UFP Industries Q1 net sales $1.82B (-27% YoY), diluted EPS $1.98 (-34% YoY)

UFP INDUSTRIES INC

2023-Q1 EPS reported $1.98 revenue$1,822,476,000

Net sales $1.82B, down 27% YoY; diluted EPS $1.98 down 34%; net earnings $126M.
Adjusted EBITDA $202M (-31%), margin 11.1% vs 11.7% last year.
UFP Retail Solutions sales $749.6M (-25%), UFP Packaging $486.6M (-20%), UFP Construction $515.6M (-34%).
New product sales $167M (-10%) but rose to 9.1% of total sales from 7.4%.
Net surplus cash $145.3M; repurchased 451k shares for $35.3M; $0.25 dividend payable June 15.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UFP INDUSTRIES INC reported first quarter 2023 results: revenue $1.82 billion, net income net earnings attributable to controlling interest of $126 million, EPS $1.98.

Period: first quarter 2023
Revenue: $1.82 billion
Net income: net earnings attributable to controlling interest of $126 million
EPS: $1.98
Result: reported results

Exact text from the filing

UFP Industries Announces First Quarter Results Net sales of $1.82 billion, diluted EPS of $1.98

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

UFP INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000912767-23-000013

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