UFPI

It has been about a month since the last earnings report for UFP Industries (UFPI). Shares have lost about 1% in that time frame, underperforming the S&P 500. But investors have to be wondering, 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 its most recent earnings report in order to get a better handle on the important drivers. UFP Industries reported better-than-expected second-quarter 2026 results, with earnings and net sales beating the Zacks Consensus Estimate. Net sales increased year over year, while earnings declined from the prior-year quarter.Growth in Deckorators, Structural Packaging, Protective Packaging, Concrete Forming and Commercial offset weaker volumes in PalletOne and businesses exposed to new residential construction. Sales benefited from 1% organic unit growth and a 2% acquisition contribution, marking UFPI’s first positive year-over-year organic growth since third-quarter 2022. Adjusted EPS of $1.48 beat the Zacks Consensus Estimate of $1.44 by 2.8%. Earnings declined 12.9% from $1.70 in the year-ago quarter as elevated transportation costs pressured profitability.Quarterly net sales increased 2.6% year over year to $1.88 billion and surpassed the consensus mark of $1.81 billion by 4%. Organic unit growth returned after an extended contraction, while strong decking demand drove the Surestone backlog to approximately $30 million. Retail sales increased 3.9% year over year to $818.7 million. Selling prices rose 3% and acquisitions contributed 2%, partly offset by a 1% decline in organic units. Adjusted EBITDA was nearly unchanged at $63.9 million, while the margin declined to 7.8% from 8.1%.Deckorators’ organic unit sales grew 9%. Surestone decking sales increased 37%, while traditional wood-plastic composite decking sales surged 85%. The MoistureShield acquisition contributed 51 percentage points to wood-plastic composite growth. ProWood organic units declined 1%, UFP Edge units fell 17% and railing sales decreased 17%. Packaging sales climbed 6.9% to $458.2 million, reflecting 4% organic unit growth and a 4% acquisition contribution, partly offset by a 1% pricing decline. Structural Packaging organic units increased 8%, supported by new customer wins.Protective Packaging organic units rose 15% as newer operations increased production. PalletOne organic units declined 3%, though acquisitions added 12% to its unit sales. Segment adjusted EBITDA dropped 28% to $27.9 million, with the margin contracting to 6.1% from 9.1% due to freight inflation, PalletOne pricing pressure and greenfield startup costs. Construction sales declined 4.5% to $526.8 million. Organic units fell 2%, selling prices decreased 3% and acquisitions contributed 1%. Adjusted EBITDA dropped 20.7% to $36 million, with the margin declining to 6.8% from 8.2%.Site-Built organic units fell 3% amid housing affordability challenges and competitive pricing. Factory-Built units declined 6%, primarily because UFPI exited certain lower-margin commodity sales. Conversely, Commercial sales grew 11% and Concrete Forming organic units increased 6%, reflecting improved demand and market-share gains. Gross profit declined to $290.2 million from $312.7 million, while gross margin contracted to 15.4% from 17%. Selling, general and administrative expenses increased slightly to $185.7 million from $185 million.Adjusted EBITDA fell 11.3% to $154.5 million, with the corresponding margin shrinking to 8.2% from 9.5%. Transportation costs increased $27 million year over year, net of fuel surcharges and pricing actions, and represented an additional 1.6% of sales. Spot freight rates rose more than 30% during the quarter before stabilizing at elevated levels. Cash and cash equivalents were $597.3 million at the end of second-quarter 2026, down from $841.9 million a year earlier. The current liquidity level remains strong, with total liquidity of approximately $1.9 billion. The company had no outstanding borrowings under its revolving credit facility. Long-term debt and finance lease obligations were nearly flat at $228.8 million compared with $229.2 million a year ago. During the first half of 2026, UFPI repurchased nearly $142 million of shares at an average price of $84.95. The board declared a quarterly dividend of 36 cents per share, reflecting a 3% year-over-year increase. The company also completed the MoistureShield, John Rock and Berry Pallets acquisitions for a combined $122 million. Management maintained its full-year outlook but expects demand to be toward the lower end of its previous forecast for flat to slightly lower unit sales in each segment. Residential construction demand is expected to remain challenging, while transportation and energy costs are likely to stay elevated.UFPI’s long-term targets remain unchanged. The company aims to achieve 7-10% annual unit sales growth, including bolt-on acquisitions, with at least 10% of sales coming from new products. It also targets a 12.5% adjusted EBITDA margin, returns on new investments above its hurdle rate and a conservative capital structure.UFPI remains on track to deliver at least the remaining $25 million under its $60 million cost-reduction program. The company also continues to target $100 million of combined decking and railing sales growth in 2026, supported by capacity improvements, wider distribution and strong customer demand. In the past month, investors have witnessed a flat trend in estimates review. The consensus estimate has shifted -7.59% due to these changes. Currently, UFP Industries has a subpar Growth Score of D, a grade with the same score on the momentum front. