Earnings release
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Exhibit 99.1 UFP Industries Announces Third Quarter 2026 Results GRAND RAPIDS, MI (October 28, 2026) - UFP Industries, Inc. (Nasdaq: UFPI), a leading manufacturer focused on delivering value-added products across its Retail, Packaging, and Construction segments, reported results for the third quarter 2026. ● Net sales of $1.73 billion increased by 11.1 percent compared to $1.56 billion a year ago due to a 4 percent increase in organic units (excluding growth from acquisitions within the last 12 months), a 2 percent increase due to acquisitions, and a 5 percent increase in selling prices. ● Diluted earnings per share of $1.05 compared to $1.29 a year ago, and Net earnings attributable to controlling interests of $58 million compared to $75 million a year ago. Earnings were primarily impacted by higher freight and lumber costs, offset by organic unit growth, benefits from ongoing cost out actions, and improved gross profit in several business units. ● Adjusted EBITDA1 was $119.3 million in the quarter, or 6.9 percent of net sales compared to $140.0 million, or 9.0 percent of net sales a year ago, as transportation costs, net of fuel surcharges, increased by $19 million, or 1.3 percent of net sales. ● Cash flows from operating activities in the first nine months of 2026 were $235 million. Cash used to invest in seasonal working capital requirements during the first nine months totaled roughly $100 million and is expected to be converted to cash in the fourth quarter. Free cash flow1 of $287 million for the first nine months of 2026 was used to repurchase nearly $183 million of our shares. Will Schwartz, President and CEO of UFP Industries, commented, “Organic unit growth strengthened in the third quarter despite continued pressure across several of our end markets, which speaks to the successes we are seeing with our product and market-share initiatives. New products increased to 8.7 percent of net sales, led by continued momentum in our Deckorators, Structural Packaging, and Construction value-added offerings. The breadth of this growth demonstrates the benefits of our balanced portfolio and the investments we have made to drive above-market growth and gain share, even as underlying demand across many of our end markets remains challenged. Profitability continued to be affected by elevated transportation and material costs, which limited the earnings benefit from higher volumes and an improved earnings profile. We continue to focus on what we can control. We now expect to meet or exceed our initial $60 million cost-savings objective by year-end, and we continue to pursue additional productivity, capacity consolidation, and cost reduction opportunities. We also see further profit-improvement opportunities as we integrate recent acquisitions, improve utilization of our newer facilities, and increase the mix of new and value-added products across our portfolio. Importantly, the progress we have made in strengthening the underlying profitability of the business remains intact. Our profitability today is meaningfully stronger than it was before our management structure change in 2019, even though transportation costs have increased significantly as a percentage of net sales since then. These higher costs have masked some of the earnings improvement we have made across the portfolio, but we believe our cost actions and operating initiatives provide meaningful opportunities to improve profitability without relying on a near-term market recovery. Schwartz continued, “Our financial position remains a competitive advantage. We ended the quarter with approximately $2 billion of liquidity and no borrowings outstanding under our revolving credit facility, giving us the flexibility to invest through the cycle. So far this year, we have completed three acquisitions, announced a fourth, and returned more than $240 million to shareholders through dividends and share repurchases. Our M&A pipeline remains active, and we will stay disciplined, pursuing opportunities that strengthen our core businesses, expand our value-added portfolio, and meet our return criteria.” 1 Represents a non-GAAP measurement; see the reconciliation of non-GAAP financial measures and related explanations below. Page 1
