UFP Industries (UFPI) Tops Q4 EPS by 22c

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UFP Industries Announces Fourth Quarter and Fiscal 2022 Results

February 21, 2023 4:05 PM EST

Full year net sales increase 11 percent and earnings per share increase 28 percent

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- UFP Industries, Inc. (Nasdaq: UFPI) today announced net sales of $1.9 billion, net earnings attributable to controlling interest of $133 million, and earnings per diluted share of $2.10 for the fourth quarter of 2022. The company also announced a record $9.6 billion in net sales for fiscal 2022, an 11 percent increase over 2021, and record 2022 earnings per diluted share of $10.97, a 28 percent increase over the previous year.

As we celebrate record results for 2022, we also turn toward a... More