---
schema_version: "secwatch.filing_event.v1"
accession: "0000912767-23-000043"
form_type: "8-K"
ticker: "UFPI"
cik: "0000912767"
company_name: "UFP INDUSTRIES INC"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:24:02.921831+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UFP Industries Q3 net sales down 21% to $1.83B, EPS $2.10 (-21% YoY); adjusted EBITDA margin 11.4%

## Summary
- Net sales $1.83B, down 21% YoY (price -12%, organic units -9%).
- Diluted EPS $2.10, down 21% from record Q3 2022; net earnings $134M.
- Adjusted EBITDA $208M (-24% YoY), margin 11.4% (down 40 bp, above minimum target).
- Acquired controlling interest in Palets Suller, Spanish pallet manufacturer, expanding European presence.
- Board declared $0.30 quarterly dividend, payable Dec 15, record Dec 1; $179M left in $200M buyback authorization.

## SEC filing metadata
- accession: 0000912767-23-000043
- form_type: 8-K
- ticker: UFPI
- cik: 0000912767
- company_name: UFP INDUSTRIES INC
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912767/000091276723000043/0000912767-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912767/000091276723000043/ufpi-20231031x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912767-23-000043
- JSON: https://secwatch.observer/filing/0000912767-23-000043.json
- Plain text: https://secwatch.observer/filing/0000912767-23-000043.txt

## Key facts
- Earnings Releases
  UFP INDUSTRIES INC reported third quarter 2023 results: revenue $1.83 billion, net income $134 million, EPS $2.10.
  - Period: third quarter 2023
  - Revenue: $1.83 billion
  - Net income: $134 million
  - EPS: $2.10
  - Result: reported results
  source text: adaptability to internal change and an ability to manage through challenging markets.” Third Quarter 2023 Highlights (comparisons on a year-over-year basis): ● Net sales of $1.83 billion decreased 21 percent due to a 12 percent decrease in prices and a 9 percent decrease in organic unit sales. ● New product sales as a percent of total sales rose to 9.7 percent
  evidence_url: https://www.sec.gov/Archives/edgar/data/912767/000091276723000043/0000912767-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.