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Exhibit 99.1 Third Quarter 2026 Highlights UFP Consolidated (In thousands) Quarter Period Year to Date 2026 2025 % Change 2026 2025 % Change Net sales $ 1,732,836 $ 1,559,627 11.1%$ 5,077,040 $ 4,990,520 1.7% Net earnings 58,633 75,542 (22.4) 192,901 255,836 (24.6) Net margin 3.4% 4.8% 3.8% 5.1% Adjusted EBITDA 119,255 140,019 (14.8) 385,091 456,317 (15.6) Adjusted EBITDA margin 6.9% 9.0% 7.6% 9.1% Percentage change in net sales: Organic units 4% —% Acquisitions 2 1 Selling prices 5 1 ● Net sales increased 11 percent in the quarter, driven by 4 percent organic unit growth, including volume improvements in our Site Built, Commercial, Structural Packaging, and Deckorators business units. Acquisitions contributed an additional 2 percent to net sales. ● Freight costs as a percent of net sales have increased by 1.3 percent, or $19 million, net of fuel surcharges and price adjustments, compared to year ago levels. The increase was driven by higher market-based transportation rates due to tightening industry capacity and elevated fuel costs. Freight spot rates, excluding fuel, increased 30 percent during the quarter before stabilizing at an elevated level towards the end of the quarter. Industry-wide changes resulted in constrained carrier capacity, as smaller carriers have exited the market, which contributed to the higher rates. ● New product sales were 8.7 percent of total net sales compared to 6.8 percent a year ago, highlighting continued progress to expand our portfolio of higher value-added products. UFP Retail (In thousands) Quarter Period Year to Date 2026 2025 % Change 2026 2025 % Change Net sales $ 634,514 $ 593,985 6.8%$ 1,984,433 $ 1,989,592 (0.3)% Net earnings 16,101 15,741 2.3 71,791 77,532 (7.4) Net margin 2.5% 2.7% 3.6% 3.9% Adjusted EBITDA 34,125 39,985 (14.7) 132,891 139,812 (5.0) Adjusted EBITDA margin 5.4% 6.7% 6.7% 7.0% Percentage change in net sales: Organic units —% (4)% Acquisitions 1 1 Selling prices 6 3 ● ProWood organic unit sales declined 4 percent in the quarter from year ago levels, reflecting weaker consumer sentiment amid continued macroeconomic and geopolitical uncertainty. ● Deckorators’ organic unit sales grew 21 percent in the quarter from year ago levels. Our Surestone decking sales increased 70 percent, our traditional wood plastic composite decking increased 69 percent, including acquisitions, and railings increased 2 percent from the same quarter a year ago. The MoistureShield acquisition contributed a 44 percent increase in wood plastic composite decking sales. Our current backlog of ordered but unshipped Surestone decking has improved to approximately $18 million as we continue to make progress optimizing capacity. ● UFP Edge organic unit sales remained flat from year ago levels. ● Adjusted EBITDA declined 14.7 percent in the quarter from year ago levels, primarily due to an $8 million increase in transportation costs. Improved gross profit in Deckorators, supported by higher volumes, and in UFP Edge, reflecting the prior restructuring of that business, partially offset the transportation headwind.
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Exhibit 99.1 UFP Packaging (In thousands) Quarter Period Year to Date 2026 2025 % Change 2026 2025 % Change Net sales $ 465,845 $ 394,949 18.0%$ 1,318,183 $ 1,233,626 6.9% Net earnings 11,411 21,358 (46.6) 34,385 58,908 (41.6) Net margin 2.4% 5.4% 2.6% 4.8% Adjusted EBITDA 27,250 34,284 (20.5) 82,973 108,125 (23.3) Adjusted EBITDA margin 5.8% 8.7% 6.3% 8.8% Percentage change in net sales: Organic units 9% 4% Acquisitions 6 3 Selling prices 3 — ● Structural Packaging organic unit sales grew 14 percent in the quarter compared to year ago levels. ● PalletOne organic unit sales increased 1 percent in the quarter from year ago levels, and acquisitions contributed an additional 18 percent