UFP Industries Reports Q1 Fiscal 2026 Earnings Amid Declining Sales
UFP Industries reported first-quarter fiscal 2026 net sales of $1.46 billion, down 8% year-over-year due to a weak March seasonal uplift and higher costs. Adjusted EBITDA fell to $111 million with a margin decline from 8.9% to 7.6%. The company plans M&A activity including the acquisition of MoistureShield and Berry Pallets.
Tickers: $UFPI
Topics: capital allocation cost pressures earnings EBITDA M&A sales decline seasonal demand