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. UFP Industries has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UFP Industries, Inc. (UFPI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

UFP Industries (UFPI) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.7 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.78%. A quarter ago, it was expected that this wood and materials provider for the construction industry would post earnings of $1.15 per share when it actually produced earnings of $0.89, delivering a surprise of -22.61%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. UFP Industries, which belongs to the Zacks Building Products - Wood industry, posted revenues of $1.88 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.99%. This compares to year-ago revenues of $1.84 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. UFP Industries shares have lost about 0% since the beginning of the year versus the S&P 500's gain of 8.5%. While UFP Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for UFP Industries was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.30 on $1.58 billion in revenues for the coming quarter and $4.57 on $6.21 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Wood is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Weyerhaeuser (WY), has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30. This timber and paper products company is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -33.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Weyerhaeuser's revenues are expected to be $1.79 billion, down 4.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UFP Industries, Inc. (UFPI) : Free Stock Analysis Report Weyerhaeuser Company (WY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in UFP Industries, Inc.? Here are five stocks we like better. Q2 sales rose 3% to $1.88 billion, supported by acquisitions and 1% organic unit growth, but adjusted EBITDA fell to $154 million as freight costs increased sharply and margins contracted to 8.2%. Retail and packaging delivered growth, led by Deckorators decking and stronger structural and protective packaging demand. However, construction sales declined 4%, with site-built housing remaining UFP’s most challenged business. UFP invested $122 million in acquisitions, repurchased $142 million of shares year to date and maintained its full-year outlook, though management expects second-half demand near the lower end of previous guidance and elevated freight and energy costs to persist. These 3 Wood Stocks are about to go on Discount UFP Industries (NASDAQ:UFPI) reported second-quarter 2026 net sales of $1.88 billion, up 3% from $1.84 billion a year earlier, as acquisitions and modest organic unit growth helped offset continued softness in several end markets. However, a sharp increase in flatbed transportation costs weighed on profitability, with adjusted EBITDA declining to $154 million from $174 million in the prior-year period. President and Chief Executive Officer Will Schwartz said the company’s 1% organic volume growth marked its first quarter of positive year-over-year organic growth since the third quarter of 2022. Acquisitions added another 2% to overall volume growth, while pricing was flat overall. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now “Our positive organic growth at the consolidated level is an important milestone,” Schwartz said, citing product innovation, portfolio diversification and execution across the company. He said UFP remains focused on investing in higher-margin core businesses, pursuing disciplined acquisitions, expanding brand awareness, increasing value-added product sales and improving operations. Chief Financial Officer Mike Cole said higher flatbed transportation costs were the sole driver of the company’s year-over-year adjusted EBITDA decline. Adjusted EBITDA margin fell to 8.2% from 9.5% a year earlier. → 3 Value ETFs to Consider as Growth Stocks Lag Behind Transportation costs, net of fuel surcharges, increased $27 million year over year, or 1.6% of net sales. Spot rates rose more than 30% during the quarter excluding fuel, as carrier capacity tightened amid regulatory