in unit sales. ● Protective Packaging organic unit sales increased 5 percent in the quarter from year ago levels as two greenfield locations continue to make progress achieving sales targets. ● Adjusted EBITDA declined 21 percent in the quarter from year ago levels primarily due to higher transportation costs in each business unit and higher material costs. UFP Construction (In thousands) Quarter Period Year to Date 2026 2025 % Change 2026 2025 % Change Net sales $ 552,423 $ 496,465 11.3%$ 1,544,713 $ 1,563,995 (1.2)% Net earnings 21,141 24,682 (14.3) 52,495 74,189 (29.2) Net margin 3.8% 5.0% 3.4% 4.7% Adjusted EBITDA 37,691 41,878 (10.0) 99,423 124,668 (20.2) Adjusted EBITDA margin 6.8% 8.4% 6.4% 8.0% Percentage change in net sales: Organic units 4% (1)% Acquisitions — — Selling prices 7 — ● Site Built organic unit sales increased 12 percent in the quarter from year ago levels, supported by growth in the Frame Forward systems-selling approach and alternative-material offerings. ● Factory Built organic unit sales decreased 10 percent in the quarter from year ago levels due to the loss of lower margin commodity sales. ● Concrete Forming Solutions’ organic unit sales increased 6 percent in the quarter from year ago levels, driven by market share gains associated with value-added product sales. ● Commercial organic unit sales increased 20 percent in the quarter from year ago levels as overall demand has improved and as the business unit continues to gain market share. ● Adjusted EBITDA declined 10 percent in the quarter from year ago levels primarily due to lower gross profits in Site Built from macroeconomic pressures, competitive pricing and higher material costs, partially offset by improved gross profits in Commercial and Concrete Forming. Capital Structure, Leverage and Liquidity Information UFP Industries maintains a strong balance sheet as of September 26, 2026 and had liquidity of approximately $2.0 billion, consisting of more than $677 million of Cash and cash equivalents and $1.3 billion of remaining availability under its revolving credit facility and a shelf agreement with certain lenders. The company’s return- focused approach to capital allocation includes the following: ● Credit Facility. On October 23, 2026, the company amended and extended its existing $750 million revolving credit facility for an additional five-year term, expiring October 23, 2031. The
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amendment also increased the sublimits for swingline loans and letters of credit from $50 million to $75 million. Page 3
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Exhibit 99.1 ● Organic Growth. The company invests in organic growth opportunities when acquisition targets are not available at valuations that will allow us to meet or exceed targeted return rates. The company expects to invest approximately $150 million to $175 million on capital projects for the year. ● Acquisitions and Inorganic Growth. On October 26, 2026, the company announced the plan to acquire Apache Products, Inc., a wood pallet manufacturer, in November 2026 for an estimated $27 million in cash. In 2025, Apache Products had sales of approximately $53 million. ● Dividend Payments. On October 21, 2026, the Board declared a quarterly cash dividend of $0.36 per share. This dividend is payable on December 15, 2026, to shareholders of record on December 1, 2026. The per share cash dividend amount represents a 3% increase from the 2025 quarterly dividend rate of $0.35 per share. We continue to consider our payout ratio and yield when determining the appropriate dividend rate and have a long-term objective of increasing our dividend in line with our future earnings and free cash flow growth. ● Share Repurchases. During the first nine months of 2026, we repurchased a total of 2,169,224 shares for $182.7 million, at an average share price of $84.24. On May 29, 2026, our board authorized a new repurchase plan for up to $300 million worth of our shares through April 30, 2027. This authorization supersedes and replaces our prior authorizations. As of October 28, 2026, approximately $198 million remains available under this latest repurchase authorization. 