UFP Industries reports $100M growth target for decking and railing by 2026 amid rising freight costs.
UFP Industries recorded its first year-over-year organic growth in Q2 2026 since Q3 2022, marking a key turnaround. CEO William Schwartz highlighted the milestone during an earnings call, attributing the improvement to stronger demand in its core markets.
The company targets $100M in growth for its decking and railing segment by 2026, despite a roughly 30% increase in freight rates. Prior quarters had seen declines due to supply chain disruptions and weaker construction activity.
Management did not disclose immediate market reactions but emphasized the positive trajectory as a sign of recovery.