Key Highlights

  • Consensus EPS of 1.21 compares with second-quarter diluted EPS of 1.48, against 1.70 a year earlier.
  • Consensus revenue of USD 1.60 billion compares with second-quarter net sales of USD 1,882,937 thousand, against USD 1,835,374 thousand.
  • Gross profit decreased USD 23 million, or 7%, and operating profit decreased USD 20 million, or 16%.
  • Cash and cash equivalents were USD 597,263 thousand against USD 841,930 thousand a year earlier, reflecting share repurchases and acquisitions.

UFP Industries (NASDAQ:UFPI) reports third-quarter results on Wednesday, Oct. 28, after the market closes. Consensus stands at EPS of 1.21 on revenue of USD 1.60 billion, and the company has a market capitalization of USD 4.46 billion.

UFP Industries manufactures wood and wood-alternative products for the retail, packaging and construction markets. Second-quarter net sales were USD 1,882,937 thousand against USD 1,835,374 thousand, and net income was USD 82,872 thousand against USD 100,734 thousand.

Estimates Against the Last Reported Quarter

The EPS estimate of 1.21 is below the second-quarter diluted EPS of 1.48, which compared with 1.70 a year earlier. The estimates table does not state its EPS basis. The revenue estimate of USD 1.60 billion is below the USD 1,882,937 thousand reported, which compared with USD 1,835,374 thousand.

The sources supplied include no earnings call transcript or published guidance, so the comparison runs to the last reported quarter. Gross profit was USD 290,235 thousand against USD 312,734 thousand.

What the Filing Gives and What the Sources Leave Open

The filing anticipates Site-Built demand in its regions down low to mid-single digits for the remainder of 2026 and says the same for Factory-Built housing demand. It gives no numeric earnings range.

The filing states that the Site-Built backlog was USD 117 million against USD 59 million, mainly from multi-family projects in the Northeast. It also says industry consensus for national housing starts in 2026 is 1.35 million.

Unit Sales, Segment and Cost Detail

Net sales increased 3%, made up of a 1% increase in organic unit sales and a 2% increase from acquisitions. Organic unit sales increased 4% in packaging, decreased 2% in construction and decreased 1% in retail. Overall selling prices were flat.

The filing attributes the gross profit decline to higher transportation costs across business units. Deckorators gross profit increased USD 1 million, and ProWood gross profit decreased USD 3 million. The filing cites a USD 1 million increase in SG&A.

Income Statement Lines, Cash Flow and Buybacks

Operating expenses were USD 186,819 thousand against USD 189,643 thousand, and operating income was USD 103,416 thousand against USD 123,091 thousand. Income before income taxes was USD 112,862 thousand against USD 131,945 thousand, and investment income was USD 10,528 thousand against USD 10,757 thousand.

Cash flows from operations were USD 61 million in the first six months against USD 113 million. The company repurchased 1,669,770 shares at an average share price of 84.95 in the first six months, and the dividend declared was 0.36 per share against 0.35. The estimates table lists a market capitalization of USD 4.46 billion.

Comparisons to Make in the Report

Reported EPS against 1.21 and revenue against USD 1.60 billion are the headline comparisons. Other markers are organic unit sales, transportation costs and the Site-Built backlog.