2026 Outlook and Long-Term Targets Our full year 2026 outlook remains unchanged. We continue to expect overall industry unit demand for the year to be slightly down in each of our segments based on our sales mix. While we have mechanisms to offset these costs, energy and transportation are expected to remain elevated for the balance of the year. Demand tied to new residential construction is expected to remain challenging, while stabilization across most of our other end markets should partially offset that pressure. Accordingly, we are not assuming a meaningful improvement in underlying market demand through year-end. Despite these conditions, we expect to continue outperforming our markets through share gains, growth in new and value-added products, and continued execution of our cost-out initiatives. We also see opportunities to improve profitability through additional cost savings, better utilization of recent investments, and the integration of acquisitions. In addition, initial stocking orders, upgraded manufacturing capacity, and expanded distribution are expected to support continued momentum in our Deckorators’ Surestone business. The company’s long-term goals remain unchanged and include: 1) achieving 7-10 percent unit sales growth annually (including bolt-on acquisitions) with at least 10 percent of all sales coming from new products; 2) achieving 12.5 percent adjusted EBITDA margins; 3) earning an incremental return on new investments over our hurdle rate; and 4) maintaining a conservative capital structure. Conference Call UFP Industries will host a conference call on Thursday, October 29, 2026, to discuss these results and outlook. The conference call will begin at 10:00 a.m. Eastern Time and will be hosted by CEO Will Schwartz and CFO Michael Cole. Interested investors can access the live webcast directly with this link (here). A replay of the call will be available through the UFP Investor Relations website www.ufpinvestor.com for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia and Australia. For more about UFP Industries, go to www.ufpi.com. Page 4
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Exhibit 99.1 This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Thesestatements, including statements regarding our 2026 outlook, cost-savings objectives, capital allocation, the pending Apache Products acquisition,expected conversion of working capital, and long-term targets, are based on management’s beliefs, assumptions, current expectations, estimates andprojections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,”“forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. Thesestatements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard totiming, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts,circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially fromthose included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among thefactors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in currency and inflation;fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; changes in tariffs,import/export regulations, and other trade policies, including the timing and amount of tariff refunds; concentration of sales to customers; the success ofvertical integration strategies; excess capacity or supply chain challenges; inbound and outbound transportation costs and our ability to pass those coststhrough to customers; alternatives to replace treated wood products; government regulations, particularly involving environmental and safetyregulations; our ability to make successful business acquisitions; cybersecurity breaches; artificial intelligence; and potential pandemics. Certain ofthese risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with theSecurities and Exchange Commission. Non-GAAP Financial Information This release includes certain financial information not prepared in accordance with U.S. GAAP. Because not all companies calculate non-GAAPfinancial information