UFP Industries, Inc. has announced its financial results for the second quarter ending June 28, 2025. The company reported net sales of $1.84 billion, while net earnings attributable to controlling interests amounted to $100.7 million, a decrease from $126.0 million in the same period last year. Earnings per diluted share were reported at $1.70. The adjusted EBITDA for the quarter was $174.1 million, accounting for 9.5% of net sales, down from $203.9 million, or 10.7% of net sales, a year ago. In terms of segment performance, the Packaging segment reported gross profit of $70.6 million, representing 16.5% of net sales, compared to $83.7 million, or 19.2% of net sales, in the previous year. The decline was attributed to softer demand leading to more competitive pricing. Meanwhile, the Construction segment experienced a 4% decline in net sales to $551.6 million, driven by a 6% decrease in selling prices, although there was a 2% increase in organic unit sales. The company maintains a strong balance sheet with approximately $2.1 billion of liquidity, consisting of $841.9 million in cash and additional availability under its revolving credit facility and a shelf agreement with certain lenders. UFP Industries continues to focus on strategic capital allocation, including a return-focused approach and maintaining a conservative capital structure.
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