UFP Industries (UFPI) Tops Q4 EPS by $1.01

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Go back to UFP Industries (UFPI) Tops Q4 EPS by $1.01

UFP Industries Reports Record Earnings for Fourth Quarter and Year

February 16, 2022 4:05 PM EST

-- Unit sales increase 25 percent and diluted EPS increases 117 percent in Q4; board increases share buyback authorization

GRAND RAPIDS, Mich., Feb. 16, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the fourth quarter and fiscal year 2021. The company, which passed $8.6 billion in net sales for fiscal 2021, also reported record earnings per diluted share of $8.59, a 115 percent increase over the previous year. During the fourth quarter of fiscal 2021, net sales were $2 billion, a 45 percent increase over the fourth quarter of 2020, while... More