Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

UFP Industries Announces First Quarter Results

Net sales of $1.82 billion, diluted EPS of $1.98

UFP Industries, Inc. (Nasdaq: UFPI) today announced first quarter 2023 results including net sales of $1.82 billion, net earnings attributable to controlling interest of $126 million, and earnings per diluted share of $1.98.

“Given the softer economy and general uncertainty in the markets, these results are in line with our expectations and, in some instances, better than we anticipated, thanks to the hard work of our UFP teammates,” said Chairman and CEO Matthew J. Missad. “Our experienced team continues to provide excellent value to our customers while efficiently managing the business with a determination to deliver strong results for our shareholders. Our strong cash flow, excellent balance sheet and prudent capital allocation enable us to take advantage of opportunities that may become available during this cycle. Of course, our operations will continue to make sure we are sized correctly for current demand, while still investing in product and service enhancements and innovations to create value for our customers. Our outlook remains positive, albeit at a lower level than 2021 and 2022.”

First Quarter 2023 Highlights (comparisons on a year-over-year basis):

  • Net sales of $1.82 billion decreased 27 percent due to a 20 percent decrease in prices, an 8 percent decrease in organic unit sales, and a 1 percent increase in sales from acquisitions.
  • New product sales of $167 million decreased 10 percent, largely due to lower lumber prices. New product sales as a percent of total sales rose to 9.1 percent from 7.4 percent in 2022.
  • Adjusted EBITDA of $202 million decreased 31 percent, and adjusted EBITDA margin dropped to 11.1 percent from 11.7 percent in 2022.
  • Diluted EPS of $1.98 represents a 34 percent decrease from last year.

Capital Allocation

UFP Industries maintains a strong balance sheet, with $145.3 million in net surplus cash (surplus cash less interest-bearing debt and cash overdraft) on April 1, 2023, compared to $409.8 million in net debt at the end of the first quarter of 2022. The company had approximately $1.7 billion of liquidity as of April 1, 2023. The company’s return-focused approach to capital allocation includes the following:

- A target of $200 million for capital investments in 2023, including value-added growth investments and significant investments in robotics, automation and technology.

- Repurchases of approximately 451,000 shares of common stock for $35.3 million during the first quarter of 2023 (at an average price of $78.27 per share). The company is authorized to purchase an additional 1.5 million shares through February 3, 2024, and intends to continue to repurchase UFPI shares when the price is advantageous and to offset dilution resulting from long-term, share-based incentive compensation programs.

- A quarterly dividend payment of $0.25 per share, approved by the board of directors on April 26, 2023, payable on June 15, 2023, to shareholders of record on June 1, 2023.

The company continues to seek strategic acquisitions that drive long-term growth and margin improvements, enhance its capabilities, and create incremental value for its customers and shareholders.

By business segment, the company reported the following first-quarter 2023 results:

UFP Retail Solutions

$749.6 million in net sales, down 25 percent compared to the first quarter of 2022, due to a 23 percent decline in selling prices (due to the relative decrease in the lumber market) and a 2 percent decline in organic unit sales. Gross profit decreased 30 percent to $94.4 million, primarily due to the impact of products sold with a variable price. Those products benefited from a significant increase in lumber prices during the first quarter of 2022. Based on anticipated lumber prices, the company expects more favorable comparisons for the second quarter of 2023 over 2022.

UFP Packaging (formerly UFP Industrial)

$486.6 million in net sales, down 20 percent compared to the first quarter of 2022, due to an 18 percent decrease in selling prices, a 4 percent decline in organic unit sales, and a 2 percent increase in sales from acquisitions. Gross profit decreased 19 percent to $120.9 million due to normalizing market pricing and a small decline in volume.

UFP Construction

$515.6 million in net sales, down 34 percent compared to the first quarter of 2022, due to an 18 percent decrease in selling prices and a 16 percent decrease in organic unit sales. Gross profit decreased 25 percent to $121.7 million, largely due to normalizing market pricing and a decline in volume among residential and manufactured housing customers in line with market conditions.