changes and stronger enforcement in the transportation market. Schwartz said the rate increase was more rapid and severe than the company experienced during the COVID-19 period. Rates have since stabilized, but at elevated levels that management expects to persist for the foreseeable future. UFP is working to adjust pricing where appropriate and pursue operating efficiencies to limit the impact. → 5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest? Cole said the second quarter would likely represent the most difficult period for transportation-cost increases, because of UFP’s seasonal reliance on spot-market capacity. He expects the 1.6% sales impact to decline through the second half as the company relies less on the spot market and passes some higher costs to customers. Retail sales rose 4% to $819 million. The increase reflected 3% higher pricing and a 2% contribution from acquisitions, partly offset by a 1% organic unit decline. Retail adjusted EBITDA was flat from a year earlier, as favorable lumber-price trends, product mix, productivity gains and restructuring at Edge offset higher transportation expenses. Deckorators recorded 9% unit growth and continued to outpace its market, while ProWood units declined 1% and Edge units fell 17% amid ongoing restructuring. Decking sales increased 59%, including 37% growth in mineral-based Surestone products and 85% growth in wood-plastic composite products. The MoistureShield acquisition contributed 51% of wood-plastic composite growth and 23% of total composite decking growth, Cole said. The company also saw improved production throughput at its Selma and Buffalo facilities. Still, demand exceeded current output capacity, leaving a $30 million Surestone backlog at quarter-end. Schwartz said UFP expects to reduce that backlog as capacity optimization progresses during the year and remains on track to deliver $100 million in decking sales growth in 2026, excluding MoistureShield. The company’s $30 million advertising program has more than doubled sample orders, website traffic and other metrics since its launch, according to Schwartz. UFP also launched Arris trim, which uses Surestone technology, in mid-July. The company said customer feedback has been positive. Separately, it continues to expand distribution of the TrueFrame joist product through ProWood. Packaging sales increased 7% to $458 million, driven by 4% organic unit growth and a 4% contribution from acquisitions. Structural packaging volume rose 8% on customer wins, PalletOne volume increased 9% with support from acquisitions, and protective packaging volume grew 15% as new Indiana and Nevada facilities increased production. Packaging adjusted EBITDA declined $11 million to $28 million, primarily because of higher transportation costs. The segment also faced material-cost pressure and competitive pricing in PalletOne, along with unabsorbed overhead at protective-packaging greenfield facilities. Schwartz said the company is gaining traction with national structural-packaging customers, supported by its design, engineering and geographic capabilities. In response to an analyst question, he said national-account business rose about 25% in the quarter and is more contract-based and less transactional than smaller customer relationships. Construction sales declined 4% to $523 million, reflecting a 3% decrease in selling prices and a 2% decline in organic units. Site-built organic units fell 3% as new residential construction remained soft, while factory-built units decreased 5%, partly due to the planned exit of lower-margin commodity sales. Commercial and concrete-forming businesses provided areas of strength, with volume growth of 11% and 6%, respectively. Construction adjusted EBITDA fell $9 million to $36 million, due to pricing and market pressure in site-built operations as well as higher freight costs. Management said multifamily trends improved and contributed to higher year-over-year backlog, though Schwartz characterized site-built construction as the company’s “most challenged business” and its least clear outlook area. UFP invested $122 million during the quarter to acquire MoistureShield, Berry Pallets and John Rock. Schwartz said the acquisitions add geographic coverage, service capability and capacity. The company expects MoistureShield to operate under the Deckorators brand and said it is making investments in the acquired Arkansas facility. The company ended June with nearly $600 million in cash, no revolver borrowings and approximately $1.9 billion of total liquidity. It repurchased $142 million of shares year to date at an average price of $84.95 and said its board approved a quarterly dividend of $0.36 per share, up 3% from a year earlier. UFP reduced its planned 2026 capital-project spending to between $175 million and $200 million, including about $75 million of maintenance spending. Cole said the