UFP Industries Q1 diluted EPS falls to $0.89 from $1.30; net sales down 8%
UFP Industries reported first quarter 2026 net sales of $1.46 billion, down 8% from a year earlier, and diluted earnings per share of $0.89 versus $1.30. Management said 2026 demand is likely to be toward the lower end of prior guidance, which matters to shareholders because it signals weaker near-term results than previously expected.
Key points
- Net sales were $1.46 billion, down 8% from $1.6 billion, with organic units down 7% and selling prices down 1%
- Net earnings attributable to controlling interests were $51 million versus $79 million; adjusted EBITDA was $111.4 million, a 7.6% margin versus 8.9%
- Free cash flow was $87 million, used to repurchase nearly $30 million of shares; the company also declared a $0.36 quarterly dividend payable June 15, 2026
- Management expects 2026 overall demand toward the lower end of prior guidance, which called for flat to slightly down units
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 29, 2026.
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.