CONFERENCE CALL

UFP Industries will conduct a conference call to discuss its outlook and information included in this news release at 4:30 p.m. ET on Tuesday, May 2, 2023. The call will be hosted by Chairman and CEO Matthew J. Missad and CFO Michael Cole and will be available simultaneously and in its entirety to all interested investors and news media through a webcast at http://www.ufpi.com. A replay of the call will be available through the website.

UFP Industries, Inc.

UFP Industries is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – 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. UFP Industries is ranked #401 on the Fortune 500 and #149 on Industry Week’s list of America’s Largest Manufacturers. For more about UFP Industries, go to www.ufpi.com.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections 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. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, 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 from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these 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 the Securities 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-GAAP financial information identically (or at all), the presentations herein may not be comparable to other similarly titled measures used by other companies. Management considers Adjusted EBITDA, a non-GAAP measure, an alternative performance measure which may provide useful information to investors.

Net earnings

Net earnings refers to net earnings attributable to controlling interest unless specifically noted.

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (UNAUDITED)

FOR THE THREE MONTHS ENDED

MARCH 2023/2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Period and Year to Date

(In thousands, except per share data)

 

2023

2022

NET SALES

 

$

1,822,476

 

 

100.0

 

%

$

2,489,313

 

 

100.0

 

%

 

 

 

 

 

 

 

 

 

 

 

 

COST OF GOODS SOLD

 

 

1,464,147

 

 

80.3

 

 

 

2,010,950

 

 

80.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GROSS PROFIT

 

 

358,329

 

 

19.7

 

 

 

478,363

 

 

19.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

 

 

194,683

 

 

10.7

 

 

 

220,150

 

 

8.8

 

 

OTHER LOSSES (GAINS), NET

 

 

1,938

 

 

0.1

 

 

 

(812

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS FROM OPERATIONS

 

 

161,708

 

 

8.9

 

 

 

259,025

 

 

10.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTEREST AND OTHER

 

 

(2,841

)

 

(0.2

)

 

 

4,910

 

 

0.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS BEFORE INCOME TAXES

 

 

164,549

 

 

9.0

 

 

 

254,115

 

 

10.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME TAXES

 

 

38,971

 

 

2.1

 

 

 

60,984

 

 

2.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET EARNINGS

 

 

125,578

 

 

6.9

 

 

 

193,131

 

 

7.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LESS NET LOSS (EARNINGS) ATTRIBUTABLE TO NONCONTROLLING INTEREST

 

 

491

 

 

 

 

 

(3,428

)

 

(0.1

)

 

 

 

 

 

 

 

 

 

 

 

 

 

NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST

 

$

126,069

 

 

6.9

 

 

$

189,703

 

 

7.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS PER SHARE - BASIC

 

$

2.01

 

 

 

 

$

3.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS PER SHARE - DILUTED

 

$

1.98

 

 

 

 

$

3.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMPREHENSIVE INCOME

 

$

131,830

 

 

 

 

$

196,315

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LESS COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST

 

 

(1,760

)

 

 

 

 

(4,377

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST

 

$

130,070

 

 

 

 

$

191,938

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS BY SEGMENT (UNAUDITED)

FOR THE THREE MONTHS ENDED

MARCH 2023/2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Period and Year to Date

 

 

2023

(In thousands)

 

Retail

 

Packaging

 

Construction

 

All Other

 

Corporate

 

Total

NET SALES

 

$

749,577

 

$

486,561

 

 

$

515,593

 

$

67,512

 

$

3,233

 

 

$

1,822,476

COST OF GOODS SOLD

 

 

655,139

 

 

365,663

 

 

 

393,934

 

 

47,876

 

 

1,535

 

 

 

1,464,147

GROSS PROFIT

 

 

94,438

 

 