identically (or at all), the presentations herein may not be comparable to other similarly titled measures used by other companies.Management uses Adjusted EBITDA and Free cash flow, which are non-GAAP financial measures, in order to evaluate historical and ongoingoperations. Management believes that these non-GAAP financial measures are useful in order to enable investors to perform meaningful comparisons ofhistorical and current performance. Adjusted EBITDA and Free cash flow are intended to supplement and should be read together with the financialresults. Adjusted EBITDA and Free cash flow should not be considered alternatives or substitutes for, and should not be considered superior to, thereported financial results. Accordingly, users of this financial information should not place undue reliance on the non-GAAP financial measures. See thetable below for a reconciliation of Net earnings to Adjusted EBITDA and a reconciliation of Net cash from operating activities to Free cash flow. Adjusted EBITDA margin is a non-GAAP financial measure. In calculating adjusted EBITDA, we make certain adjustments, including for interest andother (which includes interest and investment income and equity in earnings of investee), share-based compensation expense, net gains or losses on thedisposition and impairment of assets, and impairment of intangible assets. The most directly comparable GAAP financial measure is net earnings as apercentage of net sales (net margin). For the nine months ended September 26, 2026, our net margin was 3.8 percent, and our adjusted EBITDA margin,calculated as described above, was 7.6 percent. We have not provided a quantitative reconciliation of the forward-looking adjusted EBITDA margintarget to the most directly comparable GAAP measure because certain reconciling items and certain discrete tax items cannot be reasonably predicteddue to the long-term nature of this target and the inherent variability and uncertainty of such items. These items could individually or in the aggregate besignificant to the difference between adjusted EBITDA margin and the comparable GAAP measure. Free cash flow is defined as net cash from operating activities, adjusted to exclude the change in investment in net working capital, less maintenancecapital expenditures, plus interest expense, net of taxes. Free cash flow does not deduct expansionary and efficiency capital expenditures, acquisitions,dividends, or mandatory debt service, and therefore does not represent residual cash flow available for discretionary expenditures. # # # ---------------AT THE COMPANY--------------- Stanley Elliott Director of Investor Relations (804) 337-8217 Page 5
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Exhibit 99.1 CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (UNAUDITED) FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 2026/2025 Quarter Period Year to Date (In thousands, except per share data) 2026 2025 2026 2025 Net sales $ 1,732,836 100.0% $ 1,559,627 100.0% $ 5,077,040 100.0% $ 4,990,520 100.0% Cost of sales 1,487,915 85.9 1,296,946 83.2 4,305,995 84.8 4,146,909 83.1 Gross profit 244,921 14.1 262,681 16.8 771,045 15.2 843,611 16.9 Operating expenses Selling, general and administrative expenses 178,091 10.3 170,030 10.9 536,694 10.6 531,279 10.6 Net (gain) loss on disposition and impairments of assets (3,184) (0.2) 2,458 0.2 (4,534) (0.1) 6,212 0.1 Other (gains) losses, net (142) — 722 — 1,232 — 1,306 — Total operating expenses 174,765 10.1 173,210 11.1 533,392 538,797 Earnings from operations 70,156 4.0 89,471 5.7 237,653 4.7 304,814 6.1 Interest and other (6,716) (0.4) (9,663) (0.6) (19,025) (0.4) (26,946) (0.5) Earnings before income taxes 76,872 4.4 99,134 6.4 256,678 5.1 331,760 6.6 Income taxes 18,239 1.1 23,592 1.5 63,777 1.3 75,924 1.5 Net earnings 58,633 3.4 75,542 4.8 192,901 3.8 255,836 5.1 Less net earnings attributable to noncontrolling interest (668) — (196) — (1,290) — (1,003) — Net earnings attributable to controlling interest $ 57,965 3.3 $ 75,346 4.8 $ 191,611 3.8 $ 254,833 5.1 Earnings per share - basic $ 1.05 $ 1.29 $ 3.43 $ 4.29 Earnings per share - diluted $ 1.05 $ 1.29 $ 3.43 $ 4.28 Comprehensive income $ 57,723 $ 76,049 $ 190,839 $ 271,262 Less comprehensive income attributable to noncontrolling interest (396) (487) (1,479) (2,878) Comprehensive income attributable to controlling interest $ 57,327 $ 75,562 $ 189,360 $ 268,384 Page 6
