backs long-term targets and provides 2026 outlook

UFP Industries (UFPI) anticipates that the current, more challenging market environment will continue in 2026 and that overall demand for the balance of the year will likely be towards the lower end of prior guidance, which called for flat to slightly down unit expectations in each of our segments based on sales mix. Input cost, primarily tied to energy and transportation, will remain a headwind, and while we have mechanisms in place to offset these higher costs, the company expects to make progress gradually through the remainder of the year. In addition, initial stocking orders, upgraded manufacturing capacity, and expanded distribution are expected to support momentum in Deckorators and Surestone businesses in 2026. The company’s long-term goals remain unchanged and include: 1) achieving 7%-10% unit sales growth annually including bolt-on acquisitions with at least 10% of all sales coming from new products; 2) achieving 12.5% adjusted EBITDA margins; 3) earning an incremental return on new investments over hurdle rate; and 4) maintaining a conservative capital structure.