| Segment Reporting |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended September 26, 2026 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 634,514 | | $ | 465,845 | | $ | 552,423 | | $ | 78,029 | | $ | 2,025 | | $ | 1,732,836 | Intersegment net sales | | | 84,980 | | | 28,118 | | | 25,326 | | | 60,432 | | | (198,856) | | | — | Cost of goods sold | | | 560,963 | | | 406,791 | | | 461,118 | | | 64,512 | | | (5,469) | | | 1,487,915 | Gross Profit | | | 73,551 | | | 59,054 | | | 91,305 | | | 13,517 | | | 7,494 | | | 244,921 | Selling, general, and administrative expenses | | | 52,240 | | | 45,987 | | | 63,324 | | | 9,618 | | | 6,922 | | | 178,091 | Net loss (gain) on disposition and impairment of assets | | | 801 | | | 150 | | | 20 | | | 165 | | | (4,320) | | | (3,184) | Other (gains) losses, net | | | (336) | | | — | | | 107 | | | 50 | | | 37 | | | (142) | Earnings from operations | | | 20,846 | | | 12,917 | | | 27,854 | | | 3,684 | | | 4,855 | | | 70,156 | Interest expense | | | 24 | | | 1 | | | (4) | | | (211) | | | 2,898 | | | 2,708 | Interest and investment income | | | (127) | | | (9) | | | (5) | | | (18) | | | (7,178) | | | (7,337) | Equity in earnings of investee | | | — | | | (2,063) | | | — | | | (24) | | | — | | | (2,087) | Interest and other | | | (103) | | | (2,071) | | | (9) | | | (253) | | | (4,280) | | | (6,716) | Earnings before income taxes | | | 20,949 | | | 14,988 | | | 27,863 | | | 3,937 | | | 9,135 | | | 76,872 | Income taxes | | | 4,848 | | | 3,577 | | | 6,722 | | | 847 | | | 2,245 | | | 18,239 | Net earnings | | $ | 16,101 | | $ | 11,411 | | $ | 21,141 | | $ | 3,090 | | $ | 6,890 | | $ | 58,633 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 926 | | $ | 2,194 | | $ | 777 | | $ | 1,640 | | $ | 116 | | $ | 5,653 | Depreciation expense | | | 10,298 | | | 10,191 | | | 6,481 | | | 858 | | | 12,015 | | | 39,843 | Segment assets | | | 998,437 | | | 861,062 | | | 694,865 | | | 324,996 | | | 1,254,606 | | | 4,133,966 | Capital expenditures | | | 15,066 | | | 6,901 | | | 5,752 | | | 749 | | | 7,671 | | | 36,139 |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended September 27, 2025 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 593,985 | | $ | 394,949 | | $ | 496,465 | | $ | 72,482 | | $ | 1,746 | | $ | 1,559,627 | Intersegment net sales | | | 59,118 | | | 27,472 | | | 20,622 | | | 82,334 | | | (189,546) | | | — | Cost of goods sold | | | 513,763 | | | 327,528 | | | 405,262 | | | 59,251 | | | (8,858) | | | 1,296,946 | Gross Profit | | | 80,222 | | | 67,421 | | | 91,203 | | | 13,231 | | | 10,604 | | | 262,681 | Selling, general, and administrative expenses | | | 49,032 | | | 45,831 | | | 58,943 | | | 9,226 | | | 6,998 | | | 170,030 | Net loss (gain) on disposition and impairment of assets | | | 9,983 | | | (5,970) | | | (59) | | | 63 | | | (1,559) | | | 2,458 | Other losses (gains), net | | | 462 | | | — | | | (3) | | | 203 | | | 60 | | | 722 | Earnings from operations | | | 20,745 | | | 27,560 | | | 32,322 | | | 3,739 | | | 5,105 | | | 89,471 | Interest expense | | | 30 | | | 3 | | | — | | | (212) | | | 2,936 | | | 2,757 | Interest and investment income | | | (100) | | | (4) | | | (7) | | | (2,735) | | | (9,296) | | | (12,142) | Equity in (earnings) loss of investee | | | — | | | (380) | | | — | | | 102 | | | — | | | (278) | Interest and other | | | (70) | | | (381) | | | (7) | | | (2,845) | | | (6,360) | | | (9,663) | Earnings before income taxes | | | 20,815 | | | 27,941 | | | 32,329 | | | 6,584 | | | 11,465 | | | 99,134 | Income taxes | | | 5,074 | | | 6,583 | | | 7,647 | | | 1,691 | | | 2,597 | | | 23,592 | Net earnings | | $ | 15,741 | | $ | 21,358 | | $ | 24,682 | | $ | 4,893 | | $ | 8,868 | | $ | 75,542 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 879 | | $ | 2,139 | | $ | 775 | | $ | 1,701 | | $ | 427 | | $ | 5,921 | Depreciation expense | | | 7,523 | | | 8,946 | | | 6,667 | | | 1,027 | | | 10,470 | | | 34,633 | Segment assets | | | 881,513 | | | 772,184 | | | 630,054 | | | 338,211 | | | 1,513,589 | | | 4,135,551 | Capital expenditures | | | 37,278 | | | 11,155 | | | 6,149 | | | 744 | | | 20,426 | | | 75,752 |
| | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 26, 2026 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 1,984,433 | | $ | 1,318,183 | | $ | 1,544,713 | | $ | 223,461 | | $ | 6,250 | | $ | 5,077,040 | Intersegment net sales | | | 248,262 | | | 78,901 | | | 66,384 | | | 182,926 | | | (576,473) | | | — | Cost of goods sold | | | 1,715,673 | | | 1,138,422 | | | 1,285,463 | | | 185,352 | | | (18,915) | | | 4,305,995 | Gross profit | | | 268,760 | | | 179,761 | | | 259,250 | | | 38,109 | | | 25,165 | | | 771,045 | Selling, general, and administrative expenses | | | 171,003 | | | 136,770 | | | 189,080 | | | 28,684 | | | 11,157 | | | 536,694 | Net loss (gain) on disposition and impairment of assets | | | 2,649 | | | 86 | | | 70 | | | 240 | | | (7,579) | | | (4,534) | Other losses, net | | | 123 | | | — | | | 659 | | | 399 | | | 51 | | | 1,232 | Earnings from operations | | | 94,985 | | | 42,905 | | | 69,441 | | | 8,786 | | | 21,536 | | | 237,653 | Interest expense | | | (227) | | | 7 | | | (389) | | | (696) | | | 8,644 | | | 7,339 | Interest and investment income | | | (314) | | | (8) | | | (20) | | | (6,572) | | | (16,384) | | | (23,298) | Equity in earnings of investee | | | — | | | (2,848) | | | — | | | (218) | | | — | | | (3,066) | Interest and other | | | (541) | | | (2,849) | | | (409) | | | (7,486) | | | (7,740) | | | (19,025) | Earnings before income taxes | | | 95,526 | | | 45,754 | | | 69,850 | | | 16,272 | | | 29,276 | | | 256,678 | Income taxes | | | 23,735 | | | 11,369 | | | 17,355 | | | 3,414 | | | 7,904 | | | 63,777 | Net earnings | | $ | 71,791 | | $ | 34,385 | | $ | 52,495 | | $ | 12,858 | | $ | 21,372 | | $ | 192,901 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 2,681 | | $ | 6,398 | | $ | 2,126 | | $ | 4,953 | | $ | 348 | | $ | 16,506 | Depreciation expense | | | 27,962 | | | 27,815 | | | 19,895 | | | 2,721 | | | 34,816 | | | 113,209 | Segment assets | | | 998,437 | | | 861,062 | | | 694,865 | | | 324,996 | | | 1,254,606 | | | 4,133,966 | Capital expenditures | | | 54,442 | | | 30,356 | | | 15,619 | | | 3,722 | | | 18,576 | | | 122,715 |
| | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 27, 2025 | | | | | | | | | | | | All | | | | | | | | | Retail | | Packaging | | Construction | | Other | | Corporate | | Total | Net sales to outside customers | | $ | 1,989,592 | | $ | 1,233,626 | | $ | 1,563,995 | | $ | 197,806 | | $ | 5,501 | | $ | 4,990,520 | Intersegment net sales | | | 199,760 | | | 77,016 | | | 71,860 | | | 273,361 | | | (621,997) | | | — | Cost of goods sold | | | 1,714,335 | | | 1,026,049 | | | 1,281,803 | | | 160,706 | | | (35,984) | | | 4,146,909 | Gross profit | | | 275,257 | | | 207,577 | | | 282,192 | | | 37,100 | | | 41,485 | | | 843,611 | Selling, general, and