Exhibit 99(a)

UFP Industries Announces Third Quarter 2025 Results

GRAND RAPIDS, MI (October 29, 2025) - UFP Industries, Inc. (Nasdaq: UFPI) a leading manufacturer focused on delivering value-added products across its Retail, Packaging, and Construction segments reported results for the third quarter 2025.

●Net Sales of $1.56 billion decreased by 5 percent due to a 1 percent decrease in price and a 4 percent decline in organic units.

●Diluted earnings per share of $1.29 compared to $1.64 a year ago.

●Net earnings attributable to controlling interests of $75 million compared to $100 million a year ago.

●Adjusted EBITDA¹ was $140.0 million in the quarter, or 9.0 percent of net sales compared to 10.0 percent a year ago.

●New product sales were 7.6 percent of total sales.

●Repurchased approximately $350 million in company shares year to date in 2025.

●Reaffirming volume outlook across each business segment for the remainder of 2025.

Will Schwartz, President and CEO of UFP Industries commented, “Our third quarter played out largely as anticipated and reflective of the competitive environment we are seeing across our end markets. Visibility remains limited, particularly in markets tied to residential construction; however, trends across the majority of our business units have shown signs of stabilizing, demonstrating the benefits of our balanced portfolio and the team we have in place. I’m proud of how our team has navigated these challenging market conditions with our adjusted EBITDA margin approximately 200 basis points higher than 2019 levels despite competitive pricing and weaker demand, startup costs associated with growth investments and substantial investments to build our Surestone brand. We plan to gain market share, strengthen return on capital, and achieve margin improvements. As part of this plan, we will have reduced structural costs by $60 million from 2024 levels by the end of 2026.”

Schwartz continued, “Looking ahead, we are driving innovation across the product portfolio and making strategic investments to create shareholder value. Our long-term capital plans remain aggressive, with a bias toward driving growth through investment in our most attractive opportunities. M&A remains a key component to our capital allocation strategy, and we have identified targets across each of our business units that complement our core strengths. Our robust financial position remains a competitive advantage enabling us to repurchase approximately $350 million of our shares through the end of October, while increasing our cash dividend year over year. Grounded in the strength of our team and business model, we remain focused on the strategies to grow our core, higher margin businesses, develop innovative new products and drive operational efficiencies across our network of plants. We are confident in our ability to continue executing as we move into next year.”

Third Quarter 2025 Highlights

UFP Consolidated


(In thousands)	Quarter Period								Year to Date
	2025			2024			% Change		2025			2024			% Change
NET SALES	$	1,559,627		$	1,649,383		(5.4)	%	$	4,990,520		$	5,190,308		(3.8)	%
GROSS PROFIT		262,681			298,412		(12.0)			843,611			987,233		(14.5)
GROSS MARGIN		16.8	%		18.1	%				16.9	%		19.0	%
NET EARNINGS		75,542			101,619		(25.7)			255,836			348,950		(26.7)
ADJUSTED EBITDA		140,019			164,915		(15.1)			456,317			549,562		(17.0)
ADJUSTED EBITDA MARGIN		9.0	%		10.0	%				9.1	%		10.6	%

PERCENTAGE CHANGE IN SALES:
ORGANIC UNITS		(4)	%							(3)	%
ACQUISITIONS		—								—
SELLING PRICES		(1)								(1)

¹ Represents a non-GAAP measurement; see the reconciliation of non-GAAP financial measures and related explanations below.

‌Page 1

Exhibit 99(a)

UFP Retail


(In thousands)	Quarter Period								Year to Date
	2025			2024			% Change		2025			2024			% Change
NET SALES	$	593,985		$	635,571		(6.5)	%	$	1,989,592		$	2,073,403		(4.0)	%
GROSS PROFIT		80,222			93,055		(13.8)			275,257			320,939		(14.2)
GROSS MARGIN		13.5	%		14.6	%				13.8	%		15.5	%
NET EARNINGS		15,741			31,769		(50.5)			77,532			114,768		(32.4)
ADJUSTED EBITDA		39,985			51,155		(21.8)			139,812			176,701		(20.9)
ADJUSTED EBITDA MARGIN		6.7	%		8.0	%				7.0	%		8.5	%

PERCENTAGE CHANGE IN SALES:
ORGANIC UNITS		(6)	%							(5)	%
ACQUISITIONS		—								—
SELLING PRICES		(1)								1

●

ProWood organic unit sales declined 5 percent in the quarter from year ago levels.

