| Segment Reporting |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended June 27, 2026 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 818,743 | | $ | 458,245 | | $ | 526,777 | | $ | 76,927 | | $ | 2,245 | | $ | 1,882,937 | Intersegment net sales | | | 92,215 | | | 24,632 | | | 22,317 | | | 65,045 | | | (204,209) | | | — | Cost of goods sold | | | 704,096 | | | 397,886 | | | 436,449 | | | 64,058 | | | (9,787) | | | 1,592,702 | Gross Profit | | | 114,647 | | | 60,359 | | | 90,328 | | | 12,869 | | | 12,032 | | | 290,235 | Selling, general, administrative expenses | | | 62,717 | | | 45,580 | | | 63,930 | | | 10,088 | | | 3,405 | | | 185,720 | Net loss (gain) on disposition and impairment of assets | | | 1,780 | | | 106 | | | 37 | | | 74 | | | (1,695) | | | 302 | Other losses, net | | | 404 | | | — | | | 129 | | | 243 | | | 21 | | | 797 | Earnings from operations | | | 49,746 | | | 14,673 | | | 26,232 | | | 2,464 | | | 10,301 | | | 103,416 | Interest expense | | | (281) | | | 2 | | | (385) | | | (205) | | | 2,877 | | | 2,008 | Interest and investment income | | | (87) | | | — | | | (12) | | | (5,102) | | | (5,327) | | | (10,528) | Equity in earnings of investee | | | — | | | (820) | | | — | | | (106) | | | — | | | (926) | Interest and other | | | (368) | | | (818) | | | (397) | | | (5,413) | | | (2,450) | | | (9,446) | Earnings before income taxes | | | 50,114 | | | 15,491 | | | 26,629 | | | 7,877 | | | 12,751 | | | 112,862 | Income taxes | | | 13,096 | | | 4,176 | | | 6,998 | | | 1,663 | | | 3,758 | | | 29,691 | Net earnings | | $ | 37,018 | | $ | 11,315 | | $ | 19,631 | | $ | 6,214 | | $ | 8,993 | | $ | 83,171 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 919 | | $ | 2,101 | | $ | 674 | | $ | 1,673 | | $ | 116 | | $ | 5,483 | Depreciation expense | | | 9,907 | | | 9,308 | | | 6,640 | | | 853 | | | 11,573 | | | 38,281 | Segment assets | | | 1,088,049 | | | 850,483 | | | 668,506 | | | 320,702 | | | 1,177,124 | | | 4,104,864 | Capital expenditures | | | 11,304 | | | 12,080 | | | 3,562 | | | 1,736 | | | 9,629 | | | 38,311 |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended June 28, 2025 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 788,224 | | $ | 428,669 | | $ | 551,590 | | $ | 65,026 | | $ | 1,865 | | $ | 1,835,374 | Intersegment net sales | | | 75,997 | | | 25,829 | | | 24,678 | | | 100,543 | | | (227,047) | | | — | Cost of goods sold | | | 674,484 | | | 358,087 | | | 451,401 | | | 51,789 | | | (13,121) | | | 1,522,640 | Gross Profit | | | 113,740 | | | 70,582 | | | 100,189 | | | 13,237 | | | 14,986 | | | 312,734 | Selling, general, administrative expenses | | | 58,642 | | | 43,148 | | | 63,727 | | | 10,398 | | | 9,080 | | | 184,995 | Net loss (gain) on disposition and impairment of assets | | | 1,083 | | | 1,225 | | | 211 | | | 2,616 | | | (1,305) | | | 3,830 | Other losses (gains), net | | | 536 | | | — | | | 191 | | | 302 | | | (211) | | | 818 | Earnings from operations | | | 53,479 | | | 26,209 | | | 36,060 | | | (79) | | | 7,422 | | | 123,091 | Interest expense | | | 30 | | | 3 | | | — | | | (198) | | | 2,881 | | | 2,716 | Interest and investment income | | | (84) | | | — | | | — | | | (2,299) | | | (8,374) | | | (10,757) | Equity in earnings of investee | | | — | | | (798) | | | — | | | (15) | | | — | | | (813) | Interest and other | | | (54) | | | (795) | | | — | | | (2,512) | | | (5,493) | | | (8,854) | Earnings