120,898

 

 

 

121,659

 

 

19,636

 

 

1,698

 

 

 

358,329

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

 

 

53,355

 

 

66,252

 

 

 

67,338

 

 

13,522

 

 

(5,784

)

 

 

194,683

OTHER

 

 

27

 

 

(86

)

 

 

73

 

 

2,080

 

 

(156

)

 

 

1,938

EARNINGS FROM OPERATIONS

 

$

41,056

 

$

54,732

 

 

$

54,248

 

$

4,034

 

$

7,638

 

 

$

161,708

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Period and Year to Date

 

 

2022

(In thousands)

 

Retail

 

Packaging

 

Construction

 

All Other

 

Corporate

 

Total

NET SALES

 

$

993,232

 

$

611,369

 

 

$

786,471

 

$

95,567

 

$

2,674

 

 

$

2,489,313

 

COST OF GOODS SOLD

 

 

858,895

 

 

461,815

 

 

 

625,059

 

 

64,024

 

 

1,157

 

 

 

2,010,950

 

GROSS PROFIT

 

 

134,337

 

 

149,554

 

 

 

161,412

 

 

31,543

 

 

1,517

 

 

 

478,363

 

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

 

 

62,668

 

 

67,231

 

 

 

82,337

 

 

16,625

 

 

(8,711

)

 

 

220,150

 

OTHER

 

 

272

 

 

(68

)

 

 

257

 

 

103

 

 

(1,376

)

 

 

(812

)

EARNINGS FROM OPERATIONS

 

$

71,397

 

$

82,391

 

 

$

78,818

 

$

14,815

 

$

11,604

 

 

$

259,025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADJUSTED EBITDA RECONCILIATION BY SEGMENT (UNAUDITED)

FOR THE THREE MONTHS ENDED

MARCH 2023/2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Period and Year to Date

 

 

2023

(In thousands)

 

Retail

 

Packaging

 

Construction

 

All Other

 

Corporate

 

Total

Net earnings

 

$

31,316

 

 

$

41,325

 

 

$

41,404

 

 

$

4,688

 

 

$

6,845

 

 

$

125,578

 

Interest and other

 

 

21

 

 

 

583

 

 

 

(5

)

 

 

(2,109

)

 

 

(1,331

)

 

 

(2,841

)

Income taxes

 

 

9,719

 

 

 

12,824

 

 

 

12,849

 

 

 

1,455

 

 

 

2,124

 

 

 

38,971

 

Expenses associated with share-based compensation arrangements

 

 

1,615

 

 

 

2,096

 

 

 

2,121

 

 

 

278

 

 

 

3,527

 

 

 

9,637

 

Net loss (gain) on disposition and impairment of assets

 

 

36

 

 

 

(86

)

 

 

(47

)

 

 

(10

)

 

 

(57

)

 

 

(164

)

Depreciation expense

 

 

5,618

 

 

 

7,682

 

 

 

4,628

 

 

 

615

 

 

 

7,231

 

 

 

25,774

 

Amortization of intangibles

 

 

1,055

 

 

 

2,246

 

 

 

797

 

 

 

532

 

 

 

379

 

 

 

5,009

 

Adjusted EBITDA

 

$

49,380

 

 

$

66,670

 

 

$

61,747

 

 

$

5,449

 

 

$

18,718

 

 

$

201,964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA as a Percentage of Net Sales

 

 

6.6

%

 

 

13.7

%

 

 

12.0

%

 

 

8.1

%

 

 

579.0

%

 

 

11.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Period and Year to Date

 

 

2022

(In thousands)

 

Retail

 

Packaging

 

Construction

 

All Other

 

Corporate

 

Total

Net earnings

 

$

54,246

 

 

$

62,228

 

 

$

59,903

 

 

$

10,611

 

 

$

6,143

 

 

$

193,131

 

Interest and other

 

 

23

 

 

 

512

 

 

 

 

 

 

854

 