●

Deckorators organic unit sales grew 5 percent in the quarter from year ago levels.

●

Retail gross profit and adjusted EBITDA fell 14 percent and 22 percent, respectively, from year ago levels. Falling lumber prices, temporary startup costs associated with the expansion of our Surestone product launch, inefficiencies from our Edge restructuring efforts, and higher marketing spend drove declines in the quarter. These were partially offset by a decrease in SG&A expenses despite higher advertising investments to build the Surestone brand.

UFP Packaging


(In thousands)	Quarter Period								Year to Date
	2025			2024			% Change		2025			2024			% Change
NET SALES	$	394,949		$	401,626		(1.7)	%	$	1,233,626		$	1,261,248		(2.2)	%
GROSS PROFIT		67,421			71,245		(5.4)			207,577			240,371		(13.6)
GROSS MARGIN		17.1	%		17.7	%				16.8	%		19.1	%
NET EARNINGS		21,358			16,507		29.4			58,908			63,472		(7.2)
ADJUSTED EBITDA		34,284			34,348		(0.2)			108,125			121,620		(11.1)
ADJUSTED EBITDA MARGIN		8.7	%		8.6	%				8.8	%		9.6	%

PERCENTAGE CHANGE IN SALES:
ORGANIC UNITS		(3)	%							(1)	%
ACQUISITIONS		1								1
SELLING PRICES		-								(2)

●

Structural Packaging organic unit sales declined 5 percent in the quarter from year ago levels.

●

PalletOne organic unit sales declined 4 percent in the quarter from year ago levels.

●

Protective Packaging unit sales grew 15 percent in the quarter from a year ago.

●

Packaging gross profit and adjusted EBITDA fell 5 percent and held flat, respectively, from year ago levels. Gross profit declines were primarily due to PalletOne because of price competition as we are executing our strategy to increase market share. Adjusted EBITDA was flat as the decline in gross profit was offset by a decrease in SG&A.

‌Page 2

Exhibit 99(a)

UFP Construction


(In thousands)	Quarter Period								Year to Date
	2025			2024			% Change		2025			2024			% Change
NET SALES	$	496,465		$	534,625		(7.1)	%	$	1,563,995		$	1,627,068		(3.9)	%
GROSS PROFIT		91,203			111,658		(18.3)			282,192			351,548		(19.7)
GROSS MARGIN		18.4	%		20.9	%				18.0	%		21.6	%
NET EARNINGS		24,682			32,127		(23.2)			74,189			108,584		(31.7)
ADJUSTED EBITDA		41,878			50,888		(17.7)			124,668			163,395		(23.7)
ADJUSTED EBITDA MARGIN		8.4	%		9.5	%				8.0	%		10.0	%

PERCENTAGE CHANGE IN SALES:
ORGANIC UNITS		(2)	%							1	%
ACQUISITIONS		—								—
SELLING PRICES		(5)								(5)

●

Site Built organic unit sales declined 15 percent in the quarter from year ago levels.

●

Factory Built organic unit sales grew 4 percent in the quarter from year ago levels.

●

Concrete Forming Solutions organic unit sales grew 12 percent in the quarter from year ago levels.

●

Commercial organic sales grew 13 percent in the quarter from year ago levels.

●

Construction gross profit and adjusted EBITDA each fell 18 percent, respectively from year ago levels. Weaker volumes and competitive pricing in our Site Built business led the declines in the quarter as our other businesses reported profit growth in the quarter.

