Universal Forest Products (UFPI) Tops Q1 EPS by 79c, Revenues Beat

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Go back to Universal Forest Products (UFPI) Tops Q1 EPS by 79c, Revenues Beat

UFP Industries Reports All-time Quarterly Records

April 21, 2021 4:05 PM EDT

GRAND RAPIDS, Mich., April 21, 2021 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $1.83 billion for the first quarter of 2021, a 77 percent increase over the first quarter of 2020, and record net earnings attributable to controlling interest of $103 million, a 157 percent increase over the same period of 2020. The company also reported record EPS of $1.67 per diluted share compared to $0.65 in the first quarter last year. While first quarter performance is typically limited by seasonality, net sales and earnings for the first quarter of 2021 were the highest of any quarter in company... More