Universal Forest Products, Inc. (UFPI) reports second quarter 2013 net sales of $738.4 increased 24.4 percent over the $593.7 net sales for the same period of 2012. Second quarter net earnings for 2013 equaled $15.8 million compared to $17.5 million for the same period 2012, although 2012’s earning included gains on the sale of real estate worth $6.9 million. Adjusted net earnings therefore for Q2 2012 actually equal $13.2 million. UFPI (NASDAQ:UFPI) states all five of its markets experienced double digit gains. It’s manufactured housing sector gross sales hit $109.5 million, an increase of 35.7 percent over the same period of 2012. As fortmilltimes informs MHProNews, UFPI is a holding company providing administrative, capital and management resources to manufactured housing and residential construction markets. Its stock gained +0.34% to close at 38.36 in today’s trading.
