UFP Industries Announces Third Quarter Results
UFP Industries, Inc. (UFPI)
Last ufp industries, inc. earnings: 4/22 04:41 pm
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Source: Business Wire
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced third quarter 2024 results including net sales of $1.65 billion, net earnings attributable to controlling interest of $100 million, and earnings per diluted share of $1.64."Our third quarter results were impacted by softer demand and broad-based pricing pressure which reduced our revenue and profit margins. We are managing through these ongoing challenges by operating more efficiently, aligning our overhead with lower demand levels and eliminating unnecessary costs. I am confident our teammates will respond appropriately to the changing economy while enhancing the pursuit of our strategic priorities. While we expect conditions to remain challenging as we move into 2025, we are well positioned to capitalize on opportunities when markets recover and remain on track to achieve our longer-term profitability targets,” said Chairman and CEO Matthew J. Missad.“When the economy slows, it also creates
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UFPI
News
- 3 Reasons to Sell UFPI and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- UFP Industries, Inc. (NASDAQ:UFPI) is largely controlled by institutional shareholders who own 84% of the company [Yahoo! Finance]Yahoo! Finance
- ProWood Partners with Dixieply to Expand Availability of Fire-Retardant Treated Wood Across the Southeast [Yahoo! Finance]Yahoo! Finance
- ProWood Partners with Dixieply to Expand Availability of Fire-Retardant Treated Wood Across the SoutheastBusiness Wire
- UFP Industries, Inc. (NASDAQ: UFPI) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $155.00 price target on the stock.MarketBeat
UFPI
Earnings
- 10/28/24 - Miss
UFPI
Sec Filings
- 11/6/24 - Form 10-Q
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- UFPI's page on the SEC website