Universal Forest Products (UFPI) Tops Q1 EPS by 11c

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UFPI posts record first-quarter earnings and sales

April 18, 2018 4:05 PM EDT

GRAND RAPIDS, Mich., April 18, 2018 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq: UFPI) today reported record financial results for the first quarter ended March 31, 2018, the eleventh consecutive quarter in which the company has reported records in both net sales and net earnings.

The dedicated employees of Universal continued to produce record results despite some weather-related shutdowns. Their performance reflects the strength of our balanced business model and focused approach to growth, said CEO Matt Missad. Due to the elevated level of the lumber market, we are focused on unit sales... More