reduction from the original plan reflects a greater emphasis on acquisitions to add capacity and the deferral of some projects until market conditions improve. The company maintained its full-year outlook but now expects demand in the second half to fall toward the lower end of prior guidance, which called for flat to slightly down unit expectations in each segment. Management expects elevated energy and freight costs to continue, while stabilization in certain businesses and market-share gains could help offset weakness in new residential construction and pallet production. UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions. With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "UFP Industries Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

GRAND RAPIDS, Mich., July 29, 2026 /PRNewswire/ -- UFP Industries, Inc. (Nasdaq: UFPI) a leading manufacturer focused on delivering value-added products across its Retail, Packaging, and Construction segments reported results for the second quarter 2026. Net Sales of $1.88 billion increased by 3 percent compared to $1.84 billion a year ago due to a 1 percent increase in organic units (excluding growth from acquisitions within the last 12 months) and a 2 percent increase due to acquisitions. Diluted earnings per share of $1.48 compared to $1.70 a year ago, and Net Earnings Attributable to Controlling Interests of $83 million compared to $101 million a year ago. Earnings were primarily impacted by higher freight costs while a weaker residential construction market was offset by improvements in other business units. Adjusted EBITDA1 was $154.5 million in the quarter, or 8.2 percent of net sales compared to $174.1 million, or 9.5 percent of net sales a year ago, as transportation costs increased by 1.6 percent as a percent of net sales. Cash flows from operating activities in the first six months of 2026 was $61 million. Cash used to invest in seasonal working capital requirements during the first six months totaled almost $170 million and is expected to be converted to cash by the beginning of the fourth quarter. Free cash flow1 of $198 million for the first six months of 2026 was used to repurchase nearly $142 million of our shares. Will Schwartz, President and CEO of UFP Industries, commented, "As we've discussed in prior quarters, we are seeing stabilization across the majority of our portfolio, and we believe our second quarter results reflect the progress we have made to strengthen our business and structurally improve our operations. The business environment remains challenging with geopolitical tensions, a weak housing market, rising input costs, and most recently, elevated transportation costs. We are actively managing these short-term disruptions while investing in initiatives that will improve our margin profile and drive above-market growth over the long term. We remain focused on the factors under our control and we are on track to deliver the remaining $25 million or more from our initial $60 million cost out program by year end. We also continue to strengthen our core businesses through organic investments and strategic M&A, positioning the company for long-term growth and returns as markets recover." Schwartz continued, "Our balanced approach to our business has helped us navigate this uncertain environment while driving strong performance relative to market conditions. We continue to invest strategically by expanding geographically, improving operational efficiencies, and introducing innovative value-added products. To that point, the investments we've made to grow our Surestone products helped sales increase 37 percent from year ago levels, and our backlog remains robust. We also completed three acquisitions in the quarter that complement our core business and our M&A pipeline remains active. We will continue to make these investments in a targeted manner, while returning more of our free cash flow to shareholders through dividends and share repurchases. With $1.9 billion in liquidity at quarter end, we are confident in our ability to create shareholder value through prudent capital allocation." Second Quarter 2026 Highlights UFP Consolidated Net sales increased 3 percent in the quarter, driven primarily by acquisitions, as well as organic volume improvements in our Deckorators, Structural Packaging, Protective Packaging, Concrete Forming, and Commercial business units. Freight costs as a percent of net sales have increased by 1.6 percent, or $27 million, net of fuel surcharges and price adjustments, compared to year ago levels. The increase was driven by higher market-based transportation rates as a result of tightening industry capacity and elevated fuel costs. Freight spot rates rose over 30 percent during the quarter, surpassing the rate of increase experienced during the COVID period, before stabilizing at an elevated level toward the end of the