News Summary
UFP Industries, Inc. announced its second-quarter earnings revealing a profit of $100.7 million, falling short of analysts’ expectations. Despite the disappointing earnings, the company experienced strong revenue growth of $1.84 billion. Additionally, a division of UFP Industries plans to acquire assets from National Supply LLC to strengthen its position in the RV market. The company remains focused on strategic investments to enhance offerings within the RV industry and prepare for its upcoming financial reports.
Grand Rapids, Michigan – UFP Industries, Inc. (UFPI) reported disappointing second-quarter earnings on Monday, revealing a profit of $100.7 million or $1.70 per share. These results fell short of Wall Street’s expectations, where analysts had estimated earnings of $1.95 per share. The company did, however, report strong revenue growth, reaching $1.84 billion for the quarter.
The gap between actual and forecasted earnings highlights challenges the company faces despite its robust sales figures. UFP Industries operates in various sectors, including UFP Packaging, UFP Construction, and UFP Retail Solutions, and is known for its significant presence in North America, Europe, Asia, and Australia.
In addition to its financial report, UFP Factory Built, a division of UFP Industries, announced it would acquire certain assets of National Supply LLC, a supplier serving the recreational vehicle (RV) industry, with the acquisition effective on July 14, 2025. National Supply LLC is recognized as a key supplier to Forest River, a major manufacturer in the RV sector owned by Berkshire Hathaway. This acquisition aims to bolster UFP Factory Built’s role as a key provider of vital components and solutions for the RV market, which has experienced growth in recent years.
UFP Factory Built specializes in supplying essential components for both motorized and towable segments of the RV industry. The division’s leadership expressed enthusiasm for the acquisition, emphasizing that adding key employees from National Supply will enhance the company’s capabilities and offerings.
Executive Vice President of UFP Factory Built has indicated that the company is committed to making strategic investments to further enhance its offerings within the RV industry. This growth strategy aligns with UFP’s goal to solidify its market position as a comprehensive solutions provider in various sectors.
UFP Industries has a long history, having been founded in 1955. It is currently ranked #128 on Industry Week’s list of America’s Largest Manufacturers, reflecting its scale and impact within the manufacturing sector. The company’s wide-ranging operations aim to meet diverse market needs, and its strategic decisions, such as this acquisition, are indicators of its ambition to remain competitive and innovative.
Looking ahead, UFP Industries is scheduled to report its third-quarter results for 2025 on July 28, 2025, after market close. A conference call to discuss these results will follow on July 29, 2025, at 9 a.m. Eastern Time, providing analysts and investors an opportunity to delve deeper into the company’s financial performance and future strategies.
For additional investor information, UFP Industries maintains an official investor relations website. As the company continues to navigate the complexities of the market, its recent strategic initiatives and future earnings reports will provide insights into its ongoing efforts to drive growth and profitability.
Deeper Dive: News & Info About This Topic
HERE Resources
UFP Industries Announces First Quarter Earnings from Grand Rapids
Additional Resources
- CT Post: UFP Industries Q2 Earnings Snapshot
- Wikipedia: UFP Industries
- Washington Post: UFP Industries Earnings Report
- Google Search: UFP Industries
- Fortune: Universal Forest Products
- Encyclopedia Britannica: UFP Industries
- RV Business: UFP Factory Built Expansion
- Google Scholar: UFP Industries
- HBS Dealer: Revenue & Income Down for UFP Q2
- Google News: UFP Industries Q2 Earnings