Capital Structure, Leverage and Liquidity Information

UFP Industries maintains a strong balance sheet and as of September 27, 2025, had liquidity of approximately $2.3 billion consisting of $1.0 billion of cash and $1.3 billion of remaining availability under its revolving credit facility and a shelf agreement with certain lenders. The company’s return-focused approach to capital allocation includes the following:

●

Acquisitions and Organic Growth. The company seeks strategic acquisitions and invests in organic growth opportunities when acquisition targets are not available at valuations that will allow us to meet or exceed targeted return rates. In 2024, the company announced up to $1 billion in capital investments through 2028 for automation, technology upgrades, geographic expansion, and increased capacity at existing facilities. The company expects to invest approximately $275 million to $300 million on capital projects in 2025.

●

Dividend payments. On October 23, 2025, the UFP Industries Board of Directors approved a quarterly cash dividend payment of $0.35 per share, which represents a 6 percent year over year increase. This dividend is payable on December 15, 2025, to shareholders of record on December 1, 2025. We continue to consider our payout ratio and yield when determining the appropriate dividend rate and have a long-term objective of increasing our dividend in line with our earnings growth.

●

Share repurchases. As of September 27, 2025, we have repurchased 2.8 million shares for $291 million, at an average share price of $103.04 for the year. In October, we have repurchased an additional 615k shares for $56 million, at an average price of $91.03.

2025 Full Year and Long-Term Outlook

Our 2025 outlook remains largely unchanged. We continue to anticipate the softer demand and competitive pricing environment will remain through the balance of 2025 and are planning for low single-digit unit declines in each of our segments. We anticipate a more significant decline in markets tied to new residential construction, but we continue to expect to see some level of stabilization in most of our other businesses units as an offset. We expect initial stocking orders and expanded manufacturing and distribution capabilities will support momentum in our Deckorators’s and Surestone business through the remainder of the year and into 2026.

The company’s long-term goals remain unchanged and include: 1) achieving 7-10 percent unit sales growth annually (including bolt-on acquisitions) with at least 10 percent of all sales coming from new products; 2) achieving 12.5 percent adjusted EBITDA margins; 3) earning an incremental return on new investments over our hurdle rate; and 4) maintaining a conservative capital structure

‌Page 3

Exhibit 99(a)

Conference Call

UFP Industries will host a conference call on Thursday, October 30, 2025, to discuss these results and outlook. The conference call will begin at 10:00 a.m. Eastern Time and will be hosted by CEO Will Schwartz and CFO Michael Cole. Interested investors can access the webcast directly with this link (here). A replay of the call will be available through the UFP Investor Relations website at www.ufpinvestor.com for at least 90 days following the call.

UFP Industries, Inc.

UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia and Australia. For more about UFP Industries, go to www.ufpi.com.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in currency and inflation; fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; changes in tariffs, import/export regulations, and other trade policies; concentration of sales to customers; the success of vertical integration strategies; excess capacity or supply chain challenges; inbound and outbound transportation costs; alternatives to replace treated wood products; government regulations, particularly involving environmental and safety regulations; our ability to make successful business acquisitions; cybersecurity breaches; and potential pandemics. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission

Non-GAAP Financial Information

This release includes certain financial information not prepared in accordance with U.S. GAAP. Because not all companies calculate non-GAAP financial information identically (or at all), the presentations herein may not be comparable to other similarly titled measures used by other companies. Management uses Adjusted EBITDA, a non-GAAP financial measure, in order to evaluate historical and ongoing operations. Management believes that this non-GAAP financial measure is useful in order to enable investors to perform meaningful comparisons of historical and current performance. Adjusted EBITDA is intended to supplement and should be read together with the financial results. Adjusted EBITDA should not be considered an alternative or substitute for, and should not be considered superior to, the reported financial results. Accordingly, users of this financial information should not place undue reliance on the non-GAAP financial measure. See the table below for a reconciliation of Adjusted EBITDA to net earnings.

Net earnings

Net earnings refers to net earnings attributable to controlling interest unless specifically noted.

