---
schema_version: "secwatch.filing_event.v1"
accession: "0000912767-24-000010"
form_type: "8-K"
ticker: "UFPI"
cik: "0000912767"
company_name: "UFP INDUSTRIES INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:15:50.537354+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UFP Industries Q1 sales down 10% to $1.64B; EPS $1.96, in line with expectations

## Summary
- Net sales $1.64B, down 10% YoY driven by 9% price decline and 1% organic unit sales drop.
- Net earnings $121M; diluted EPS $1.96.
- Adjusted EBITDA $181M, down 10% YoY; margin 11%, down 10 basis points.
- New product sales $124M, 7.6% of total sales (vs 7.4% prior year).
- CEO reaffirms investment in automation, consolidation, share repurchases, and dividend payouts.

## SEC filing metadata
- accession: 0000912767-24-000010
- form_type: 8-K
- ticker: UFPI
- cik: 0000912767
- company_name: UFP INDUSTRIES INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912767/000091276724000010/0000912767-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912767/000091276724000010/ufpi-20240430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912767-24-000010
- JSON: https://secwatch.observer/filing/0000912767-24-000010.json
- Plain text: https://secwatch.observer/filing/0000912767-24-000010.txt

## Key facts
- Earnings Releases
  UFP INDUSTRIES INC reported first quarter 2024 results: revenue $1.64 billion, net income $121 million, EPS $1.96.
  - Period: first quarter 2024
  - Revenue: $1.64 billion
  - Net income: $121 million
  - EPS: $1.96
  - Result: reported results
  source text: UFP Industries, Inc. (Nasdaq: UFPI) today announced first quarter 2024 results including net sales of $1.64 billion, net earnings attributable to controlling interests of $121 million, and earnings per diluted share of $1.96.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912767/000091276724000010/0000912767-24-000010-index.htm

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