Universal Forest Products (UFPI -6%) slides on a disappointing Q4 that missed estimates across...

|About: Universal Forest Products, ... (UFPI)|By:, SA News Editor

Universal Forest Products (UFPI -6%) slides on a disappointing Q4 that missed estimates across the board late yesterday. Net losses widened as the wood-products and construction materials company was hit by higher expenses, masking improved sales across its segments. Gross margin narrowed to 9.4% from 11.2%, as input costs rose 14%.