diluted common share, which amounted to $0.63. The company's focus on cost structure rationalization led to a 100 basis point improvement in total operating expenses as a percentage of net sales.
Net sales increased by 8.5% year-over-year, reaching $262.5 million.
Net income per diluted common share increased by 125.0% year-over-year, amounting to $0.63.
Gross profit margin increased to 41.9% from 40.6%.
Total operating expenses as a percentage of net sales improved by 100 basis points year-over-year.
Simpson
Simpson
Simpson Revenue by Segment
Simpson Revenue by Geographic Location
Revenue by Segment
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
The Company's outlook for the full fiscal year ending December 31, 2020, includes a gross margin estimated to be in the range of approximately 43.5% to 44.5% and an effective tax rate is estimated to be in the range of approximately 25.0% to 26.0%, including both federal and state income tax rates.
Positive Outlook
- Gross margin is estimated to be in the range of approximately 43.5% to 44.5%.
- The effective tax rate is estimated to be in the range of approximately 25.0% to 26.0%, including both federal and state income tax rates.
Revenue & Expenses
Visualization of income flow from segment revenue to net income