Question · Q3 2026
Garrett Greenblatt asked about the specifics of announced cement price increases in current letters and the historical realization rate for years with low single-digit volume growth. He also questioned the progression of wallboard demand trends through Q4 and any momentum into calendar Q1.
Answer
CFO Craig Kesler detailed that cement price increases were around $8 per ton for most markets (excluding Texas and the far west), with timing between January and April 2026, emphasizing regional determination. He noted that calendar 2025 saw volume improvement, boosting utilization, and expressed optimism for continued volume growth in 2026. For wallboard, Mr. Kesler indicated consistent demand trends in the second half of the year, reflecting a meaningful drop, and expected similar trends into calendar Q1 2026, accounting for winter issues.
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