Overview

* UFP Industries ( UFPI ) Q3 net sales fell 5% to $1.56 bln, missing analyst expectations

* Adjusted EBITDA for Q3 decreased to $140 mln, reflecting competitive pricing and weaker demand

* Company repurchased $350 mln in shares year-to-date, focusing on shareholder value

Outlook

* UFP Industries ( UFPI ) reaffirms volume outlook for each segment for the rest of 2025

* Company expects low single-digit unit declines across segments in 2025

* UFP Industries ( UFPI ) plans $60 mln structural cost reduction by end of 2026

Result Drivers

* COMPETITIVE ENVIRONMENT - CEO Will Schwartz noted the quarter reflected the competitive environment across end markets, impacting pricing and demand

* SURESTONE EXPANSION - Startup costs from Surestone product launch affected Retail segment's profitability

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Miss $1.56 $1.61

bln bln (5

Analysts

)

Q3 EPS $1.29

Q3 Net $76 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the forest & wood products peer group is "buy"

* Wall Street's median 12-month price target for Ufp Industries Inc ( UFPI ) is $111.00, about 17.1% above its October 28 closing price of $91.98

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)