UFP Industries (UFPI) Tops Q2 EPS by 75c

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Go back to UFP Industries (UFPI) Tops Q2 EPS by 75c

UFP Industries Reports Record Second Quarter Results

July 21, 2022 4:05 PM EDT

GRAND RAPIDS, Mich., July 21, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.9 billion and net earnings attributable to controlling interests of $203 million for the second quarter of 2022. The company also reported record earnings per diluted share of $3.23, a 16 percent increase over the second quarter of 2021.

I want to thank our hard-working teammates for delivering another outstanding, record-breaking quarter. Our construction and industrial business segments performed very well, and our retail segment, which is most adversely impacted by rapidly falling lumber prices, managed this challenge and... More