secwatch.observer — SEC 8-K summary
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Issuer:     UFP INDUSTRIES INC (UFPI)
CIK:        0000912767
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000912767-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UFP Industries reports record FY2022 net sales of $9.6B, EPS up 28% to $10.97; Q4 sales down 5%
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- Q4 net sales $1.91B (-5% YoY); diluted EPS $2.10; adjusted EBITDA $213M, margin 11.1%.
- FY2022 record net sales $9.63B (+11%); diluted EPS $10.97 (+28%); adjusted EBITDA $1.1B (+32%).
- New product sales $736M (+53%); acquisitions contributed $25.5M to adjusted EBITDA.
- Board approved $0.25 quarterly dividend (payable Mar 15, record Mar 1); $95.8M share repurchases in 2022.
- Segment outlook: housing starts expected down 15-20% in 2023; retail unit sales flat; packaging flat to slightly down.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912767/000091276723000005/0000912767-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912767/000091276723000005/ufpi-20230221x8k.htm
  HTML page:      https://secwatch.observer/filing/0000912767-23-000005

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