quarter. Industry-wide changes resulted in constrained carrier capacity, as smaller carriers have exited the market, which contributed to the higher rates. New product sales were 8.4 percent of total net sales compared to 6.5 percent a year ago, highlighting continued progress in expanding the portfolio of higher value-added products. UFP Retail ProWood organic unit sales declined 1 percent in the quarter from year ago levels, reflecting weaker consumer sentiment amid continued macroeconomic and geopolitical uncertainty. However, there have been favorable impacts from volume since the first quarter of 2026, reflecting gradually improving demand. Deckorators' organic unit sales grew 9 percent in the quarter from year ago levels. Our Surestone decking sales increased 37 percent and our traditional wood plastic composite decking increased 85 percent, partially offset by railings which declined 17 percent, from the same quarter a year ago. Our current backlog of ordered but unshipped Surestone decking is approximately $30 million as we continue to make progress optimizing capacity. The MoistureShield acquisition contributed a 51 percent increase in wood plastic composite decking sales. UFP Edge organic unit sales declined 17 percent due to the closure of the Bonner facilities at the end of 2025 and rationalizing the product portfolio to those that can achieve profitability targets. Adjusted EBITDA was unchanged in the quarter from year ago levels primarily due to higher transportation costs that were $17 million higher than last year. In the quarter, we were able to offset these headwinds through improved gross profits in Prowood from more favorable lumber price trends, UFP Edge from the restructuring of this business unit, and Deckorators primarily from favorable increases in volume. UFP Packaging Structural Packaging organic unit sales grew 8 percent in the quarter compared to year ago levels. PalletOne organic unit sales declined 3 percent in the quarter from year ago levels due to weaker demand, which was offset by a 12 percent contribution from acquisitions. Protective Packaging organic unit sales increased 15 percent in the quarter from a year ago levels as a result of the Jeffersonville, Indiana facility, which became fully operational in the third quarter of 2025. Adjusted EBITDA declined 28 percent in the quarter from year ago levels primarily due to higher transportation costs in each business unit, lower gross profits in PalletOne, and startup costs associated with new greenfield locations in Protective Packaging. UFP Construction Site Built organic unit sales declined 3 percent in the quarter from year ago levels reflecting softer demand driven by affordability challenges and economic uncertainty, which resulted in lower housing starts. Factory Built organic unit sales declined 6 percent in the quarter from year ago levels due to the loss of lower margin commodity sales, partially offset by a 1 percent contribution from acquisitions. Industry production has declined by 8 percent. Concrete Forming Solutions' organic unit sales grew 6 percent in the quarter from year ago levels driven by market share gains associated with value-added product sales. Commercial organic sales grew 11 percent in the quarter from year ago levels as overall demand has improved and as the business unit continues to gain market share. Adjusted EBITDA declined 21 percent in the quarter from year ago levels primarily due to lower gross profits in Site Built from macroeconomic pressures and competitive pricing, partially offset by improved gross profits in Commercial and Concrete Forming. Capital Structure, Leverage and Liquidity Information UFP Industries maintains a strong balance sheet and as of June 27, 2026, had liquidity of approximately $1.9 billion consisting of over $597 million of Cash and cash equivalents and $1.3 billion of remaining availability under its revolving credit facility and a shelf agreement with certain lenders. The company's return-focused approach to capital allocation includes the following: Organic Growth. The company invests in organic growth opportunities when acquisition targets are not available at valuations that will allow us to meet or exceed targeted return rates. The company expects to invest approximately $175 million to $200 million on capital projects for the balance of 2026. Acquisitions and Inorganic Growth. During the second quarter, the company closed three transactions, expanding production capacity and expanding its geographic reach in its core businesses. Dividend Payments. On July 22, 2026, the Board declared a quarterly cash dividend of $0.36 per share. This dividend is payable on September 15, 2026, to shareholders of record on September 1, 2026. The per share cash dividend amount represents a 3% increase from the 2025 dividend rate. We continue to consider our payout ratio and yield when determining the appropriate dividend rate and have a long-term objective of increasing our dividend in line with our future earnings and free cash flow growth. Share Repurchases. During the first six months of 2026, we repurchased a total of 1,669,770 shares for $141.8 million, at an average share price of $84.95. On May 29, 2026, our board authorized a new repurchase plan for up to $300 million worth of our shares through April 30, 2027. This authorization supersedes and replaces our prior authorizations. As of July 29, 2026, approximately $273 million remain available under this latest repurchase authorization. 