Universal Forest Products, Inc. (NASDAQ:UFPI) Q3 2019 Results Earnings Conference Call October 24, 2019 8:30 AM ET Company Participants Brandon Froysland - Director of Finance Matthew Missad - CEO & Director Michael Cole - CFO & Treasurer Conference Call Participants Ketan Mamtora - BMO Capital Markets Steve Chercover - Davidson Reuben Garner - Seaport Global Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q3 2019 Universal Forest Products Earnings Conference Call. At this time ...

Universal Forest Products, Inc. (NASDAQ:UFPI) Q2 2019 Earnings Conference Call July 25, 2019 8:30 AM ET Company Participants Brandon Froysland - Director of Finance Matthew Missad - CEO & Director Michael Cole - CFO & Treasurer Lynn Afendoulis - Director, Corporate Communications Conference Call Participants Ketan Mamtora - BMO Capital Markets Reuben Garner - Seaport Global Securities Steven Chercover - D.A. Davidson & Co. Daniel Jacome - Sidoti & Company Operator Good day, ladies and gentlemen, and welcome ...

Financial Data and Key Metrics Changes - Net sales reached a record $1.02 billion for the quarter, up 2% over 2018, with unit sales growing by 7% [6] - Earnings per share was $0.58 compared to $0.53 in 2018, with earnings up 28% when excluding a $7 million gain in 2018 [6] - EBITDA for the quarter was $65.9 million, up 25% over 2018 [6] - Gross profit dollars per unit grew by 18%, more than double the unit sales increase [7] - Overall sales increased by 2%, driven by a 7% increase in unit sales, partially offset by a 5% decrease in selling prices [28] Business Line Data and Key Metrics Changes - Retail market sales decreased by $13 million or 3%, with a 6% decline in selling prices offset by a 3% organic unit increase [29] - Industrial market sales increased by 15%, driven by a 16% increase in units, with acquisitions contributing 10% to unit growth [31] - Construction market sales decreased by 3%, with a 5% organic unit increase offset by an 8% decrease in selling prices [32] - Unit sales to manufactured housing customers decreased due to a decline in industry production of more than 11% [33] Market Data and Key Metrics Changes - The Southern Yellow Pine lumber market averaged 12.9% lower than 2018, with the Random Lengths Composite Index down 26.5% on average from 2018 [9] - The retail market finished the quarter strong, with March showing better volume than expected after a slow February [12] - In commercial construction, unit sales grew 15%, while the industrial market saw unit sales grow 16% [19] Company Strategy and Development Direction - The company aims to be the complete industrial packaging solution provider and is aggressively pursuing acquisition targets [20] - Capital allocation strategy prioritizes acquisitions, greenfield growth, and automation efficiency projects [21] - The company plans to expand production capacity significantly within the next 12 months [16] Management's Comments on Operating Environment and Future Outlook - Management noted that demand has not caught up with added capacity in the lumber market, impacting pricing [52] - There is optimism regarding order files and construction markets, with expectations of continued demand through Q3 [55] - Management acknowledged areas for improvement, particularly in SG&A growth and production labor challenges [24][25] Other Important Information - The company plans to spend approximately $95 million for capital expenditures this year, including significant projects to enhance productivity [41] - The trailing 12-month return on invested capital is 12.5%, exceeding the weighted average cost of capital [45] Q&A Session All Questions and Answers Question: Insights on lumber markets and pricing trends - Management indicated that demand has not caught up with supply, leading to pricing challenges, but expects alignment in Q2 [52][54] Question: End market demand outlook for Q2 - Management reported strong order files and positive trends in construction markets, expecting continued demand [55] Question: M&A pipeline expectations for 2019 - Management expressed confidence in a strong M&A pipeline, focusing on industrial targets and smaller acquisitions [56][57] Question: Growth expectations across different markets - Management anticipates modest growth in retail and construction, with strong performance expected in the industrial market [63][64] Question: Insights on new mill capacity and its impact on lumber prices - Management noted new mills coming online and their potential impact on market pricing, emphasizing the need for demand to meet supply [80][82] Question: Dividend policy and potential for quarterly payments - Management is open to considering a quarterly dividend if it becomes significant enough for shareholders [84]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10‑K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 29, 2018. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period of ____ to _____. Commission File No.: 0‑22684 UNIVERSAL FOREST PRODUCTS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

Universal Forest Products, Inc (NASDAQ:UFPI) Q4 2018 Earnings Conference Call February 21, 2019 8:30 AM ET Company Participants Matt Missad – Chief Executive Officer Mike Cole – Chief Financial Officer Brandon Froysland – Director-Finance Conference Call Participants Ketan Mamtora – BMO Capital Markets Dan Jacome – Sidoti Steve Chercover – Davidson Operator Good day, ladies and gentlemen, and welcome to the Fourth Quarter Universal Products, Inc. Earnings Conference Call. [Operator Instructions] As a remind ...