Business
UFPI Net Earnings Fall 69% During 2Q; Names New CEO
Net earnings at Universal Forest Products, Inc. fell 69%, compared with the same period a year ago, during the second quarter to finish at $4.3 million, the company reported. Net sales also fell 15% to $544.1 million during the quarter. The company also introduced Matthew Missad as CEO. He will replace Michael Glenn who handed in his resignation last month citing health concerns as his reason for departure.
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