# # #

---------------AT THE COMPANY---------------

Stanley Elliott

Director of Investor Relations

(804) 337-8217

‌Page 4

Exhibit 99(a)

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND

COMPREHENSIVE INCOME (UNAUDITED)

FOR THE THREE AND NINE MONTHS ENDED

SEPTEMBER 2025/2024


	Quarter Period								Year to Date
(In thousands, except per share data)	2025				2024				2025				2024
NET SALES	$	1,559,627	100.0	%	$	1,649,383	100.0	%	$	4,990,520	100.0	%	$	5,190,308	100.0	%

COST OF GOODS SOLD		1,296,946	83.2			1,350,971	81.9			4,146,909	83.1			4,203,075	81.0

GROSS PROFIT		262,681	16.8			298,412	18.1			843,611	16.9			987,233	19.0

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		170,030	10.9			183,341	11.1			531,279	10.6			578,555	11.1
NET LOSS (GAIN) ON DISPOSITION AND IMPAIRMENT OF ASSETS		2,458	0.2			(453)	—			6,212	0.1			1,538	—
OTHER LOSSES (GAINS), NET		722	—			(4,402)	(0.3)			1,306	—			(5,643)	(0.1)

EARNINGS FROM OPERATIONS		89,471	5.7			119,926	7.3			304,814	6.1			412,783	8.0

INTEREST AND OTHER		(9,663)	(0.6)			(14,184)	(0.9)			(26,946)	(0.5)			(36,353)	(0.7)

EARNINGS BEFORE INCOME TAXES		99,134	6.4			134,110	8.1			331,760	6.6			449,136	8.7

INCOME TAXES		23,592	1.5			32,491	2.0			75,924	1.5			100,186	1.9

NET EARNINGS		75,542	4.8			101,619	6.2			255,836	5.1			348,950	6.7

LESS NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTEREST		(196)	—			(1,819)	(0.1)			(1,003)	—			(2,429)	—

NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST	$	75,346	4.8		$	99,800	6.1		$	254,833	5.1		$	346,521	6.7

EARNINGS PER SHARE - BASIC	$	1.29			$	1.64			$	4.29			$	5.66

EARNINGS PER SHARE - DILUTED	$	1.29			$	1.64			$	4.28			$	5.65

COMPREHENSIVE INCOME	$	76,049			$	102,411			$	271,262			$	340,632

LESS COMPREHENSIVE (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST		(487)				(1,032)				(2,878)				397

COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST	$	75,562			$	101,379			$	268,384			$	341,029

‌Page 5

Exhibit 99(a)

CONDENSED CONSOLIDATED STATEMENTS

OF EARNINGS BY SEGMENT (UNAUDITED)

FOR THE THREE MONTHS ENDED SEPTEMBER 2025/2024


	Quarter Period 2025
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET SALES	$	593,985	$	394,949	$	496,465	$	72,482	$	1,746	$	1,559,627
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 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


	Quarter Period 2024
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET SALES	$	635,571	$	401,626	$	534,625	$	75,802	$	1,759	$	1,649,383
COST OF GOODS SOLD		542,516		330,381		422,967		61,350		(6,243)		1,350,971
GROSS PROFIT		93,055		71,245		111,658		14,452		8,002		298,412
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		54,113		49,352		69,046		13,696		(2,866)		183,341
NET (GAIN) LOSS ON DISPOSITION AND IMPAIRMENT OF ASSETS		(9)		28		(64)		(4)		(404)		(453)
OTHER (GAINS) LOSSES, NET		(2,861)		—		276		(1,787)		(30)		(4,402)
EARNINGS FROM OPERATIONS		41,812		21,865		42,400		2,547		11,302		119,926
INTEREST AND OTHER		(114)		81		—		(4,033)		(10,118)		(14,184)
EARNINGS BEFORE INCOME TAXES		41,926		21,784		42,400		6,580		21,420		134,110
INCOME TAXES		10,157		5,277		10,273		1,594		5,190		32,491
NET EARNINGS	$	31,769	$	16,507	$	32,127	$	4,986	$	16,230	$	101,619

‌Page 6

Exhibit 99(a)

CONDENSED CONSOLIDATED STATEMENTS

OF EARNINGS BY SEGMENT (UNAUDITED)

