Overview

* UFP Industries ( UFPI ) Q2 sales decline 4% to $1.84 bln, missing estimates

* Net earnings fall to $100.7 mln from $126.0 mln year-over-year

* Adjusted EBITDA decreases to $174.1 mln from $203.9 mln last year

Outlook

* Company anticipates low single-digit unit declines in 2025

* UFP Industries ( UFPI ) expects Factory Built segment to see increased demand

* Company plans strategic investments to drive growth and profitability

* UFP Industries ( UFPI ) positioned to adapt to potential tariff impacts

Result Drivers

* TARIFF UNCERTAINTY - Co says tariff uncertainty remained a challenge impacting consumer and business sentiment

* SOFT DEMAND - End market demand remains soft but stable, contributing to sales decline

* SALES - Net sales fell due to 1 percent decrease in price and a 3 percent decline in organic units

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Miss $1.84 $1.85

bln bln (5

Analysts

)

Q2 Net $100.70

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "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 $112.00, about 6.4% above its July 25 closing price of $104.84

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

(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.)