UFP Industries Q3 sales rise 11% to $1.73 billion, but net earnings fall 22%
UFP Industries reported third quarter 2026 net sales of $1.73 billion, up 11.1% from a year earlier, driven by 4% organic unit growth, 2% from acquisitions and 5% from higher selling prices. Net earnings attributable to controlling interests fell to $58 million from $75 million, and diluted earnings per share were $1.05 versus $1.29, as higher freight and lumber costs outweighed volume gains. The company said its full-year 2026 outlook is unchanged.
Key points
- Net sales of $1.73 billion rose 11.1% from $1.56 billion; diluted EPS was $1.05 versus $1.29 a year ago.
- Adjusted EBITDA was $119.3 million, or 6.9% of net sales, compared with $140.0 million, or 9.0%, a year ago.
- Transportation costs, net of fuel surcharges, increased by $19 million, or 1.3% of net sales.
- The board declared a quarterly dividend of $0.36 per share on October 21, 2026, payable December 15, 2026; the company repurchased $182.7 million of shares in the first nine months of 2026.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.