FOR THE NINE MONTHS ENDED SEPTEMBER 2025/2024


	Year to Date 2025
(In thousands)	Retail		Packaging		Construction			All Other			Corporate		Total
NET SALES	$	1,989,592	$	1,233,626	$	1,563,995		$	197,806		$	5,501	$	4,990,520
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 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


	Year to Date 2024
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET SALES	$	2,073,403	$	1,261,248	$	1,627,068	$	224,219	$	4,370	$	5,190,308
COST OF GOODS SOLD		1,752,464		1,020,877		1,275,520		171,916		(17,702)		4,203,075
GROSS PROFIT		320,939		240,371		351,548		52,303		22,072		987,233
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		175,014		156,289		211,503		41,663		(5,914)		578,555
NET LOSS (GAIN) ON DISPOSITION AND IMPAIRMENT OF ASSETS		877		1,455		222		10		(1,026)		1,538
OTHER (GAINS) LOSSES, NET		(2,527)		—		70		(3,286)		100		(5,643)
EARNINGS FROM OPERATIONS		147,575		82,627		139,753		13,916		28,912		412,783
INTEREST AND OTHER		(386)		1,314		(25)		(8,826)		(28,430)		(36,353)
EARNINGS BEFORE INCOME TAXES		147,961		81,313		139,778		22,742		57,342		449,136
INCOME TAXES		33,193		17,841		31,194		5,072		12,886		100,186
NET EARNINGS	$	114,768	$	63,472	$	108,584	$	17,670	$	44,456	$	348,950

‌Page 7

Exhibit 99(a)

RECONCILIATION OF NET EARNINGS TO

ADJUSTED EBITDA BY SEGMENT (UNAUDITED)

FOR THE THREE MONTHS ENDED SEPTEMBER 2025/2024


	Quarter Period 2025
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET EARNINGS	$	15,741	$	21,358	$	24,682	$	4,893	$	8,868	$	75,542
INTEREST AND OTHER		(70)		(381)		(7)		(2,845)		(6,360)		(9,663)
INCOME TAXES		5,074		6,583		7,647		1,691		2,597		23,592
EXPENSES ASSOCIATED WITH SHARE-BASED COMPENSATION ARRANGEMENTS		855		1,609		2,173		171		2,728		7,536
NET LOSS (GAIN) ON DISPOSITION AND IMPAIRMENT OF ASSETS		7,583		(5,970)		(59)		63		(1,559)		58
IMPAIRMENT OF INTANGIBLES		2,400		—		—		—		—		2,400
DEPRECIATION EXPENSE		7,523		8,946		6,667		1,027		10,470		34,633
AMORTIZATION OF INTANGIBLES		879		2,139		775		1,701		427		5,921
ADJUSTED EBITDA	$	39,985	$	34,284	$	41,878	$	6,701	$	17,171	$	140,019

NET EARNINGS AS A PERCENTAGE OF NET SALES		2.7%		5.4%		5.0%		6.8%		*		4.8%

ADJUSTED EBITDA AS A PERCENTAGE OF NET SALES		6.7%		8.7%		8.4%		9.2%		*		9.0%
* Not meaningful


	Quarter Period 2024
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET EARNINGS	$	31,769	$	16,507	$	32,127	$	4,986	$	16,230	$	101,619
INTEREST AND OTHER		(114)		81		—		(4,033)		(10,118)		(14,184)
INCOME TAXES		10,157		5,277		10,273		1,594		5,190		32,491
EXPENSES ASSOCIATED WITH SHARE-BASED COMPENSATION ARRANGEMENTS		1,116		1,575		1,822		140		3,416		8,069
NET (GAIN) LOSS ON DISPOSITION AND IMPAIRMENT OF ASSETS		(9)		28		(64)		(4)		(404)		(453)
GAIN FROM REDUCTION OF ESTIMATED EARNOUT LIABILITY		—		—		—		—		—		—
DEPRECIATION EXPENSE		7,238		8,664		6,027		832		8,726		31,487
AMORTIZATION OF INTANGIBLES		998		2,216		703		1,536		433		5,886
ADJUSTED EBITDA	$	51,155	$	34,348	$	50,888	$	5,051	$	23,473	$	164,915

