In its third-quarter 2026 earnings call on October 26, 2026, Simpson (SSD) reported net sales up 2.3% to $638.1 million despite soft residential housing demand. The company is maintaining profitability through pricing power and tight cost controls as steel prices, up over 50% year over year, keep rising, and it plans price increases to protect gross margins. Its board approved a new $1 billion share repurchase authorization with no expiration date on October 22, 2026, superseding a prior $200 million program. Management also introduced a cloud-native software platform for its building component segment, but expects volume to be down slightly for the rest of the year as housing starts decelerate.
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