Universal Forest Products (UFPI) Reports Q1 EPS of 95c

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Go back to Universal Forest Products (UFPI) Reports Q1 EPS of 95c

UFPI Reports Record First Quarter Results

April 20, 2016 4:05 PM EDT

GRAND RAPIDS, Mich., April 20, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced first-quarter net earnings attributable to controlling interest of $19.2 million, up 89 percent over the same period of 2015. Diluted earnings per share were $0.95, compared to $0.51 for the first quarter of 2015. Net sales for the first quarter were $682.2 million, up 7.8 percent over the first quarter of 2015. The net earnings and net sales results are first-quarter records for the Company.

The record-breaking results we have enjoyed since the third quarter of 2015 are a testament to the outstanding efforts of our people... More