NET EARNINGS AS A PERCENTAGE OF NET SALES		5.0%		4.1%		6.0%		6.6%		*		6.2%

ADJUSTED EBITDA AS A PERCENTAGE OF NET SALES		8.0%		8.6%		9.5%		6.7%		*		10.0%
* Not meaningful

‌Page 8

Exhibit 99(a)

RECONCILIATION OF NET EARNINGS TO

ADJUSTED EBITDA BY SEGMENT (UNAUDITED)

FOR THE NINE MONTHS ENDED SEPTEMBER 2025/2024


	Year to Date 2025
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET EARNINGS	$	77,532	$	58,908	$	74,189	$	9,409	$	35,798	$	255,836
INTEREST AND OTHER		(184)		(848)		(8)		(6,304)		(19,602)		(26,946)
INCOME TAXES		23,010		17,482		22,017		2,779		10,636		75,924
EXPENSES ASSOCIATED WITH SHARE-BASED COMPENSATION ARRANGEMENTS		3,146		5,390		7,173		609		11,588		27,906
NET LOSS (GAIN) ON DISPOSITION AND IMPAIRMENT OF ASSETS		8,690		(4,713)		272		2,679		(3,116)		3,812
IMPAIRMENT OF INTANGIBLES		2,400		—		—		—		—		2,400
GAIN FROM REDUCTION OF ESTIMATED EARNOUT LIABILITY		—		(1,511)		(344)		—		—		(1,855)
DEPRECIATION EXPENSE		22,425		26,933		19,188		3,080		29,948		101,574
AMORTIZATION OF INTANGIBLES		2,793		6,484		2,181		4,973		1,235		17,666
ADJUSTED EBITDA	$	139,812	$	108,125	$	124,668	$	17,225	$	66,487	$	456,317

NET EARNINGS AS A PERCENTAGE OF NET SALES		3.9%		4.8%		4.7%		4.8%		*		5.1%

ADJUSTED EBITDA AS A PERCENTAGE OF NET SALES		7.0%		8.8%		8.0%		8.7%		*		9.1%
* Not meaningful


	Year to Date 2024
(In thousands)	Retail		Packaging		Construction		All Other		Corporate		Total
NET EARNINGS	$	114,768	$	63,472	$	108,584	$	17,670	$	44,456	$	348,950
INTEREST AND OTHER		(386)		1,314		(25)		(8,826)		(28,430)		(36,353)
INCOME TAXES		33,193		17,841		31,194		5,072		12,886		100,186
EXPENSES ASSOCIATED WITH SHARE-BASED COMPENSATION ARRANGEMENTS		3,928		5,351		6,098		609		11,359		27,345
NET LOSS (GAIN) ON DISPOSITION AND IMPAIRMENT OF ASSETS		877		1,455		222		10		(1,026)		1,538
GAIN FROM REDUCTION OF ESTIMATED EARNOUT LIABILITY		—		(37)		(1,818)		—		—		(1,855)
DEPRECIATION EXPENSE		21,327		25,600		17,032		2,449		25,722		92,130
AMORTIZATION OF INTANGIBLES		2,994		6,624		2,108		4,573		1,322		17,621
ADJUSTED EBITDA	$	176,701	$	121,620	$	163,395	$	21,557	$	66,289	$	549,562

NET EARNINGS AS A PERCENTAGE OF NET SALES		5.5%		5.0%		6.7%		7.9%		*		6.7%

ADJUSTED EBITDA AS A PERCENTAGE OF NET SALES		8.5%		9.6%		10.0%		9.6%		*		10.6%
* Not meaningful

‌Page 9

Exhibit 99(a)

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

SEPTEMBER 2025/2024


(In thousands)
ASSETS		2025		2024	LIABILITIES AND EQUITY		2025		2024

CURRENT ASSETS					CURRENT LIABILITIES
Cash and cash equivalents	$	1,008,632		1,190,807	Accounts payable	$	231,905		239,897
Restricted cash		3,062		761	Accrued liabilities and other		294,923		322,031
Investments		33,926		38,935	Current portion of debt		5,386		44,103
Accounts receivable		607,537		650,869
Inventories		667,418		645,429
Other current assets		66,509		86,724