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Exhibit 99.1 CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS BY SEGMENT (UNAUDITED) FOR THE THREE MONTHS ENDED SEPTEMBER 2026/2025 Quarter Period 2026 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net sales $ 634,514$ 465,845$ 552,423$ 78,029$ 2,025 $ 1,732,836 Cost of sales 560,963 406,791 461,118 64,512 (5,469) 1,487,915 Gross profit 73,551 59,054 91,305 13,517 7,494 244,921 Selling, general and administrative expenses 52,240 45,987 63,324 9,618 6,922 178,091 Net loss (gain) on disposition and impairments of assets 801 150 20 165 (4,320) (3,184) Other (gains) losses, net (336) — 107 50 37 (142) Earnings from operations 20,846 12,917 27,854 3,684 4,855 70,156 Interest and other (103) (2,071) (9) (253) (4,280) (6,716) Earnings before income taxes 20,949 14,988 27,863 3,937 9,135 76,872 Income taxes 4,848 3,577 6,722 847 2,245 18,239 Net earnings $ 16,101$ 11,411 $ 21,141$ 3,090 $ 6,890 $ 58,633 Quarter Period 2025 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net sales $ 593,985$ 394,949$ 496,465$ 72,482$ 1,746 $ 1,559,627 Cost of sales 513,763 327,528 405,262 59,251 (8,858) 1,296,946 Gross profit 80,222 67,421 91,203 13,231 10,604 262,681 Selling, general and administrative expenses 49,032 45,831 58,943 9,226 6,998 170,030 Net loss (gain) on disposition and impairments of assets 9,983 (5,970) (59) 63 (1,559) 2,458 Other losses (gains), net 462 — (3) 203 60 722 Earnings from operations 20,745 27,560 32,322 3,739 5,105 89,471 Interest and other (70) (381) (7) (2,845) (6,360) (9,663) Earnings before income taxes 20,815 27,941 32,329 6,584 11,465 99,134 Income taxes 5,074 6,583 7,647 1,691 2,597 23,592 Net earnings $ 15,741$ 21,358$ 24,682$ 4,893 $ 8,868 $ 75,542 Page 7
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Exhibit 99.1 CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS BY SEGMENT (UNAUDITED) FOR THE NINE MONTHS ENDED SEPTEMBER 2026/2025 Year to Date 2026 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net sales $ 1,984,433$ 1,318,183$ 1,544,713$ 223,461$ 6,250 $ 5,077,040 Cost of sales 1,715,673 1,138,422 1,285,463 185,352 (18,915) 4,305,995 Gross profit 268,760 179,761 259,250 38,109 25,165 771,045 Selling, general and administrative expenses 171,003 136,770 189,080 28,684 11,157 536,694 Net loss (gain) on disposition and impairments of assets 2,649 86 70 240 (7,579) (4,534) Other losses, net 123 — 659 399 51 1,232 Earnings from operations 94,985 42,905 69,441 8,786 21,536 237,653 Interest and other (541) (2,849) (409) (7,486) (7,740) (19,025) Earnings before income taxes 95,526 45,754 69,850 16,272 29,276 256,678 Income taxes 23,735 11,369 17,355 3,414 7,904 63,777 Net earnings $ 71,791$ 34,385$ 52,495$ 12,858$ 21,372$ 192,901 Year to Date 2025 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net sales $ 1,989,592$ 1,233,626$ 1,563,995$ 197,806$ 5,501 $ 4,990,520 Cost of sales 1,714,335 1,026,049 1,281,803 160,706 (35,984) 4,146,909 Gross profit 275,257 207,577 282,192 37,100 41,485 843,611 Selling, general and administrative expenses 163,029 136,748 185,454 28,086 17,962 531,279 Net loss (gain) on disposition and impairments of assets 11,090 (4,713) 272 2,679 (3,116) 6,212 Other losses (gains), net 780 — 268 451 (193) 1,306 Earnings from operations 100,358 75,542 96,198 5,884 26,832 304,814 Interest and other (184) (848) (8) (6,304) (19,602) (26,946) Earnings before income taxes 100,542 76,390 96,206 12,188 46,434 331,760 Income taxes 23,010 17,482 22,017 2,779 10,636 75,924 Net earnings $ 77,532$ 58,908$ 74,189$ 9,409 $ 35,798$ 255,836 Page 8