administrative expenses | | | 163,029 | | | 136,748 | | | 185,454 | | | 28,086 | | | 17,962 | | | 531,279 | Net loss (gain) on disposition and impairment of assets | | | 11,090 | | | (4,713) | | | 272 | | | 2,679 | | | (3,116) | | | 6,212 | Other losses (gains), net | | | 780 | | | — | | | 268 | | | 451 | | | (193) | | | 1,306 | Earnings from operations | | | 100,358 | | | 75,542 | | | 96,198 | | | 5,884 | | | 26,832 | | | 304,814 | Interest expense | | | 89 | | | 9 | | | — | | | (742) | | | 8,786 | | | 8,142 | Interest and investment income | | | (273) | | | (4) | | | (8) | | | (5,343) | | | (28,388) | | | (34,016) | Equity in earnings of investee | | | — | | | (853) | | | — | | | (219) | | | — | | | (1,072) | Interest and other | | | (184) | | | (848) | | | (8) | | | (6,304) | | | (19,602) | | | (26,946) | Earnings before income taxes | | | 100,542 | | | 76,390 | | | 96,206 | | | 12,188 | | | 46,434 | | | 331,760 | Income taxes | | | 23,010 | | | 17,482 | | | 22,017 | | | 2,779 | | | 10,636 | | | 75,924 | Net earnings | | $ | 77,532 | | $ | 58,908 | | $ | 74,189 | | $ | 9,409 | | $ | 35,798 | | $ | 255,836 | Other significant items: | | | | | | | | | | | | | | | | | | | Amortization expense | | $ | 2,793 | | $ | 6,484 | | $ | 2,181 | | $ | 4,973 | | $ | 1,235 | | $ | 17,666 | Depreciation expense | | | 22,425 | | | 26,933 | | | 19,188 | | | 3,080 | | | 29,948 | | | 101,574 | Segment assets | | | 881,513 | | | 772,184 | | | 630,054 | | | 338,211 | | | 1,513,589 | | | 4,135,551 | Capital expenditures | | | 91,804 | | | 57,704 | | | 22,813 | | | 2,168 | | | 31,015 | | | 205,504 |
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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 nine months ended September 26, 2026, and September 27, 2025 (in thousands). | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 26, | | September 27, | | September 26, | | September 27, | | | 2026 | | 2025 | | 2026 | | 2025 | Retail | | | | | | | | | | | | | ProWood | | $ | 499,293 | | $ | 486,682 | | $ | 1,609,092 | | $ | 1,658,058 | Deckorators | | | 108,590 | | | 81,163 | | | 299,937 | | | 244,769 | UFP Edge | | | 26,631 | | | 26,140 | | | 75,404 | | | 86,765 | Total Retail | | $ | 634,514 | | $ | 593,985 | | $ | 1,984,433 | | $ | 1,989,592 | | | | | | | | | | | | | | Packaging | | | | | | | | | | | | | Structural Packaging | | $ | 286,561 | | $ | 245,868 | | $ | 818,159 | | $ | 769,151 | PalletOne | | | 155,487 | | | 126,573 | | | 433,570 | | | 402,706 | Protective Packaging | | | 23,797 | | | 22,508 | | | 66,454 | | | 61,769 | Total Packaging | | $ | 465,845 | | $ | 394,949 | | $ | 1,318,183 | | $ | 1,233,626 | | | | | | | | | | | | | | Construction | | | | | | | | | | | | | Factory Built | | $ | 218,790 | | $ | 201,596 | | $ | 627,718 | | $ | 648,484 | Site-Built | | | 187,782 | | | 168,069 | | | 525,058 | | | 561,099 | Commercial | | | 93,120 | | | 78,227 | | | 237,733 | | | 212,462 | Concrete Forming | | | 52,731 | | | 48,573 | | | 154,204 | | | 141,950 | Total Construction | | $ | 552,423 | | $ | 496,465 | | $ | 1,544,713 | | $ | 1,563,995 | | | | | | | | | | | | | | All Other | | $ | 78,029 | | $ | 72,482 | | $ | 223,461 | | $ | 197,806 | | | | | | | | | | | | | | Corporate | | $ | 2,025 | | $ | 1,746 | | $ | 6,250 | | $ | 5,501 | | | | | | | | | | | | | | Total Net Sales | | $ | 1,732,836 | | $ | 1,559,627 | | $ | 5,077,040 | | $ | 4,990,520 |
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