UFPI - UFP Industries Inc. (UFPI) Q4 2023 Earnings Call Transcript
2024-02-20 13:13:07 ET
UFP Industries, Inc. (UFPI)
Q4 2023 Earnings Conference Call
February 20, 2024, 09:00 AM ET
Company Participants
Dick Gauthier - VP, IR
Matt Missad - CEO
Mike Cole - CFO
Conference Call Participants
Ketan Mamtora - BMO Capital Markets
Kurt Yinger - D.A. Davidson
Stanley Elliott - Stifel
Jay McCanless - Wedbush Securities
Presentation
Operator
Good day, and welcome to the Q4 2023 UFP Industries Inc. Earnings Conference Call and Webcast. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker, Mr. Dick Gauthier, Vice President of Investor Relations. The floor is yours, sir.
Dick Gauthier
Welcome to the fourth quarter 2023 conference call for UFP Industries. Hosting the call today are CEO, Matt Missad; and CFO, Mike Cole. Matt and Mike will offer prepared remarks, and then the call will be open for questions. This conference call is available simultaneously in its entirety to all interested investors and news media through our webcast at ufpi.com. Replay will also be available at that website.
Before I turn the call over to Matt Missad, let me remind you that today's press release and presentation include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the company's expectations and projections. These risks and uncertainties include, but are not limited to, those factors identified in the press release and in the filings with the Securities and Exchange Commission.
I will now turn the call over to Matt Missad.
Matt Missad
Thank you, Dick, and good morning, everyone. Thank you for joining our fourth quarter and year-end 2023 earnings call. Like George Costanza, we stopped short of our goal for the year, but thanks to the efforts of our team, we posted the third best sales and profit year in our 69-year history.
As we have described before, the best way to analyze our performance without the abnormal lumber market, supply constraints and outsized demand from Q3 of 2020 through 2022 is to go back to 2019 and measure our progress....
UFP Industries, Inc. (UFPI) Q4 2023 Earnings Call Transcript