before income taxes | | | 53,533 | | | 27,004 | | | 36,060 | | | 2,433 | | | 12,915 | | | 131,945 | Income taxes | | | 12,405 | | | 6,371 | | | 8,497 | | | 419 | | | 3,382 | | | 31,074 | Net earnings | | $ | 41,128 | | $ | 20,633 | | $ | 27,563 | | $ | 2,014 | | $ | 9,533 | | $ | 100,871 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 957 | | $ | 2,166 | | $ | 704 | | $ | 1,671 | | $ | 430 | | $ | 5,928 | Depreciation expense | | | 7,592 | | | 9,090 | | | 6,330 | | | 1,109 | | | 9,879 | | | 34,000 | Segment assets | | | 955,976 | | | 819,438 | | | 664,848 | | | 336,597 | | | 1,320,529 | | | 4,097,388 | Capital expenditures | | | 22,218 | | | 21,289 | | | 10,236 | | | 810 | | | 7,931 | | | 62,484 |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 27, 2026 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 1,349,919 | | $ | 852,338 | | $ | 992,290 | | $ | 145,432 | | $ | 4,225 | | $ | 3,344,204 | Intersegment net sales | | | 163,281 | | | 50,783 | | | 41,057 | | | 122,494 | | | (377,615) | | | — | Cost of goods sold | | | 1,154,710 | | | 731,631 | | | 824,345 | | | 120,840 | | | (13,446) | | | 2,818,080 | Gross profit | | | 195,209 | | | 120,707 | | | 167,945 | | | 24,592 | | | 17,671 | | | 526,124 | Selling, general, administrative expenses | | | 118,763 | | | 90,783 | | | 125,756 | | | 19,066 | | | 4,235 | | | 358,603 | Net loss (gain) on disposition and impairment of assets | | | 1,848 | | | (64) | | | 50 | | | 75 | | | (3,259) | | | (1,350) | Other losses, net | | | 459 | | | — | | | 552 | | | 349 | | | 14 | | | 1,374 | Earnings from operations | | | 74,139 | | | 29,988 | | | 41,587 | | | 5,102 | | | 16,681 | | | 167,497 | Interest expense | | | (250) | | | 4 | | | (385) | | | (483) | | | 5,745 | | | 4,631 | Interest and investment income | | | (188) | | | — | | | (15) | | | (6,553) | | | (9,205) | | | (15,961) | Equity in earnings of investee | | | — | | | (782) | | | — | | | (197) | | | — | | | (979) | Interest and other | | | (438) | | | (778) | | | (400) | | | (7,233) | | | (3,460) | | | (12,309) | Earnings before income taxes | | | 74,577 | | | 30,766 | | | 41,987 | | | 12,335 | | | 20,141 | | | 179,806 | Income taxes | | | 18,887 | | | 7,792 | | | 10,633 | | | 2,567 | | | 5,659 | | | 45,538 | Net earnings | | $ | 55,690 | | $ | 22,974 | | $ | 31,354 | | $ | 9,768 | | $ | 14,482 | | $ | 134,268 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 1,755 | | | 4,204 | | | 1,349 | | | 3,313 | | | 232 | | $ | 10,853 | Depreciation expense | | | 17,664 | | | 17,624 | | | 13,414 | | | 1,863 | | | 22,801 | | | 73,366 | Segment assets | | | 1,088,049 | | | 850,483 | | | 668,506 | | | 320,702 | | | 1,177,124 | | | 4,104,864 | Capital expenditures | | | 39,376 | | | 23,455 | | | 9,867 | | | 2,973 | | | 10,905 | | | 86,576 |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 28, 2025 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 1,395,607 | | $ | 838,677 | | $ | 1,067,530 | | $ | 125,324 | | $ | 3,755 | | $ | 3,430,893 | Intersegment net sales | | | 140,642 | | | 49,543 | | | 51,239 | | | 191,027 | | | (432,451) | | | — | Cost of goods sold | | | 1,200,572 | | | 698,521 | | | 876,541 | | | 101,455 | | | (27,126) | | | 2,849,963 | Gross profit | | | 195,035 | | | 140,156 | | | 190,989 | | | 23,869 | | | 30,881 | | | 580,930 | Selling, general, administrative expenses | | | 113,997 | | | 90,917 | | | 