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Dec 31, 2019
UFP Industries Q4 2019 Earnings Report
UFP Industries reported record net sales and profits.
Key Takeaways
UFP Industries announced record net sales and profits for the fourth quarter of 2019. Net sales were $998 million, a 1% increase year-over-year. Earnings from operations were $51.8 million, up 14 percent, and net earnings attributable to controlling interest of $37.7 million were up 24 percent. EBITDA of $70.9 million increased by 12 percent.
Earnings from operations of $51.8 million were up 14 percent.
Net earnings attributable to controlling interest of $37.7 million were up 24 percent.
EBITDA of $70.9 million increased by 12 percent.
Net sales of $998 million represent a 1 percent increase.
Revenue by Segment
Forward Guidance
Although our results indicate we are performing well, we believe we can continue to improve and have made changes to do so. Our new structure is intended to bring even greater alignment with our customers and allow for quicker introduction of new, value-added products. It also will help us more effectively allocate capital to grow and improve our business. We are truly excited about the future of UFP Industries.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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