UFP Industries Q3 net earnings fall 22% to $58.63 million; Q3 net sales rise 11% to $1.73 billion
Bitget2026/10/28 20:12- UFP Industries’ third-quarter 2026 diluted earnings fell 19% to $1.05 per share, hurt by higher freight and lumber costs.
- Net sales rose 11% to $1.73 billion, driven by higher selling prices, organic unit growth and acquisitions.
- Management expects to meet or exceed its $60 million cost-savings objective by year-end.
- The full-year 2026 outlook remains unchanged, with industry unit demand expected to decline slightly across all segments.
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