UFP Industries Q1 profit falls 35% as sales slip 2.7% to $1.60 billion
UFP Industries reported first quarter 2025 results for the quarter ended March 29, 2025, with net sales of $1.60 billion, down 2.7% year over year, and earnings per diluted share of $1.30 versus $1.96 a year earlier. Management said the quarter was more challenging than anticipated and expects softer demand and competitive pricing to continue through the rest of 2025, which points to weaker profitability for shareholders.
Key points
- Net earnings attributable to controlling interests were $78.8 million, a 35% decrease from $120.8 million a year earlier.
- Adjusted EBITDA was $142.2 million, or 8.9% of sales, compared with $180.8 million, or 11.0% of sales, in the first quarter of 2024.
- Cash was $903.6 million as of March 29, 2025, and the board raised the quarterly dividend to $0.35 per share from $0.33.
- Management anticipates overall demand to be slightly down in each segment for the remainder of 2025.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.