UFPI’s Earnings rise 38.1 Percent

In its report of second quarter 2014 financials by twst.com, Universal Forest Products, Inc. (Nasdaq:UFPI) says the company’s net earnings were $21.8 million, an increase of 38.1 percent above net earnings of $15.8 million for the same period of 2013. Diluted earnings per share for the second quarter were $1.08, as compared to $0.79 per share for the same period of 2013. Second quarter 2014 net sales were $773 million, an increase of 4.6 percent over the $738 million for the comparable quarter of 2013. MHProNews knows UFPI supplies structural components and other wood products to the manufactured housing industry. ##

(Image credit: Universal Forest Products, Inc.)

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