Universal Forest Products is a leading manufacturer and distributor of wood and wood-related products, primarily serving the retail, construction, and industrial markets
The company specializes in providing innovative solutions that cater to a diverse range of applications, including outdoor living spaces, packaging, and manufactured housing. By leveraging sustainable practices and efficient production techniques, Universal Forest Products aims to meet the evolving demands of its customers while promoting environmental responsibility in the forestry and manufacturing sectors.
UFP Packaging, a subsidiary of UFP Industries (Nasdaq: UFPI), expanded its U.S. manufacturing footprint by opening a new 165,000-square-foot corrugated facility in Jeffersonville, Ind., that will continue to undergo advancement and expansion throughout 2025. The latest expansion features advanced graphics and production capabilities for retail and e-commerce markets.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
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Building materials manufacturer UFP Industries (NASDAQUFPI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 4.1% year on year to $1.46 billion. Its GAAP profit of $1.12 per share was 9.3% below analysts’ consensus estimates.
UFP Industries, Inc. (Nasdaq: UFPI) today announced fourth quarter 2024 results including net sales of $1.46 billion, net earnings attributable to controlling interest of $68.0 million, and earnings per diluted share of $1.12. The company also announced net sales of $6.7 billion and earnings per diluted share of $6.77 for fiscal 2024. These results include the impact of impairment charges and severances of approximately $0.11 per diluted share (net of income taxes) associated with ongoing actions to reduce capacity and personnel costs due to lower overall market demand, and a gain on the sale of real estate of approximately $.03 per diluted share (net of income taxes).
UFP Industries (Nasdaq: UFPI) marks 70 years in business on February 9, never failing to turn a profit in each of them. Founded in 1955, its leaders say the keys to success in all these years are its ability to recruit and retain high-achieving employees, its down-to-earth company culture and its unique incentive system that aligns employee interests with shareholders.
UFP Industries (Nasdaq: UFPI) will announce fourth quarter 2024 results on Monday, February 17, 2025. The company will host a conference call to discuss these results on Tuesday, February 18, 2025, at 9 a.m. Eastern Time.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Tecnoglass (NYSETGLS) and the rest of the building materials stocks fared in Q3.
Let’s dig into the relative performance of Vulcan Materials (NYSEVMC) and its peers as we unravel the now-completed Q3 building materials earnings season.
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama. The company had trailing 12-month sales through November 2024 of $24.8 million. C&L will operate as part of UFP Packaging’s PalletOne business unit, a top manufacturer of machine-built pallets in the U.S.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the building materials industry, including Carlisle (NYSECSL) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Resideo (NYSEREZI) and the best and worst performers in the building materials industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Valmont (NYSEVMI) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the building materials stocks, including UFP Industries (NASDAQUFPI) and its peers.
UFP Industries trades at $130.40 per share and has moved in lockstep with the market. It has returned 8.2% over the last six months while the S&P 500 has gained 11.7%.
Looking back on building materials stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Armstrong World (NYSEAWI) and its peers.
