UFP Industries Q1 FY26 operating profit drops 31% to $64.08 million; net sales fall 8% to $1.46 billion

UFP Industries, Inc.

UFP Industries, Inc.

UFPI

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  • UFP Industries posted first-quarter net earnings attributable to controlling interest of $51 million, down from $78 million a year earlier, as earnings from operations fell 31% to $64.08 million.
  • Net sales dropped 8% to $1.46 billion, driven by a 7% decline in units sold alongside a 1% decrease in selling prices.
  • Gross profit slid 12% to $235.89 million, while gross margin narrowed 0.7 percentage points to 16.1%.
  • Segment operating profit declined 45% in Construction to $15.36 million, fell 30% in Packaging to $15.32 million, and dipped 7% in Retail to $24.39 million.
  • Management said it remains on track to deliver remaining $25 million or more from its cost-out program by year-end, with 2026 capital spending target lowered to $250 million-$275 million; liquidity totaled about $2.0 billion at quarter-end.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UFP Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-056076), on May 06, 2026, and is solely responsible for the information contained therein.