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Exhibit 99.1 RECONCILIATION OF NET EARNINGS TO ADJUSTED EBITDA BY SEGMENT (UNAUDITED) FOR THE THREE MONTHS ENDED SEPTEMBER 2026/2025 Quarter Period 2026 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net earnings $ 16,101$ 11,411 $ 21,141$ 3,090 $ 6,890 $ 58,633 Interest and other (103) (2,071) (9) (253) (4,280) (6,716) Income taxes 4,848 3,577 6,722 847 2,245 18,239 Expenses associated with share-based compensation arrangements 1,254 1,798 2,559 109 1,067 6,787 Net loss (gain) on disposition and impairments of assets 801 150 20 165 (4,320) (3,184) Depreciation expense 10,298 10,191 6,481 858 12,015 39,843 Amortization of intangibles 926 2,194 777 1,640 116 5,653 Adjusted EBITDA $ 34,125$ 27,250$ 37,691$ 6,456 $ 13,733$ 119,255 Net earnings as a percentage of net sales 2.5% 2.4% 3.8% 4.0% * 3.4% Adjusted EBITDA as a percentage of net sales 5.4% 5.8% 6.8% 8.3% * 6.9% * Not meaningful Quarter Period 2025 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net earnings $ 15,741$ 21,358$ 24,682$ 4,893 $ 8,868 $ 75,542 Interest and other (70) (381) (7) (2,845) (6,360) (9,663) Income taxes 5,074 6,583 7,647 1,691 2,597 23,592 Expenses associated with share-based compensation arrangements 855 1,609 2,173 171 2,728 7,536 Net loss (gain) on disposition and impairments of assets 7,583 (5,970) (59) 63 (1,559) 58 Impairment of intangibles 2,400 — — — — 2,400 Depreciation expense 7,523 8,946 6,667 1,027 10,470 34,633 Amortization of intangibles 879 2,139 775 1,701 427 5,921 Adjusted EBITDA $ 39,985$ 34,284$ 41,878$ 6,701 $ 17,171$ 140,019 Net earnings as a percentage of net sales 2.7% 5.4% 5.0% 6.8% * 4.8% Adjusted EBITDA as a percentage of net sales 6.7% 8.7% 8.4% 9.2% * 9.0% * Not meaningful Page 9
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Exhibit 99.1 RECONCILIATION OF NET EARNINGS TO ADJUSTED EBITDA BY SEGMENT (UNAUDITED) FOR THE NINE MONTHS ENDED SEPTEMBER 2026/2025 Year to Date 2026 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net earnings $ 71,791$ 34,385$ 52,495$ 12,858$ 21,372$ 192,901 Interest and other (541) (2,849) (409) (7,486) (7,740) (19,025) Income taxes 23,735 11,369 17,355 3,414 7,904 63,777 Expenses associated with share-based compensation arrangements 4,614 5,769 7,891 338 3,645 22,257 Net loss (gain) on disposition and impairments of assets 2,649 86 19 240 (7,579) (4,585) Impairment of intangibles — — 51 — — 51 Depreciation expense 27,962 27,815 19,895 2,721 34,816 113,209 Amortization of intangibles 2,681 6,398 2,126 4,953 348 16,506 Adjusted EBITDA $ 132,891$ 82,973$ 99,423$ 17,038$ 52,766$ 385,091 Net earnings as a percentage of net sales 3.6% 2.6% 3.4% 5.8% * 3.8% Adjusted EBITDA as a percentage of net sales 6.7% 6.3% 6.4% 7.6% * 7.6% * Not meaningful Year to Date 2025 (In thousands) Retail PackagingConstructionAll OtherCorporate Total Net earnings $ 77,532$ 58,908$ 74,189$ 9,409 $ 35,798$ 255,836 Interest and other (184) (848) (8) (6,304) (19,602) (26,946) Income taxes 23,010 17,482 22,017 2,779 10,636 75,924 Expenses associated with share-based compensation arrangements 3,146 5,390 7,173 609 11,588 27,906 Net loss (gain) on disposition and impairments of assets 8,690 (4,713) 272 2,679 (3,116) 3,812 Impairment of intangibles 2,400 — — — 2,400 Gain from reduction of estimated earnout liability — (1,511) (344) — — (1,855) Depreciation expense 22,425 26,933 19,188 3,080 29,948 101,574 Amortization of intangibles 2,793 6,484 2,181 4,973 1,235 17,666 Adjusted EBITDA $ 139,812$ 108,125$ 124,668$ 17,225$ 66,487$ 456,317 Net earnings as a percentage of net sales 3.9% 4.8% 4.7% 4.8% * 5.1% Adjusted EBITDA as a percentage of net sales 7.0% 8.8% 8.0% 8.7% * 9.1% * Not meaningful Page 10
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Exhibit 99.1 CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) SEPTEMBER 2026/2025 (In thousands) Assets 2026 2025 Liabilities and equity 2026 2025 Current assets Current liabilities Cash and cash equivalents$ 677,446 $ 1,008,632 Accounts payable $ 279,768 $ 231,905 Restricted cash 1,093 3,062 Accrued liabilities and other 299,154 294,923 Investments 47,526 33,926 Current portion of debt 5,247 5,386 Accounts receivable 684,638 607,537 Inventories 747,529 667,418 Total current liabilities 584,169 532,214 Other current assets 98,929 66,509 Long-term debt and finance lease obligations 229,114 229,007 Total current assets 2,257,161 2,387,084Other liabilities 264,122 166,057 Other assets 328,805 283,796 Temporary equity 476 5,018 Intangible assets, net 477,046 488,774 Property, plant and equipment, net 1,070,954 975,897 Shareholders' equity 3,056,085 3,203,255 Total assets $ 4,133,966$ 4,135,551Total liabilities and equity$ 4,133,966$ 4,135,551 Page 11