2026 Outlook and Long-Term Targets Our full year 2026 outlook remains unchanged. We continue to expect overall demand for the balance of the year to be toward the lower end of our prior guidance of flat to slightly down unit expectations in each of our segments based on our sales mix. Input costs, primarily energy and transportation, are expected to remain elevated, and while we have mechanisms to offset these costs, we expect recovery to be gradual through the remainder of the year. Demand tied to new residential construction is expected to remain challenging, while stabilization across most other end markets should partially offset that pressure. Despite these conditions, we believe we are positioned to perform better than our markets through share gains across our portfolio and continued execution of our cost-out program. In addition, initial stocking orders, upgraded manufacturing capacity, and expanded distribution are expected to support continued momentum in our Deckorators' Surestone business. The company's long-term goals remain unchanged and include: 1) achieving 7-10 percent unit sales growth annually (including bolt-on acquisitions) with at least 10 percent of all sales coming from new products; 2) achieving 12.5 percent adjusted EBITDA margins; 3) earning an incremental return on new investments over our hurdle rate; and 4) maintaining a conservative capital structure. Conference Call UFP Industries will host a conference call on Thursday, July 30, 2026, to discuss these results and outlook. The conference call will begin at 10:00 a.m. Eastern Time and will be hosted by CEO Will Schwartz and CFO Michael Cole. Interested investors can access the webcast directly with this link (here). A replay of the call will be available through the UFP Investor Relations website at www.ufpinvestor.com for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia and Australia. For more about UFP Industries, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management's beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like "anticipates," "believes," "confident," "estimates," "expects," "forecasts," "likely," "plans," "projects," "should," variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in currency and inflation; fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; changes in tariffs, import/export regulations, and other trade policies; concentration of sales to customers; the success of vertical integration strategies; excess capacity or supply chain challenges; inbound and outbound transportation costs; alternatives to replace treated wood products; government regulations, particularly involving environmental and safety regulations; our ability to make successful business acquisitions; cybersecurity breaches; and potential pandemics. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission. Non-GAAP Financial Information This release includes certain financial information not prepared in accordance with U.S. GAAP. Because not all companies calculate non-GAAP financial information identically (or at all), the presentations herein may not be comparable to other similarly titled measures used by other companies. Management uses Adjusted EBITDA and Free cash flow, non-GAAP financial measures, in order to evaluate historical and ongoing operations. Management believes that these non-GAAP financial measures are useful in order to enable investors to perform meaningful comparisons of historical and current performance. Adjusted EBITDA and Free cash flow are intended to supplement and should be read together with the financial results. Adjusted EBITDA and Free cash flow should not be considered alternatives or substitutes for, and should not be considered superior to, the reported financial results. Accordingly, users of this financial information should not place undue reliance on the non-GAAP financial measures. See the table below for a reconciliation of Net earnings to Adjusted EBITDA and a reconciliation of Cash flow from operations to Free cash flow. Adjusted EBITDA margin is a non-GAAP financial measure. In calculating adjusted EBITDA, we make certain adjustments, including for share-based compensation expense, net gains or losses on the disposition and impairment of assets, and impairment of intangible assets. The