UFP Industries (UFPI) Tops Q3 EPS by 38c

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UFP Industries Reports Record Third Quarter Results

October 20, 2021 4:05 PM EDT

Net sales increase 41 percent, earnings increase 57 percent;Quarterly dividend increases by 33% to 20 cents per share

GRAND RAPIDS, Mich., Oct. 20, 2021 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced net sales of $2.1 billion for the third quarter of 2021, a 41 percent increase over the third quarter of 2020, and net earnings attributable to controlling interest of $121 million, a 57 percent increase over the same period of 2020. The company also reported EPS of $1.93 per diluted share compared to $1.25 in the third quarter last year.

Our outstanding third-quarter results... More