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

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

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