most directly comparable GAAP financial measure is net earnings as a percentage of net sales (net margin). For the six months ended June 27, 2026, our net margin was 4.0 percent, and our adjusted EBITDA margin, calculated as described above, was 7.9 percent. We have not provided a quantitative reconciliation of the forward-looking adjusted EBITDA margin target to the most directly comparable GAAP measure because certain reconciling items and certain discrete tax items cannot be reasonably predicted due to the long-term nature of this target and the inherent variability and uncertainty of such items. These items could individually or in the aggregate be significant to the difference between adjusted EBITDA margin and the comparable GAAP measure. Earnings from operations103,4165.5123,0916.7167,4975.0215,3436.3Interest and other(9,446)(0.5)(8,854)(0.5)(12,309)(0.4)(17,283)(0.5)Earnings before income taxes112,8626.0131,9457.2179,8065.4232,6266.8Income taxes29,6911.631,0741.745,5381.452,3321.5Net earnings83,1714.4100,8715.5134,2684.0180,2945.3Less net earnings attributable to noncontrolling interest(299)—(137)—(622)—(807)—Net earnings attributable to controlling interest$82,8724.4$100,7345.5$133,6464.0$179,4875.2Earnings per share - basic $1.48$1.70$2.38$2.99Earnings per share - diluted$1.48$1.70$2.37$2.99Comprehensive income$82,922$112,609$133,116$195,213Less comprehensive income attributable to noncontrolling interest(825)(1,754)(1,083)(2,391)Comprehensive income attributable to controlling interest$82,097$110,855$132,033$192,822 View original content to download multimedia:https://www.prnewswire.com/news-releases/ufp-industries-announces-second-quarter-2026-results-302838229.html

Building materials manufacturer UFP Industries (NASDAQ:UFPI) will be reporting results this Wednesday after market hours. Here’s what you need to know. UFP Industries missed analysts’ revenue expectations last quarter, reporting revenues of $1.46 billion, down 8.4% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EBITDA and EPS estimates. Is UFP Industries a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting UFP Industries’s revenue to decline 2.7% year on year, in line with the 3.5% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. UFP Industries has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at UFP Industries’s peers in the building products segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Valmont delivered year-on-year revenue growth of 6.5%, beating analysts’ expectations by 2.6%, and Apogee reported a revenue decline of 1.1%, topping estimates by 3.4%. Valmont traded down 7.3% following the results. Read our full analysis of Valmont’s results here and Apogee’s results here. Over the last year or so, investors' attention has moved from one major market theme to the next, spanning AI disruption and surging infrastructure investment to geopolitical tensions, interest rates, and the health of the broader economy. While some of the building products stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.3% on average over the last month. UFP Industries is down 3.4% during the same time and is heading into earnings with an average analyst price target of $103 (compared to the current share price of $88.33). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

UFP Industries (UFPI) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This wood and materials provider for the construction industry is expected to post quarterly earnings of $1.44 per share in its upcoming report, which represents a year-over-year change of -15.3%. Revenues are expected to be $1.81 billion, down 1.4% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For UFP Industries, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -3.25%. On the other hand, the stock currently carries a Zacks Rank of #5. So, this combination makes it difficult to conclusively predict that UFP Industries will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that UFP Industries would post earnings of $1.15 per share when it actually produced earnings of $0.89, delivering a surprise of -22.61%. The company has not been able to beat consensus EPS estimates in any of the last four quarters. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. UFP Industries doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Johnson Controls (JCI), another stock in the Zacks Building Products - Wood industry, is expected to report earnings per share of $1.32 for the quarter ended June 2026. This estimate points to a year-over-year change of +25.7%. Revenues for the quarter are expected to be $6.43 billion, up 6.2% from the year-ago quarter. The consensus EPS estimate for Johnson Controls has been revised 1% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.85%. When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Johnson Controls will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UFP Industries, Inc. (UFPI) : Free Stock Analysis Report Johnson Controls International plc (JCI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