 

 

3,521

 

 

 

4,910

 

Income taxes

 

 

17,128

 

 

 

19,651

 

 

 

18,915

 

 

 

3,350

 

 

 

1,940

 

 

 

60,984

 

Expenses associated with share-based compensation arrangements

 

 

1,221

 

 

 

1,408

 

 

 

1,464

 

 

 

224

 

 

 

2,614

 

 

 

6,931

 

Net loss (gain) on disposition and impairment of assets

 

 

305

 

 

 

(65

)

 

 

(11

)

 

 

10

 

 

 

(545

)

 

 

(306

)

Depreciation expense

 

 

4,436

 

 

 

6,807

 

 

 

3,434

 

 

 

572

 

 

 

6,593

 

 

 

21,842

 

Amortization of intangibles

 

 

883

 

 

 

1,715

 

 

 

864

 

 

 

1,082

 

 

 

128

 

 

 

4,672

 

Adjusted EBITDA

 

$

78,242

 

 

$

92,256

 

 

$

84,569

 

 

$

16,703

 

 

$

20,394

 

 

$

292,164

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA as a Percentage of Net Sales

 

 

7.9

%

 

 

15.1

%

 

 

10.8

%

 

 

17.5

%

 

 

762.7

%

 

 

11.7

%

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

MARCH 2023/2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS

 

 

2023

 

 

2022

 

LIABILITIES AND EQUITY

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

423,299

 

$

73,783

 

Cash Overdraft

 

$

 

$

61,711

 

Restricted cash

 

 

761

 

 

729

 

Accounts payable

 

 

277,989

 

 

425,956

 

Investments

 

 

37,534

 

 

35,465

 

Accrued liabilities and other

 

 

249,350

 

 

372,640

 

Accounts receivable

 

 

809,389

 

 

1,095,362

 

Current portion of debt

 

 

3,020

 

 

42,895

 

Inventories

 

 

960,338

 

 

1,230,351

 

 

 

 

 

 

 

 

 

Other current assets

 

 

35,692

 

 

36,727

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL CURRENT ASSETS

 

 

2,267,013

 

 

2,472,417

 

TOTAL CURRENT LIABILITIES

 

 

530,359

 

 

903,202

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OTHER ASSETS

 

 

242,541

 

 

155,438

 

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS

 

 

275,002

 

 

379,015

 

INTANGIBLE ASSETS, NET

 

 

487,080

 

 

445,232

 

OTHER LIABILITIES

 

 

178,986

 

 

173,577

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TEMPORARY EQUITY

 

 

6,801

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PROPERTY, PLANT AND EQUIPMENT, NET

 

 

700,155

 

 

600,879

 

SHAREHOLDERS' EQUITY

 

 

2,705,641

 

 

2,218,172

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ASSETS

 

$

3,696,789

 

$

3,673,966

 

TOTAL LIABILITIES AND EQUITY

 

$

3,696,789

 

$

3,673,966

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

FOR THE THREE MONTHS ENDED

MARCH 2023/2022

 

 

 

 

 

 

 

 

 

(In thousands)

 

2023

2022

CASH FLOWS USED IN OPERATING ACTIVITIES:

 

 

 

 

 

 

 

 

Net earnings

 

$

125,578

 

 

 

$

193,131

 

 

Adjustments to reconcile net earnings to net cash used in operating activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

25,774

 

 

 

 

21,842

 

 

Amortization of intangibles

 

 

5,009

 

 

 

 

4,672

 

 

Expense associated with share-based and grant compensation arrangements

 

 

9,637

 

 

 

 

6,931

 

 

Deferred income taxes (credit)

 

 

(242

)

 

 

 

101

 

 

Unrealized (gain) loss on investment and other

 

 

(149

)

 

 

 

1,601

 

 

Equity in loss of investee

 

 

588

 

 

 

 

515

 

 

Net gain on sale and disposition of assets

 

 

(164

)

