Universal Forest Products (UFPI) Tops Q2 EPS by 10c, Revenue Light

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UFPI Reports Gains of 19.2 Percent in Net Earnings and 8.5 Percent in Sales for Q2

July 15, 2015 4:05 PM EDT

Sales gains led by industrial; strong gains also in retail and commercial construction/concrete forming

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- Universal Forest Products, Inc. (Nasdaq: UFPI) today reported net earnings of $26.0 million for the second quarter of 2015, up 19.2 percent over net earnings of $21.8 million for the same period of 2014. Second-quarter 2015 diluted earnings per share were $1.28, compared to diluted earnings per share of $1.08 for the second quarter of 2014. Net sales of $838.2 million in the second quarter of 2015 represent an increase of 8.5 percent over net sales of $772.8 for the same period of... More