It has been about a month since the last earnings report for UFP Industries (UFPI). Shares have lost about 8.9% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is UFP Industries due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for UFP Industries, Inc. before we dive into how investors and analysts have reacted as of late. UFP Industries reported weaker-than-expected first-quarter 2026 results, with adjusted earnings and net sales missing the Zacks Consensus Estimate and also declining year over year. Adjusted EPS of 89 cents missed the Zacks Consensus Estimate of $1.15 by 22.6%. In the year-ago quarter, it had reported adjusted EPS of $1.30.Quarterly net sales of $1.46 billion missed the consensus mark of $1.54 billion by 4.8% and declined 8.4% year over year from $1.60 billion. Lower organic unit sales, adverse weather conditions and weaker residential construction demand hurt quarterly performance. Gross profit totaled $235.9 million, down from $268.2 million in the year-ago quarter, with gross margin contracting to 16.1% from 16.8% a year earlier. Higher healthcare and fuel costs, along with lower fixed-cost absorption, weighed on profitability during the quarter.Adjusted EBITDA came in at $111.4 million, down from $142.2 million. Adjusted EBITDA margin contracted to 7.6% from 8.9% year over year. Net earnings attributable to controlling interest declined to $50.8 million from $78.8 million in the year-ago quarter. UFP Retail: Net sales of $531.2 million, down 12.5% from last year. Segment adjusted EBITDA declined 2.8% to $34.8 million year over year. ProWood organic unit sales declined 15% due to unfavorable winter weather, weaker consumer sentiment and lower storm-related demand.Deckorators organic unit sales increased 2% year over year. Surestone decking sales climbed 27%, while traditional wood plastic composite decking sales increased 4% from the prior-year quarter. UFP Edge organic unit sales declined 20% due to facility closures and portfolio rationalization efforts.UFP Packaging: Sales declined 3.9% to $394.1 million due to weaker industrial demand and lower selling prices. Adjusted EBITDA contracted 20.7% to $27.8 million compared with the year-ago quarter. Structural Packaging organic unit sales remained flat, while PalletOne organic unit sales declined 11%.Protective Packaging organic unit sales increased 5% year over year, aided by contributions from the Jeffersonville, IN, facility that became fully operational in third-quarter 2025.UFP Construction: Net sales of $465.5 million, down 9.8% year over year due to housing affordability challenges, economic uncertainty and unfavorable weather conditions. Adjusted EBITDA tumbled 31.2% year over year to $25.7 million.Site Built organic unit sales declined 14% during the quarter. Factory Built organic unit sales fell 8% due to the loss of low-margin commodity sales. Meanwhile, Concrete Forming Solutions’ organic unit sales grew 14% and Commercial’s organic sales rose 15% year over year. Cash and cash equivalents were $714.5 million as of first-quarter 2026-end, down from $914.2 million at 2025-end. The current liquidity level remains strong, with total liquidity of nearly $2 billion, including $1.3 billion available under its revolving credit facility and shelf agreement.The long-term debt and finance lease obligations were $228.3 million as of first-quarter 2026-end compared with $229.8 million at 2025-end. During the quarter, the company repurchased 334,541 shares for nearly $30 million at an average share price of $89.76. Management expects the challenging market environment to continue in 2026, with overall demand likely trending toward the lower end of prior guidance for flat to slightly down unit expectations across segments. Residential construction-related markets are expected to remain weak, while other end markets may stabilize gradually.The company expects market share gains, execution of its cost-out initiatives and growth in its Deckorators and Surestone businesses to support performance. UFP Industries reiterated its long-term targets of achieving 7-10% annual unit sales growth, generating at least 10% of total sales from new products and maintaining adjusted EBITDA margins of 12.5%. Since the earnings release, investors have witnessed a downward trend in estimates review. The consensus estimate has shifted -7.3% due to these changes. At this time, UFP Industries has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock has a grade of B on the value side, putting it in the top 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise UFP Industries has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UFP Industries, Inc. (UFPI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research