126,511 | | | 18,860 | | | 10,964 | | | 361,249 | Net loss (gain) on disposition and impairment of assets | | | 1,107 | | | 1,257 | | | 331 | | | 2,616 | | | (1,557) | | | 3,754 | Other losses (gains), net | | | 318 | | | — | | | 271 | | | 248 | | | (253) | | | 584 | Earnings from operations | | | 79,613 | | | 47,982 | | | 63,876 | | | 2,145 | | | 21,727 | | | 215,343 | Interest expense | | | 60 | | | 6 | | | — | | | (531) | | | 5,850 | | | 5,385 | Interest and investment income | | | (174) | | | — | | | (1) | | | (2,607) | | | (19,092) | | | (21,874) | Equity in earnings of investee | | | — | | | (473) | | | — | | | (321) | | | — | | | (794) | Interest and other | | | (114) | | | (467) | | | (1) | | | (3,459) | | | (13,242) | | | (17,283) | Earnings before income taxes | | | 79,727 | | | 48,449 | | | 63,877 | | | 5,604 | | | 34,969 | | | 232,626 | Income taxes | | | 17,936 | | | 10,899 | | | 14,370 | | | 1,088 | | | 8,039 | | | 52,332 | Net earnings | | $ | 61,791 | | $ | 37,550 | | $ | 49,507 | | $ | 4,516 | | $ | 26,930 | | $ | 180,294 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 1,914 | | $ | 4,345 | | $ | 1,406 | | $ | 3,272 | | $ | 808 | | $ | 11,745 | Depreciation expense | | | 14,902 | | | 17,987 | | | 12,521 | | | 2,053 | | | 19,478 | | | 66,941 | Segment assets | | | 955,976 | | | 819,438 | | | 664,848 | | | 336,597 | | | 1,320,529 | | | 4,097,388 | Capital expenditures | | | 54,526 | | | 46,549 | | | 16,664 | | | 1,424 | | | 10,589 | | | 129,752 |
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| Schedule of net sales by business unit |
The following table presents our disaggregated net sales by business unit for each segment for the three and six months ended June 27, 2026, and June 28, 2025 (in thousands). | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 27, | | June 28, | | June 27, | | June 28, | | | 2026 | | 2025 | | 2026 | | 2025 | Retail | | | | | | | | | | | | | ProWood | | $ | 669,050 | | $ | 657,098 | | $ | 1,109,799 | | $ | 1,171,376 | Deckorators | | | 122,678 | | | 97,994 | | | 191,347 | | | 163,606 | UFP Edge | | | 27,015 | | | 33,132 | | | 48,773 | | | 60,625 | Total Retail | | $ | 818,743 | | $ | 788,224 | | $ | 1,349,919 | | $ | 1,395,607 | | | | | | | | | | | | | | Packaging | | | | | | | | | | | | | Structural Packaging | | $ | 282,305 | | $ | 267,301 | | $ | 531,598 | | $ | 523,283 | PalletOne | | | 153,897 | | | 141,914 | | | 278,083 | | | 276,133 | Protective Packaging | | | 22,043 | | | 19,454 | | | 42,657 | | | 39,261 | Total Packaging | | $ | 458,245 | | $ | 428,669 | | $ | 852,338 | | $ | 838,677 | | | | | | | | | | | | | | Construction | | | | | | | | | | | | | Factory Built | | $ | 215,545 | | $ | 229,669 | | $ | 408,929 | | $ | 446,888 | Site-Built | | | 186,405 | | | 202,413 | | | 337,275 | | | 393,030 | Commercial | | | 71,370 | | | 70,515 | | | 144,613 | | | 134,235 | Concrete Forming | | | 53,457 | | | 48,993 | | | 101,473 | | | 93,377 | Total Construction | | $ | 526,777 | | $ | 551,590 | | $ | 992,290 | | $ | 1,067,530 | | | | | | | | | | | | | | All Other | | $ | 76,927 | | $ | 65,026 | | $ | 145,432 | | $ | 125,324 | | | | | | | | | | | | | | Corporate | | $ | 2,245 | | $ | 1,865 | | $ | 4,225 | | $ | 3,755 | | | | | | | | | | | | | | Total Net Sales | | $ | 1,882,937 | | $ | 1,835,374 | | $ | 3,344,204 | | $ | 3,430,893 |
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