Recent Updates — UFPI
UFP Industries filed a Form 8-K to make public its third quarter 2026 Investor Relations Presentation, which details financial performance through September 26, 2026. The presentation reports trailing twelve-month (TTM) net sales of $6.4 billion and adjusted EBITDA of $492.3 million as of Q3 2026. Consolidated TTM adjusted EBITDA margin stood at 7.7%, while unit sales growth for the quarter was flat year-over-year. The company highlighted a remaining share repurchase authorization of $198 million and outlined long-term financial goals including 7-10% annual unit sales growth and an adjusted EBITDA margin target of 12.5%. UFP Industries operates in the building products, packaging, and construction sectors, converting softwood lumber into value-added products for residential, commercial, and industrial applications.
UFP Industries reported third-quarter 2026 net sales of $1.73 billion, an 11.1% increase year-over-year, driven by a 4% rise in organic units and higher selling prices. Diluted earnings per share fell to $1.05 from $1.29 in the prior year period, while adjusted EBITDA declined 14.8% to $119.3 million due to elevated freight and lumber costs that offset volume gains. The company also announced a quarterly cash dividend of $0.36 per share and disclosed plans to acquire Apache Products for approximately $27 million in cash.
UFP Industries has entered into an agreement to acquire the operating assets, including real estate, of Apache Products, Inc., a wood pallet manufacturer based in Silsbee, Texas. The transaction is valued at approximately $27 million and adds roughly $55 million in annual sales along with 165 employees. The deal expands UFP Packaging's PalletOne network into the Gulf Coast region, a key industrial market. Closing is expected around November 16, 2026, subject to customary conditions. Concurrently, the company amended its credit agreement to extend the maturity of its $750 million revolving facility to October 23, 2031. UFP Industries manufactures and distributes value-added products for retail, construction, and industrial markets.
The Board of Directors declared a quarterly cash dividend of $0.36 per share of common stock, representing a 3% increase from the 2025 rate. The dividend is payable on December 15, 2026, to shareholders of record as of December 1, 2026. Additionally, the company confirmed that Executive Chairman Matthew J. Missad will retire effective December 31, 2026, receiving $5.0 million in severance benefits while remaining as Chairman of the Board. UFP Industries manufactures and distributes foam-based products for construction, automotive, and packaging applications.
UFP Industries reported second quarter 2026 results with net sales of $1.88 billion, a 3 percent increase year-over-year driven by acquisitions and organic unit growth. Diluted earnings per share declined to $1.48 from $1.70 in the prior year period, while adjusted EBITDA fell 11.3 percent to $154.5 million due to higher freight costs and a weaker residential construction market. The company completed three acquisitions totaling $122 million for MoistureShield, John Rock, and Berry Pallets during the quarter. Additionally, UFP declared a quarterly cash dividend of $0.36 per share, payable on September 15, 2026, to shareholders of record on September 1, 2026. The company operates in the manufacturing and distribution of value-added products for retail, packaging, and construction segments.