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Universal Forest Products Inc (UFPI.OQ)

UFPI.OQ on NASDAQ Stock Exchange Global Select Market

40.22USD
21 Aug 2019
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Latest Key Developments (Source: Significant Developments)

• UFPI Announces Structure Change To Promote Growth, Effective Jan. 1, 2020
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Universal Forest Products Inc ::UFPI ANNOUNCES STRUCTURE CHANGE TO PROMOTE GROWTH, EFFECTIVE JAN. 1, 2020.UNIVERSAL FOREST PRODUCTS INC - AS OF JAN. 1, 2020, COMPANY WILL BE KNOWN AS UFP INDUSTRIES, INC.UNIVERSAL FOREST PRODUCTS INC - COMPANY WILL SEEK TO RATIFY NAME CHANGE AT ITS APRIL 22, 2020, SHAREHOLDER MEETING.UNIVERSAL FOREST PRODUCTS INC - UFP INDUSTRIES WILL CONTINUE TO TRADE UNDER TICKER SYMBOL UFPI.  Full Article

UFPI QTRLY Earnings Per Share $0.58
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Universal Forest Products Inc ::UFPI REPORTS RECORD FIRST-QUARTER SALES, NET EARNINGS AND EBITDA.UNIVERSAL FOREST PRODUCTS INC QTRLY UNIT SALES UP 7 PERCENT, GROSS PROFITS UP 18 PERCENT AND EBITDA UP 25 PERCENT.UNIVERSAL FOREST PRODUCTS INC - Q1 NET SALES OF $1.02 BILLION REPRESENTED A 2 PERCENT INCREASE.UNIVERSAL FOREST PRODUCTS INC - LOWER LUMBER PRICES REDUCED GROSS SALES BY 5 PERCENT IN QUARTER.UNIVERSAL FOREST PRODUCTS INC - SEMIANNUAL DIVIDEND INCREASED 11 PERCENT.UNIVERSAL FOREST PRODUCTS INC - VOTED TO INCREASE SEMIANNUAL DIVIDEND FROM $0.18 TO $0.20 PER SHARE AT THEIR APRIL 24, 2019, MEETING.UNIVERSAL FOREST PRODUCTS INC QTRLY EARNINGS PER SHARE $0.58.  Full Article

UFPI Reports Fourth Quarter Results
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Universal Forest Products Inc ::UFPI REPORTS RECORD FOURTH QUARTER SALES AND OPERATING PROFITS.UNIVERSAL FOREST PRODUCTS INC QTRLY NET SALES OF $988.2 MILLION REPRESENT A 2 PERCENT INCREASE.UNIVERSAL FOREST PRODUCTS INC QTRLY EARNINGS PER SHARE $0.50.  Full Article

UFPI Signs Agreement To Acquire Wolverine Wood Products
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Universal Forest Products Inc ::UFPI SIGNS AGREEMENT TO ACQUIRE WOLVERINE WOOD PRODUCTS.UNIVERSAL FOREST PRODUCTS INC SAYS MIKE PETERSEN, OWNER AND PRESIDENT OF WOLVERINE WOOD PRODUCTS, WILL REMAIN WITH COMPANY AS GENERAL MANAGER.  Full Article

Ufpi Announces Expanded $375 Million Unsecured Credit Facility
Friday, 2 Nov 2018 

Universal Forest Products Inc ::UFPI ANNOUNCES EXPANDED $375 MILLION UNSECURED CREDIT FACILITY.UNIVERSAL FOREST PRODUCTS-AGREEMENT REPLACES PRIOR $295 MILLION UNSECURED REVOLVING CREDIT FACILITY AGREEMENT.  Full Article

UFPI Posts Record Second-Quarter Earnings And Sales
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Universal Forest Products Inc ::UFPI POSTS RECORD SECOND-QUARTER EARNINGS AND SALES.Q2 EARNINGS PER SHARE $0.71.Q2 EARNINGS PER SHARE VIEW $0.73 -- THOMSON REUTERS I/B/E/S.QTRLY NET SALES $1.3 BILLION VERSUS $1.1 BILLION.  Full Article

UFPI Board Approves Increased Semiannual Dividend
Thursday, 19 Apr 2018 

April 19 (Reuters) - Universal Forest Products Inc ::UFPI BOARD APPROVES INCREASED SEMIANNUAL DIVIDEND.BOARD OF DIRECTORS APPROVED A 6 PERCENT INCREASE IN SEMIANNUAL CASH DIVIDEND TO $0.18 PER SHARE.  Full Article

Universal Forest Products Q1 Earnings Per Share $0.53
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Universal Forest Products Inc ::UFPI POSTS RECORD FIRST-QUARTER EARNINGS AND SALES.Q1 EARNINGS PER SHARE $0.53.Q1 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S.RECENTLY COMPLETED DEALS EXPECTED TO CONTRIBUTE ANNUAL SALES OF ABOUT $50 MILLION .QUARTERLY NET SALES $993.9 MILLION VERSUS $846.1 MILLION.  Full Article

Universal Forest Products board of directors approves 3-for-1 stock split
Wednesday, 18 Oct 2017 

Oct 19 (Reuters) - Universal Forest Products Inc :UFPI board of directors approves 3-for-1 stock split; 13 percent increase in semiannual dividend.Universal Forest Products Inc - ‍board approved 13.3 percent increase in semiannual cash dividend to $0.51 a share, equates to $0.17 per share after stock split​.Universal Forest Products Inc - ‍stock split will increase number of outstanding shares of common stock from approximately 20.4 million to 61.2 million​.  Full Article

Universal Forest Products reports Q3 earnings per share $1.64
Tuesday, 17 Oct 2017 

Oct 18 (Reuters) - Universal Forest Products Inc :UFPI posts record third quarter results.Q3 earnings per share $1.64.Q3 earnings per share view $1.56 -- Thomson Reuters I/B/E/S.Q3 sales rose 28 percent to $1.057 billion.Universal Forest Products Inc - Hurricanes Harvey, Irma and Maria contributed to more lumber market volatility in September​.  Full Article