Universal Forest Products (UFPI) Tops Q2 EPS by 50c, Revenues Beat

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Go back to Universal Forest Products (UFPI) Tops Q2 EPS by 50c, Revenues Beat

UFP Industries Reports Record Net Earnings for Second Quarter

July 22, 2020 4:11 PM EDT

GRAND RAPIDS, Mich., July 22, 2020 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net earnings attributable to controlling interest of $66.5 million for the second quarter of 2020, as well as record EPS of $1.08 per diluted share, a 23 percent increase over the same period of 2019.

I am very grateful that our operations were deemed essential and we were able to continue to serve customers during the second quarter, said CEO Matthew J. Missad. I am also grateful to our customers, many of whom continued to operate by finding new ways to serve the... More