Universal Forest Products (UFPI) Tops Q1 EPS by 8c

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Go back to Universal Forest Products (UFPI) Tops Q1 EPS by 8c

UFPI First Quarter Net Earnings Up 41 Percent

April 15, 2015 4:05 PM EDT

Net sales up more than 14 percent, led by significant gains in industrial

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced first quarter earnings attributable to controlling interest of $10.2 million, up 41.0 percent over same period of 2014. Diluted earnings per share were $0.51, compared to $0.36 for the first quarter of 2014. Net sales for the first quarter were $633.0 million, up 14.3 percent over the first quarter of 2014.

Each of the Companys three markets showed sales increases, led by significant gains in industrial. The overall sales... More