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0 0 0.00127635046113308 0.00127635046113308 0.00148221343873523 0.00683465085639009 0.000988142292490156 -0.00123517786561258
Stock impact report

UFP Industries (UFPI) Down 8.3% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]

UFP Industries, Inc. (UFPI) 
Last ufp industries, inc. earnings: 4/22 04:41 pm Check Earnings Report
US:NASDAQ Investor Relations: ufpinvestor.com
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is UFP Industries due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. UFP Industries Q2 Earnings & Net Sales Beat, Down Y/Y UFP Industries reported impressive results for the second quarter of 2024. Both earnings and net sales surpassed the Zacks Consensus Estimate. The top and bottom lines, however, declined on a year-over-year basis due to lower contributions from Retail and Packaging businesses. The company remains focused on its long-term expansion plans and improvement strategies amid a weaker environment and near-term softness in demand. These efforts are investments in automation and consolidating operations to eliminate redundancies, as well as reduce costs and enhance the profitability of its facilities. Earnings & Revenue Discuss Show less Read more
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