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Exhibit 99.1 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) FOR THE NINE MONTHS ENDED SEPTEMBER 2026/2025 (In thousands) 2026 2025 Cash flows from operating activities: Net earnings $ 192,901 $ 255,836 Adjustments to reconcile net earnings to net cash from operating activities: Depreciation 113,209 101,574 Amortization of intangibles 16,506 17,666 Expense associated with share-based and grant compensation arrangements 22,257 27,906 Deferred income taxes (2,470) (393) Unrealized gain on investment and other (4,241) (2,195) Impairment of investments 4,000 — Equity in earnings of investee (3,066) (1,072) Net (gain) loss on sale, disposition and impairment of assets (4,585) 3,812 Impairment of intangibles 51 2,400 Gain from reduction of estimated earnout liability — (1,855) Changes in: Accounts receivable (199,161) (104,813) Inventories (1,405) 61,025 Accounts payable 67,016 6,243 Accrued liabilities and other 33,504 32,988 Net cash from operating activities 234,516 399,122 Cash flows used in investing activities: Capital expenditures (122,715) (205,504) Proceeds from sale of property, plant and equipment 19,188 17,308 Acquisitions and purchases of non-controlling interest, net of cash received (123,097) (17,626) Purchases of investments (28,379) (27,388) Proceeds from sale of investments 15,702 14,464 Other 3,201 1,535 Net cash used in investing activities (236,100) (217,211) Cash flows used in financing activities: Borrowings under revolving credit facilities 35,594 23,299 Repayments under revolving credit facilities (30,718) (22,469) Contingent consideration payments and other (1,939) (221) Proceeds from issuance of common stock 1,824 1,867 Dividends paid to shareholders (60,199) (62,490) Distributions to noncontrolling interest (3,083) (1,280) Purchase of remaining noncontrolling interest of subsidiary (3,937) — Payments to taxing authorities in connection with shares directly withheld from employees (1,458) (9,582) Repurchase of common stock (181,281) (280,987) Other 73 (182) Net cash used in financing activities (245,124) (352,045) Effect of exchange rate changes on cash 176 2,234 Net change in cash and cash equivalents (246,532) (167,900) Cash, cash equivalents, and restricted cash, beginning of period 925,071 1,179,594 Cash, cash equivalents, and restricted cash, end of period $ 678,539 $ 1,011,694 Reconciliation of cash and cash equivalents and restricted cash: Cash and cash equivalents, beginning of period $ 914,199 $ 1,171,828 Restricted cash, beginning of period 10,872 7,766 Cash, cash equivalents, and restricted cash, beginning of period $ 925,071 $ 1,179,594 Cash and cash equivalents, end of period $ 677,446 $ 1,008,632 Restricted cash, end of period 1,093 3,062 Cash, cash equivalents, and restricted cash, end of period $ 678,539 $ 1,011,694 Page 12
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Exhibit 99.1 RECONCILIATION OF NET CASH FROM OPERATING ACTIVITIES TO FREE CASH FLOW (UNAUDITED) FOR THE NINE MONTHS ENDED SEPTEMBER 2026/2025 (In thousands) 2026 2025 Net cash from operating activities $ 234,516 $ 399,122 Increase in investment in net working capital 100,046 4,557 Maintenance capital expenditures(1) (52,910) (80,947) Interest expense, net of taxes 5,515 6,279 Free cash flow $ 287,167 $ 329,011 (1) Breakdown of Capital expenditures from the condensed consolidated statements of cash flows: Maintenance capital expenditures $ 52,910 $ 80,947 Expansionary and efficiency capital expenditures 69,805 124,557 Total Capital expenditures $ 122,715 $ 205,504 Page 13