TOTAL CURRENT ASSETS		2,387,084		2,613,525	TOTAL CURRENT LIABILITIES		532,214		606,031

OTHER ASSETS		283,796		259,637	LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS		229,007		232,043
INTANGIBLE ASSETS, NET		488,774		501,641	OTHER LIABILITIES		166,057		180,465

					TEMPORARY EQUITY		5,018		5,527

PROPERTY, PLANT AND EQUIPMENT, NET		975,897		843,082	SHAREHOLDERS' EQUITY		3,203,255		3,193,819


TOTAL ASSETS	$	4,135,551	$	4,217,885	TOTAL LIABILITIES AND EQUITY	$	4,135,551	$	4,217,885

‌Page 10

Exhibit 99(a)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

FOR THE NINE MONTHS ENDED

SEPTEMBER 2025/2024


(In thousands)		2025		2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$	255,836	$	348,950
Adjustments to reconcile net earnings to net cash from operating activities:

Depreciation		101,574		92,130
Amortization of intangibles		17,666		17,621
Expense associated with share-based and grant compensation arrangements		27,906		27,345
Deferred income taxes		(393)		(674)
Unrealized gain on investment and other		(2,195)		(3,201)
Equity in (earnings) loss of investee		(1,072)		1,313
Net loss on sale, disposition and impairment of assets		3,812		1,538
Impairment of intangibles		2,400		—
Gain from reduction of estimated earnout liability		(1,855)		(1,855)
Changes in:
Accounts receivable		(104,813)		(102,355)
Inventories		61,025		81,238
Accounts payable		6,243		37,391
Accrued liabilities and other		32,988		(1,779)
NET CASH FROM OPERATING ACTIVITIES		399,122		497,662

CASH FLOWS USED IN INVESTING ACTIVITIES:
Purchases of property, plant, and equipment		(205,504)		(165,493)
Proceeds from sale of property, plant and equipment		17,308		3,795
Acquisitions and purchases of non-controlling interest, net of cash received		(17,626)		—
Purchases of investments		(27,388)		(34,284)
Proceeds from sale of investments		14,464		13,782
Other		1,535		4,712
NET CASH USED IN INVESTING ACTIVITIES		(217,211)		(177,488)

CASH FLOWS USED IN FINANCING ACTIVITIES:
Borrowings under revolving credit facilities		23,299		20,130
Repayments under revolving credit facilities		(22,469)		(20,477)
Repayment of debt on behalf of investee		—		(6,303)
Contingent consideration payments and other		(221)		(4,779)
Proceeds from issuance of common stock		1,867		2,122
Dividends paid to shareholders		(62,490)		(60,721)
Distributions to noncontrolling interest		(1,280)		(11,848)
Purchase of remaining noncontrolling interest of subsidiary		—		(4,902)
Payments to taxing authorities in connection with shares directly withheld from employees		(9,582)		(17,838)
Repurchase of common stock		(280,987)		(141,122)
Other		(182)		55
NET CASH USED IN FINANCING ACTIVITIES		(352,045)		(245,683)

Effect of exchange rate changes on cash		2,234		(5,179)
NET CHANGE IN CASH AND CASH EQUIVALENTS		(167,900)		69,312

ALL CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		1,179,594		1,122,256

ALL CASH AND CASH EQUIVALENTS, END OF PERIOD	$	1,011,694	$	1,191,568

Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents, beginning of period	$	1,171,828	$	1,118,329
Restricted cash, beginning of period		7,766		3,927
All cash and cash equivalents, beginning of period	$	1,179,594	$	1,122,256

Cash and cash equivalents, end of period	$	1,008,632	$	1,190,807
Restricted cash, end of period		3,062		761
All cash and cash equivalents, end of period	$	1,011,694	$	1,191,568

‌Page 11

UFP INDUSTRIES INC 8-K