Brief: Ufp Industries Reports Record Sales And Profits For First Quarter

UFP Industries

22/04/2020 22:05

April 22 (Reuters) - Universal Forest Products Inc  UFPI.O :
    * UFP INDUSTRIES REPORTS RECORD SALES AND PROFITS FOR FIRST
QUARTER
    * Q1 EARNINGS PER SHARE $0.65
    * Q1 SALES $1.03 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$1.05
BILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.63 -- REFINITIV IBES
DATA
    * HAS REDUCED OPERATIONS AND TEMPORARILY FURLOUGHED
EMPLOYEES AS
NECESSARY
    * UNIVERSAL FOREST PRODUCTS -  BOARD APPROVED A QUARTERLY
DIVIDEND
PAYMENT OF 12.5 CENTS A SHARE, A PRORATED 25% INCREASE OVER
DIVIDENDS PAID IN 2019
    * UNIVERSAL FOREST PRODUCTS -  EFFECTIVE APRIL 22,
SHAREHOLDERS
APPROVED CHANGE IN CO’S NAME FROM UNIVERSAL FOREST PRODUCTS INC
TO UFP INDUSTRIES INC
    * UNIVERSAL FOREST PRODUCTS -  FIRST QUARTER EARNINGS CALL
HAS
BEEN RESCHEDULED FROM APRIL 23, 2020, TO MAY 7, 2020

Source text for Eikon:  ID:nGNX5J5T6z 
Further company coverage:  UFPI.O 

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