For the quarter, the company reported that net sales increased 11% to $29.0 million from $26.1 million. UFP reported net income of $2.9 million or $0.45 per diluted share in the quarter versus net income of $1.1 million or $0.19 per diluted share in the same period in 2008.

In comparison, Taglich Brothers’ estimates called for fourth quarter net sales of $28.2 million and net income of $1.4 million or $0.22 per diluted share.

For the year, the company reported that net sales decreased 10% to $99.2 million from $110.0 million. UFP reported net income of $5.9 million or $0.94 per diluted share in fiscal 2009 versus net income of $5.1 million or $0.82 per diluted share in fiscal 2008.

Updated Research Report (Dated December 23, 2009)
Updated Research Report (Dated September 4, 2009)
Updated Research Report (Dated June 15, 2009)
Updated Research Report (Dated April 24, 2009)
Updated Research Report (Dated December 4, 2008)
Updated Earnings Note (Dated November 3, 2008)
Updated Research Report (Dated September 9, 2008)
Updated Earnings Note (Dated August 8, 2008)
Updated Research Report (Dated June 13, 2008)
Updated Earnings Note (Dated May 1, 2008)
Updated Research Update (Dated March 17, 2008)
Updated Earnings Note (Dated March 6, 2008)
Updated Research Report (Dated December 3, 2007)
Updated Earnings Note (Dated November 7, 2007)
Updated Research Report (Dated September 4, 2007)
Updated Research Report (Dated June 4, 2007)
Updated Research Report (Dated April 23, 2007)
Updated Research Report (Dated December 14, 2006
Updated Research Report (Dated October 2, 2006)
Updated Research Report (Dated July 21, 2006)
Updated Research Report (Dated May 8, 2006)
Updated Research Report (Dated December 8, 2005)
Updated Research Report (Dated September 12, 2005)
Updated Research Report (Dated June 14, 2005)
Updated Research Report (Dated April 14, 2005)
Updated Research Report (Dated December 13, 2004)
Updated Research Report (Dated August 11, 2004)
Updated Research Report (Dated June 29, 2004)
Updated Research Report (Dated March 30, 2004)
Updated Research Report (Dated November 7, 2003)
Updated Research Report (Dated August 13, 2003)
Updated Research Report (Dated June 18, 2003)
Updated Research Report (Dated May 5, 2003)
Updated Research Report (Dated November 13, 2002)
Updated Research Report (Dated August 2, 2002)
Updated Research Report (Dated May 24, 2002)
Updated Research Report (Dated March 15, 2002)
Updated Research Report (Dated November 27, 2001)
Updated Research Report (Dated August 20, 2001)
Updated Research Report (Dated May 21, 2001)
Updated Research Report (Dated April 19, 2001)
Updated Research Report (Dated November 6, 2000)
Updated Research Report (Dated May 15, 2000)
Updated Research Report (Dated February 2, 2000)

The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statements are the opinion of Taglich Brothers, Inc. and are not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in the reports are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from the Director of Research. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned and was not a manager or co-manager of any offering for the company within the last three years. Since February 2000, the company pays a monthly monetary fee of $1,000 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports. For further information and Taglich Brothers, Inc. ownership data please refer to each individual report.