UFP Industries Reports 11% Sales Growth in Q3 and Announces Apache Products Acquisition
UFP Industries (UFPI) reported strong third-quarter results, highlighted by an 11% year-over-year increase in net sales and a 4% rise in organic unit volume. Management expressed optimism regarding the Deckorators decking segment, projecting $50 million in sales growth by 2027. Despite this momentum, the company faces significant logistical challenges, noting that freight costs are expected to act as a $65 million headwind in 2026. To bolster its market position, UFP Industries also announced plans to acquire Apache Products, a prominent player in the wood pallet industry.
Tickers: $UFPI
Topics: acquisition earnings report revenue growth wood products
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