SSD · Simpson Manufacturing Q2 FY2026 earnings call record财报电话会记录

“Over the last 12 months, our global volumes declined by 1.6%, 100 basis points below the 0.6% decline in U.S.”

“Of note, we exited some business in 2025 which negatively impacted our global year-over-year volume comparisons by 30 basis points on a trailing 12-month basis and 70 basis points in Q2 2026.”

“Results across North America varied by market segment and region, consistent with the broader construction trends.”

“We also continued to strengthen our mass timber opportunity pipeline through project specifications, project wins, and target investments and resources that support our long-term growth objectives.”

“Our residential business volumes were down modestly year-over-year, reflecting continued softness in housing activity as a result of persistent affordability pressures.”

“In our commercial business, second quarter volumes were down modestly year-over-year, reflecting mixed construction activity across segments and geographies.”

“In Europe, second quarter net sales totaled $143.5 million, up 7.6% year-over-year, driven by an approximate 3% year-over-year increase in volumes, price increases, and foreign currency translation.”

“Europe delivered a 7.6% increase in net sales to $143.5 million, driven by both higher volumes and price increases, as well as the positive effect of approximately $3.7 million in favorable foreign currency translation.”

“In North America, gross margin was 50.2%, up from 49.5% reported in the prior year, reflecting the impact from our 2025 price increases and our prior year strategic cost savings effort.”

“On a segment basis, selling expenses in North America were down 10%, and in Europe they were up 4.2%.”

“Year-to-date, we invested $33.7 million in capital expenditures, returned $23.9 million in dividends to our stockholders.”

“Roughly 100 basis points from the gross margin, call it absorption and efficiency and having the better volumes, a little bit better volume, than maybe what we had last quarter and being roughly flat on volume.”