 

 

 

(306

)

 

Changes in:

 

 

 

 

 

 

 

 

Accounts receivable

 

 

(191,064

)

 

 

 

(352,928

)

 

Inventories

 

 

14,674

 

 

 

 

(258,019

)

 

Accounts payable and cash overdraft

 

 

68,388

 

 

 

 

143,895

 

 

Accrued liabilities and other

 

 

(95,105

)

 

 

 

(6,466

)

 

NET CASH USED IN OPERATING ACTIVITIES

 

 

(37,076

)

 

 

 

(245,031

)

 

 

 

 

 

 

 

 

 

 

CASH FLOWS USED IN INVESTING ACTIVITIES:

 

 

 

 

 

 

 

 

Purchases of property, plant, and equipment

 

 

(38,166

)

 

 

 

(32,072

)

 

Proceeds from sale of property, plant and equipment

 

 

319

 

 

 

 

1,207

 

 

Acquisitions, net of cash received and purchase of equity method investment

 

 

 

 

 

 

(24,571

)

 

Purchases of investments

 

 

(11,709

)

 

 

 

(6,030

)

 

Proceeds from sale of investments

 

 

8,849

 

 

 

 

4,725

 

 

Other

 

 

(1,151

)

 

 

 

(2,995

)

 

NET CASH USED IN INVESTING ACTIVITIES

 

 

(41,858

)

 

 

 

(59,736

)

 

 

 

 

 

 

 

 

 

 

CASH FLOWS (USED IN) FROM FINANCING ACTIVITIES:

 

 

 

 

 

 

 

 

Borrowings under revolving credit facilities

 

 

4,437

 

 

 

 

242,950

 

 

Repayments under revolving credit facilities

 

 

(4,518

)

 

 

 

(141,438

)

 

Repayments of debt

 

 

(29

)

 

 

 

(199

)

 

Contingent consideration payments and other

 

 

(6,179

)

 

 

 

(551

)

 

Proceeds from issuance of common stock

 

 

685

 

 

 

 

663

 

 

Dividends paid to shareholders

 

 

(15,642

)

 

 

 

(12,541

)

 

Distributions to noncontrolling interest

 

 

(4,859

)

 

 

 

(2,053

)

 

Repurchase of common stock

 

 

(33,288

)

 

 

 

(501

)

 

Other

 

 

25

 

 

 

 

 

 

NET CASH (USED IN) FROM FINANCING ACTIVITIES

 

 

(59,368

)

 

 

 

86,330

 

 

 

 

 

 

 

 

 

 

 

Effect of exchange rate changes on cash

 

 

2,739

 

 

 

 

1,726

 

 

NET CHANGE IN CASH AND CASH EQUIVALENTS

 

 

(135,563

)

 

 

 

(216,711

)

 

 

 

 

 

 

 

 

 

 

ALL CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD

 

 

559,623

 

 

 

 

291,223

 

 

 

 

 

 

 

 

 

 

 

ALL CASH AND CASH EQUIVALENTS, END OF PERIOD

 

$

424,060

 

 

 

$

74,512

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of cash and cash equivalents and restricted cash:

 

 

 

 

 

 

 

 

Cash and cash equivalents, beginning of period

 

$

559,397

 

 

 

$

286,662

 

 

Restricted cash, beginning of period

 

 

226

 

 

 

 

4,561

 

 

All cash and cash equivalents, beginning of period

 

$

559,623

 

 

 

$

291,223

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents, end of period

 

$

423,299

 

 

 

$

73,783

 

 

Restricted cash, end of period

 

 

761

 

 

 

 

729

 

 

All cash and cash equivalents, end of period

 

$

424,060

 

 

 

$

74,512

 

 

 

 

 

 

 

 

 

 

 

 

Contacts

Dick Gauthier

VP of Investor Relations

(616) 365-1555

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 DalyCity.com & California Media Partners, LLC. All rights reserved.